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Lenders One Launches Complete eClosing Solution For Members

Lenders One Cooperative, a national alliance of independent mortgage bankers, has launched Lenders One eClosing by DocMagic, a complete eClosing solution for borrowers, lenders and investors. The eClosing solution provides an entirely paperless workflow that integrates every component of the closing process and guides users through each step.

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Launched for Lenders One members at the Lenders One Summer Conference in Salt Lake City, Lenders One eClosing by DocMagic is evidence that eMortgages and eClosings are no longer a future-state vision. When using the solution, the average loan closing “at the table” can be reduced from 60 minutes to 15 minutes, helping to dramatically improve the borrower experience.

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The solution includes the following features:

>> Integrated with all of the major LOS platforms to generate e-enabled documents.

>> An embedded compliance engine that automatically audits documents and data against applicable industry laws and regulations to help ensure compliance throughout the loan lifecycle.

>> eNotary technology for in-person electronic notarization or remote online notarization where permissible.

>> The ability to deliver a MISMO SMARTDoc eNote with direct connectivity to the MERS eRegistry.

>> A secure, certified eVault which provides long-term storage and eDelivery to warehouse banks and investors and features a date-stamped and time-stamped audit trail to help show proof of compliance at all times.

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“Our eClosing technology puts Lenders One members at the forefront of the eMortgage evolution, a sought after capability made possible through our collaboration with DocMagic,” said Michael Kuentz, CEO of Lenders One. “Importantly, the eClosing solution incorporates feedback received from our members and service providers, helping ensure we address their needs. Our comprehensive eClosing solution provides our members with options to choose full eClose or hybrid eSign/ink-sign workflows. The technology adapts to the lender’s production environment and compresses the overall timeline to loan sale, generating material savings for lenders facing historically high loan production costs.”

“Effective implementation of eClosing begins with a well-defined eMortgage strategy, and by working in concert with Lenders One, we are helping originators set up their eClosing production lines at a pace, and in a manner, that is consistent with their overall business goals,” said Dominic Iannitti, President and CEO of DocMagic. “The deep working relationships that Lenders One has established with its members are critical, and through our combined strength we are accelerating the eMortgage journey for progressive lenders nationwide.”

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.

Getting Closer To Full eClosings

Pavaso, a mortgage technology provider, has introduced a remote online notarization feature (RON) to its Digital Close eClosing platform. RON will enable users to conduct the mortgage closing session remotely—including notarizations. Pavaso is the developer of a truly digital mortgage enterprise solution platform that incorporates both lender and title participation.

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Pavaso’s development of its Remote Online Notarization tool provides its users the ability to conduct the entire closing (including notarization) using a single electronic portal through the Digital Close Enterprise eClosing platform.  Other systems require additional technology, integrations or multiple portals to conduct a complete, notarized closing. The feature was developed in direct response to the rapidly growing interest at the state level in allowing remote notarization. Currently, remote notarization is legal in Texas, Virginia, Montana and Nevada. Several more states, including Indiana, Minnesota and Tennessee, have passed laws or are expected to pass laws introducing remote notarization in the next year as well.

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According to Nancy G. Pratt, Vice President Partner Relations & Government Affairs for Pavaso, the addition of RON to Digital Close will empower users to notarize documents (where allowed by law) electronically and online—even when physically separated from the signer of the documents. The feature provides convenience to all parties without having to forego the use of experienced closing agents. Pavaso’s RON tool provides a faster, easier connection process for consumers as well as instant access to a recording of the notarizations.

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“RON is yet another powerful indicator that times are changing in the mortgage and settlement industries,” said Pratt. “Consumers are demanding more flexibility in choices – it’s no longer just a wish for flexibility in choices —they demand them. Pavaso’s unveiling of RON ensures that the consumer will now be able to experience the convenience, transparency and simplicity of a digital closing no matter where that consumer (or closing agent) might be situated.”

The Pavaso Digital Close platform delivers efficient, accurate closings by preventing errors at closing, including over signing, missed signatures and more. This, in turn, delivers a smooth, faster closing for consumers while reducing costs for mortgage lenders. The collaborative platform brings title and lender documents together for digital signature and allows consumers access all documents anywhere, on any device, prior to closing. Pavaso’s Digital Close platform provides flexibility in closing by facilitating hybrid closings as well as complete eNote and eVault transactions.

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.

Partners Deliver Collaborative eClosing With eNotarization

Pavaso has partnered with Utah-based mortgage lender Intercap Lending, Salt Lake City-based Elevated Title and Columbus, Ohio-based Signature Closers to deliver an eClosing experience during which the lender, title company and notary provider all collaborate within the Pavaso portal to complete the closing.

