E-Mortgage Vet to Head SigniaDocs

MortgageWire has learned that veteran e-mortgage expert Tim Anderson has been hired as president and chief executive of Houston-based SigniaDocs.Mr. Anderson will be charged with developing a platform based on mortgage investor guidelines that go beyond Fannie Mae electronic quality control guidelines to actually warrant compliance, leveraging Mortgage Industry Standards Maintenance Organization SMART Docs. He said he welcomes the opportunity to prove the value of electronic mortgages as a fundamental cure for flaws in the mortgage creation process revealed in the ongoing mortgage meltdown, which brought a cascade of buybacks related to compliance. Signia boasts of having built its system "from the ground up as three-tier, very secure, completely browser-based, backed by a wealth of experience" through a management team of mortgage industry veterans. Mr. Anderson was most recently employed by Stewart. SigniaDocs can be found online at http://www.signiadocs.com.