E-signature provider Silanis Technology is providing enterprise electronic signature and delivery technology in Stewart's electronic disclosure solution.The new e-disclosure offering, from Stewart Company On-Line Documents Inc., enables lenders to electronically transmit and display initial mortgage disclosure documents to borrowers in a secure, consumer-friendly online environment, the companies said. The offering comes at a time when electronic mortgages are on the rise and online mortgage originations by the top 20 lenders were up by 73% in the second quarter, according to a recent issue of Mortgage Technology. The foundation of the latest Stewart offering, Silanis' ApproveIt Web Server, enables the electronic presentation and delivery of regulated documentation (in this case, disclosures) in the correct format and sequence, as mandated by applicable laws and regulations, the companies said. Silanis' solution guides borrowers to accept the terms of the Electronic Signatures in Global and National Commerce Act before beginning the electronic review and acceptance process.
-
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
24m ago -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
40m ago -
While home lenders are seeing a decrease in issues coming through mobile channels, phone fraud spiked last year, accounting for 28% of losses, a new report found.
3h ago -
The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in hedging losses.
April 24 -
The Consumer Financial Protection Bureau has seen excessive property-inspection charges, fees that loan mods should eliminate and improper line-item labels.
April 24 -
Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
April 24