Vantium Capital Unit to Offer E-Mods

Dallas-based Vantium Capital Inc. has begun offering electronic modifications through its Acqura Loan Services in an effort to improve and accelerate borrower acceptance. The company is using SigniaDoc's SMART Doc technology to prepare and present the e-mods to borrowers with loans that it services for investors and for its own fund. The borrowers are invited to view their loan modification documents online at a secure portion of Acqura's website and review them on a real-time basis with a representative from Acqura's Home Owner Solutions Center. If they agree with the modification, the borrowers can immediately e-sign the documents online in a secure environment. A growing number of investors will now accept e-signed mods, and federal and state courts have also recognized the validity of e-signed documents for loan modifications, the company said. Once the e-mod has been executed, it is electronically delivered to the investor's custodian and then filed in an e-vault.