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» VISIT US ONLINE @ DSNEWS.COM 89 EVP and COO at Arch MI, a wholly owned subsidiary of Arch Capital Group Ltd. Users of Lender Price will be able to in- stantly access RateStar quotes, which will also be accessible within the Lender Price platform, "providing flexibility for lenders who choose to build their own pricing applications using the Lender Price solution," according to Arch MI. "Arch MI is very pleased to partner with Lender Price," Hovey said. "is integration is another example of our commitment to provide innovative and seamless technology solutions to lenders." According to Lender Price Co-founder and CEO Dawar Alimi, "e integration between Arch MI and Lender Price further enhances our best-in-class pricing and product eligibility product." He added, "We are excited to work with Arch MI, a like-minded company committed to enhancing the user experience and stream- lining the mortgage loan process." TEXAS Texas Capital Completes First eClosing Texas Capital Bank has completed its first eClosing via DocMagic's digital mortgage platform, eClose. is makes Texas Capital one of the largest warehouse lenders in the industry to accept and fund eNotes. Dallas-based Texas Capital, which pro- vides warehouse credit facilities for mortgage lenders and originators, recently funded its first eNote, a technology that allows servicers to speed up the closing and loan sales process. According to a release from Texas Capital, the eNote was "instantly delivered to the bank, reg- istered with MERS, and securely stored in Doc- Magic's eVault." It was completed electronically and delivered to Fannie Mae within minutes. Total eClose is a DocMagic platform that offers a digital, paperless closing process. Ac- cording to Texas Capital EVP Donnie Mar- tine, the technology has been a game-changer for the bank. "DocMagic's eClosing and eMortgage so- lutions have provided Texas Capital Bank with the tools necessary to incorporate the funding of eNotes into our everyday operational procedures," Martin said. "We believe the digital mortgage revolution and acceptance of eNotes will continue to grow. We are pleased to have partnered with DocMagic to build out the infrastructure needed to support the eNote funding process at the bank, which in turn supports the trend towards digital mortgages." DocMagic's President and CEO Dominic Iannitti praised Texas Capital for its move toward more digital solutions. "It's very rewarding to support Texas Capital Bank as they move forward and break ground as an eWarehouse leader," Iannitti said. "In this industry, it's forward-thinking, tech-savvy organizations like this that thrive, set the pace and reach their goals. ey un- derstand the fundamental role that advanced technology plays in their—and the indus- try's—progress. We look forward to collabo- rating further as we help drive true end-to-end eMortgage adoption." THE LEADER IN DEFAULT SERVICING NEWS Help shape the next issue of DS News. Drop us a line at Editor@DSNews.com. According to the latest Black Knight Home Price Index (HPI), Texas was one of eight states where home prices hit a new peak in March, with the state coming in at $234,000. KNOW THIS of North Carolina state revenue comes from property taxes. Source: 2017 Tax Foundation Facts & Figures STAT INSIGHT 26.3%