DocMagic turns Tesla Model S into e-signature platform

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The day that Tesla CEO Elon Musk and thousands of Tesla Model S owners have been dreaming of has finally arrived: Now you can e-sign an IRS form 4506-T using the ultra-hip electric car’s 17-inch touchscreen. While it’s moving.

OK, it’s a day that perhaps only mortgage loan originators have been dreaming of. In the unlikely event that they or any of their clients happen to drive a Tesla Model S.

The point isn’t really that the Tesla can be turned into an e-signature platform, or that Tesla owners have a burning desire to sign IRS 4506-Ts while they are turning 13.7-second quarter miles (the 4506-T is the form homebuyers use to request a transcript of their tax returns, to prove they’re good for a mortgage).

The point DocMagic hopes to make with the stunt it recently pulled off at its Torrance, Calif., headquarters is that the company’s BorrowerMobile interactive mobile app “turns any tablet or smartphone, including the one built into the Tesla, into a seamless communication tool for borrowers and lenders.” Source: businesswire.com