Blazing An eClosing Trail

BC Law, a provider of closing services for the mortgage and title industries, has selected Pavaso to conduct digital closings for its lender and agent clients.

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Based in Stuart, Florida, BC Law provides attorney state services such as title opinions, settlement, disbursement, and recording in several states for refinance, purchase and reverse mortgage transactions. By choosing Pavaso to provide a digital closing process for homebuyers, BC Law becomes one of the very few eClosing providers in states that require attorney settlements, which include Georgia, North and South Carolina, New York, Massachusetts and Vermont.

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“Working with Pavaso’s eClosing technology solution will provide our lender and title company partners the ability to eClose in select states which require attorney settlement partners,” said Rudy Krupka, chief marketing officer of BC Law. “Working with Pavaso, BC Law can deliver the positive eClosing borrow experience our clients have come to expect from BC Law.”

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The Pavaso Platform is the only closing solution that connects all stakeholders in one location. Lenders and title agents use Pavaso to collaborate, review closing documents and access all the tools needed to conduct digital closings, including remote online notarizations. As a result, borrowers receive much faster and more transparent transactions compared to a traditional, paper-based closing process.

Mark McElroy, president and CEO of Pavaso, noted that BC Law is known for having a high success rate of closing attorney-based settlements and is capable of conducting closings at any location, time or day of the month.

“We’re thrilled to be working with a company that is so committed to providing clients with a better closing experience,” McElroy said. “By conducting digital closings on the Pavaso Platform, BC Law will continue that commitment while ensuring more compliant, streamlined closings. We look forward to a long and successful relationship.”

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.