E-signature

The visionary co-founded electronic signature company SignOnline in 1999, a year before legislation legalized e-signatures at the federal level.

Remote online notarization helped originators close loans amid social distancing measures, but complex local laws remain a barrier to its widespread use.

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

The company's remote online notarization provider, Notarize, says it's on track to close $100 billion in mortgage volume over the next 12 months.

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

It starts with understanding investor, insurer and regulatory requirements and how they're interpreted and applied.

After months of pandemic-related delays, the joint venture between Guaranteed Rate and @properties started originating mortgages.

Remote online notarization gains momentum from every corner of the mortgage industry and those MISMO-certified providers are reaping the benefits.

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.