On March 26, 2018, Intercap Lending used the Pavaso platform to electronically close its first loan with national title company Elevated Title and Signature Closers, a technology enabled notary and closing firm that partners with agencies nationwide. The partnership represents a true collaboration between lender, title company and closer using a single technology as its platform.

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40 years ago Intercap Lending started in the mortgage industry.  Their commitment to adapt and evolve to consumer demands allows them to continually add value to their customers. By shortening the process and collaborating with all parties to streamline the process, they deliver a better experience to their customers.

Pavaso’s built-in eNotarization capabilities allows borrowers to sign and notaries to verify and stamp documents digitally, executing the closing package more efficiently and securely. Pavaso’s Digital Close platform is scalable from hybrid closings (part ink, part digital) all the way to a full eNote and eVault capabilities. All parties to the transaction can execute a seamless eClosing process that provides transparency and education, supporting fairness to the borrower throughout the transaction.

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“Adapting to a rapidly evolving market has always been an important part of Intercap Lending’s ethos,” said Josh Romney, chairman and owner of Intercap Lending. “Our biggest asset is the trust and loyalty of our customers. Incorporating new technologies, such as eClosing, that help our customers have a better experience with our platform helps us continue to provide a level of service to our customers that surpasses that of our competitors.”

“So often the national lender doesn’t think about the client’s closing experience. They don’t realize that the last thing the borrower remembers is the closing process,” said Sally Farrar, Elevated Title’s CEO. “The lender can offer a streamlined, cutting-edge, online loan experience, but then, they turn their borrower over to a traditional title company that requires a borrower to go to an office or, sign with a notary, hundreds of documents. This can ruin the borrower’s entire loan experience.”

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“Today’s consumer demands transparency and efficiency to enable a smooth closing experience,” said Dan McGrew, COO, Pavaso. “IntercapLending, Elevated Title and Signature Closers have proven themselves leaders in the industry when it comes to using the best technology for the benefit of the consumer. In partnering with Pavaso, these companies have signaled the industry that the digital closing is no longer a “nice-to-have,” but rather, an essential ingredient in the consumer experience.”

“It’s extremely fulfilling to take part in the eClosing transformation in our industry working with partners like Elevated Title, Intercap Lending, and Pavaso,” said Mark Fleming, Jr., President Signature Closers, LLC. “The high level of communication and trust developed between our companies creates a simple, efficient process for signers across the country and allows us to continue to stay true to our mission of serving others in a responsive, first class way.”

A Good Day For Digital Closings

Black Knight has announced the first phase of LoanSphere Expedite Close will be available later this year. Expedite Close is an advanced hybrid and full digital closing solution that supports data and document exchange, workflow and processes associated with real estate transactions. Expedite Close provides an electronic closing fulfillment process, enabling seamless and secure online interactions between the real estate agent, lender, settlement agent and consumer from contract through closing.

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Black Knight has developed Expedite Close with the end user in mind – creating a solution flexible enough to meet the unique process requirements and business needs of each participant along the way. “What sets Expedite Close apart from other eClosing solutions is that it’s built to support the needs of all users – settlement agents, lenders, real estate agents, consumers and investors – providing them with the capabilities to do what they need to do, when they need to do it, in a way that doesn’t call for significant changes to current business processes,” said Tom Peterson, president, Black Knight’s Lending Solutions division. “Because it does so in a way that is entirely ‘agnostic’ to existing platforms, this is more than a solution. With Expedite Close, Black Knight is building an industry utility.”

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Leveraging Black Knight’s suite of integrated electronic signature and documentation fulfillment services, Expedite Close includes enhanced workflow and decisioning capabilities, as well as increased automation to support the full closing process. Lenders, settlement agents and consumers can securely collaborate online, and either use the solution with the portals, source systems and document providers they currently use, or integrate additional Black Knight solutions where needed. The solution tightly integrates with Black Knight’s LoanSphere Empower loan origination system and Black Knight’s industry-leading LoanSphere MSP servicing system.

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Expedite Close will seamlessly support all consumer interaction and workflow fulfillment requirements. With this solution, consumers are able to access a secure portal to review and sign all of their closing documentation online, and “wet sign” any specific documents that require a physical signature for jurisdictions not yet accepting electronic notarization. A consumer can also choose to wet sign all documents in the closing package. If this process is chosen, Expedite Close will provide the loan documentation to the settlement agent within the required timeframe, eliminating any document fulfillment workflow gaps.

Expedite Close significantly enhances consumers’ experience by providing them with a more streamlined closing; the ability to review all necessary documents and update the loan’s status; and more control in the overall process. Lenders and settlement agents not only benefit from improved borrower satisfaction, but also from reduced risk and enhanced process efficiencies using their current processes.

