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flag DocMagic gains two U.S. patents for AI-driven tools that streamline electronic loan document processing.

flag DocMagic, Inc. has received two U.S. patents for technologies that improve electronic loan document processing, including identifying similar documents and enabling digital loan formats. flag The innovations, integrated into its AutoPrep™ platform, use AI and optical character recognition to convert third-party documents into e-ready formats for eSignature, eNotarization, and eClosing. flag The company, based in Torrance, California since 1987, says the patents enhance efficiency, compliance, and security in mortgage closings. flag The technology supports digital lending solutions for lenders, borrowers, and settlement agents, reflecting DocMagic’s ongoing efforts to streamline mortgage processes through innovation.

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