Pavaso has partnered with First Title & Escrow, Inc. (“First Title”), a technology-focused national settlement services firm, to provide clients with a comprehensive digital closing program. Pavaso, a leading mortgage technology provider, is the developer of the industry’s only truly digital mortgage enterprise solution platform.
Headquartered in the Washington D.C. Metropolitan area, First Title provides title and settlement services nationally. The company prides itself on being a technology-focused provider, committed to applying the latest in digital advancements to create the best possible consumer experience.
“The fully digital mortgage is here, and we couldn’t be more excited to partner with Pavaso,” said Stephen Papermaster, President of First Title. “With this partnership, First Title is among the first to offer fully digital closing services to our clients.”
Pavaso’s technology is simplifying the closing process for home buyers across the country and delivering an accurate, compliant, consistent closing in 15 minutes or less. The collaborative platform brings title documents and lender documents together for digital signature and allows consumers to have access to all documents anywhere, on any device prior to closing. Pavaso’s Digital Close platform provides flexibility in closing by producing hybrid closings as well as complete eNote and eVault transactions.
“We are finding that mortgage lenders and their customers are beginning to expect the digital closing option, and service providers unable to deliver that are falling behind the curve,” said Mark McElroy, CEO, Pavaso. “First Title, however, has long been among the early adopters when it comes to new and consumer-focused technology. As a result, this partnership is a natural fit which will only accelerate the ongoing digital transformation industrywide.”
About The Author
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 firstname.lastname@example.org.