Improving The Digital Closing Process

We have learned that Pavaso has partnered with OS National LLC (OSN), a provider of title and settlement services, to deliver a complete digital closing program. Pavaso, a mortgage technology provider, is the developer of a digital closing platform.

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As a provider of residential and commercial title and settlement services, OSN provides a high-touch, high-tech service experience for every person in the real estate transaction through its national platform and network of retail outlets across the U.S.

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“We are excited to partner with Pavaso as the title partner of choice for digital mortgage solutions,” said Michelle Esparza, National Sales Executive, OS National. “At OS National, we believe in providing the best possible service backed by proven technology that drives the title and mortgage industry forward. Partnering with Pavaso supports our core mission to remove paper from our processes and to deliver an exceptional customer experience that exceeds all expectations.”

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Pavaso’s technology allows lenders and title companies to deliver a complete, transparent loan package to borrowers, allowing them (or their REALTORs or loan officers) to access the closing documents anywhere, on any device, prior to closing. Pavaso’s Digital Close platform is capable of producing hybrid closings (digital closings which meet state requirements that some documents be “wet signed”)), as well as complete eNote and eVault transactions.

“The digital closing—be it hybrid or fully digital—is now accepted as the standard for lender, REALTOR® and consumer alike,” said Nancy Pratt, Vice President of Partner Relations and Government Affairs, Pavaso. “OS National has long made it a priority to deliver transparency, efficiency and, above all, simplicity, to the consumer at the point of closing; so the match with Pavaso is a natural one. We’re delighted to join OS National—along with the many lenders and REALTORS beginning to demand the digital closing—to move our industry forward.”

About The Author

Tony Garritano

Tony Garritano is chairman and founder at PROGRESS in Lending Association. As a speaker Tony has worked hard to inform executives about how technology should be a tool used to further business objectives. For over 10 years he has worked as a journalist, researcher and speaker in the mortgage technology space. Starting this association was the next step for someone like Tony, who has dedicated his career to providing mortgage executives with the information needed to make informed technology decisions. He can be reached via e-mail at tony@progressinlending.com.