E-docs

Each state has a different set of laws that governs electronic notarization, and companies have varying interpretations, which can lead to delayed closings.

In the past, the people that close the loan have been left out of developing this technology.

With more real estate and mortgage companies moving to a digital process, volume expectations in the face of coronavirus restrictions shot way up in May compared to April.

The temporary approval of remote ink-signed notarizations gives mortgage companies another tool for closing deals during coronavirus lockdown.

As the world practices social distancing to counteract spreading the virus further, it forces lenders to move as close as possible to an all-digital model, as quickly as possible.

Electronic closings are a solution in efforts to limit people congregating, but there could be some state law concerns.

Denver beat out Salt Lake City to snag another technology firm looking to escape the Bay Area's escalating costs.

Mortgage companies will be charged fees to upgrade an Internal Revenue Service system they use, but will benefit from the improvement as well.

Loan officers' jobs are harder than they need to be because of back-end system inefficiencies, and it adds cost to the process.

MISMO released an updated set of remote online notarization standards to create consistency among industry practices and state laws as mortgage lenders continue to make strides with electronic closings.

Not only do Gen-Xers have the home buying power and technological insights and ability, but they also have more decision makers in the mortgage industry than millennials, and thereby possess supply power in the rising demand for e-closings.

Artificial intelligence, automation, electronic closings; the 2019 Top Producers identified the biggest technology initiatives bending the way mortgages get done.

A recent pyramid scheme highlights why mortgage lenders should keep an eye out for misrepresentation when reviewing electronic documents and signatures.

A patchwork of state laws makes it tough for lenders to adopt electronic notarization, but they'll need to if they want to make a fully digital mortgage a reality.

As the industry shuffles closer to completely digital mortgages, the next wave of technology aims to usher in total automation and uniformity.

Ellie Mae plans to more quickly adapt to an evolving digital mortgage landscape with Amazon's help rebuilding from the inside-out.

In the latest example of how companies that control a significant portion of the home buying process can weave digital innovations throughout the customer experience, online real estate and mortgage company Redfin will implement electronic closing technology from Notarize.

Texas is expected to be the tipping point in online closing adoption, and title companies predict that e-closings will soon be standard operating procedure.

First American Mortgage Solutions is stepping up its digital mortgage game by offering electronic closing capabilities.

Wells Fargo Home Lending is tapping eOriginal to launch an electronic note program, marking a step forward for the mortgage industry's push toward a more digital process.