Wells Broadens E-Disclosure Acceptance

On the heels of approving the acceptance of DocuSign electronic signature technology, Wells Fargo has announced that it will now accept e-disclosures and e-1003s from eLynx and Encomia as well. Specifically, Wells Fargo Funding will accept Encomia's e-disclosures and e-1003 product offerings in a move the lender calls the first step toward full e-mortgage adoption. Encomia's e-disclosures are designed to allow borrowers to review and e-sign their upfront disclosures and loan applications. Similarly, Wells Fargo Funding has approved eLynx's uSign and SwiftSign electronic signature services for use by all its correspondent lenders. Correspondents will now be able to choose uSign and SwiftSign to incorporate e-sign capabilities into their lending operations. The vendors can be found on the Web at http://www.encomia.com and http://www.elynx.com.