Indiana-based Centier Bank has integrated with electronic document management solution DocMagic, Inc., to receive eNotes from their warehouse clients through DocMagic’s eVault solution, the companies announced this week.
The move positions Centier to secure more business as mortgage bankers increasingly adopt eClosing technology.
Centier implemented DocMagic’s eVault specifically for its mortgage warehouse lending business. DocMagic’s solution enables the bank to accept and fund eNotes from customers closing loans electronically. The move is intended to facilitate ease of doing businesses with eNotes coupled with establishing a future competitive advantage, according to a Centier spokesperson.
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