“Our goal is to streamline the closing process,” said Peterson. “Today’s borrowers are accustomed to anywhere, anytime connectivity and the freedom to choose how they want to interact with businesses. Expedite Close gives them that freedom, and will help to advance the mortgage industry by making it possible for electronic fulfillment for closings to become the norm rather than the exception.”

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.

Equity National Title Now Conducting eClosings With Pavaso

Equity National Title, a national provider of title and settlement services is now able to deliver eClosings with Digital Close through Pavaso, Inc., a provider of digital closing solutions for the mortgage industry.

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More specifically, Equity National Title can now deliver hybrid eClosings in which select documents, such as the Deed and Note, are printed and “wet-signed,” but much of the closing package is executed electronically. ““An awesome closing experience for our customers and their borrowers is our primary focus and the digital closing experience is one that more and more of our lending partners are demanding,” said Jim O’Donnell, President of Equity National Title. “Pavaso’s technology is being used by a number of our lender clients, and we’ve found that they deliver fantastic support as well as flexibility through the hybrid option when we need to close on any combination of paper and digital.”

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Pavaso’s Digital Close accommodates paper, hybrid or fully digital closings.  It also enables efficient online communication and collaboration between the real estate agent, lender, title/settlement agent and borrower during the entire closing process. The digital closing platform provides built-in eSign and eNotarization capabilities, allowing borrowers to sign and notaries to verify and stamp documents digitally. Although there are still some traditionally wet-signed documents, this allows the majority of the closing package to be executed more efficiently and securely.

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“Each time a national provider like Equity National Title adopts an eClosing process, the digital transformation of the mortgage becomes much more widespread—even much more mainstream,” said Mark McElroy, President and CEO of Pavaso. “With a large title network for digital mortgages emerging, it’s really only a matter of time until eClosings are a staple for businesses.”

Lenders Are Optimistic About Trump

A large majority of lenders surveyed (73 percent) believe the new administration’s policies will have a positive impact on the lending environment, according to the 2017 Lenders One Mortgage Barometer, a survey of 200 mortgage lending professionals.

“Despite some industry concerns over rising interest rates, lenders are optimistic about the potential for a more flexible regulatory environment in 2017 and beyond,” said Bryan Binder, chief executive officer of Lenders One.

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Lenders are also ready to make investments in their organizations’ business operations. In fact, 42 percent of lenders indicate their biggest investment is in operational changes (hiring new staff, compliance support and software support), and 25 percent of lenders surveyed say they are currently making the greatest investment in marketing. While these investments are necessary for the industry to keep pace with consumer demand, they may also be driving up the cost per loan, with 65 percent of respondents indicating that the cost per loan will continue to increase.

Regulations Don’t Weigh Quite as Heavy on Lenders in 2017

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Lenders are ready for new regulatory requirements, such as updates to the Home Mortgage Disclosure Act (HMDA), with two-thirds (65 percent) indicating they are very prepared for HMDA changes. Yet, the biggest HMDA compliance challenge for lenders is around additional resources needed to report transactional data, such as home equity lines of credit (HELOC) and dwelling secured loans for apartments. While lenders are investing in staff and technology, about one-third (32 percent) of them cite challenges with securing additional resources to report, connect and analyze transactional data.

E-closings See Broad Adoption a Decade after Their Inception

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Though 39 percent of lenders report they are not using electronic closings (e-closings) on mortgage loans, a third of those respondents expect their organizations to implement e-closings in one to two years, on average. The majority (61 percent), however, say their organization has implemented e-closings while seasoned lenders — those in the business for 10 or more years — are the predominant category of lenders utilizing them (67 percent).

Survey Methodology 

The Lenders One Mortgage Barometer was conducted online among a random sample of 200 mortgage lenders. Fieldwork was conducted by independent research firm Ebiquity between January 4 and 14, 2017. The margin of error associated with the sample of n=200 is +/- 6.9 percent at a 95 percent confidence level.

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.

Big eClosing News Out Of North Carolina

Jason and Karen Boccardi made history last week when they refinanced the mortgage on their Winston-Salem property. It was not the home that was historical, or anything about the closing paperwork—just the opposite—it was that there was no paperwork.  Here’s what happened:

Last Friday, the Boccardis became the first people in North Carolina history, along with their lender, North State Bank, to execute a 100 percent electronic mortgage closing, called an “eClosing.” A few such totally electronic closings have been done around the nation. Government regulators say the North Carolina one is different in that it was not done as just a one-time test, but as the start of a new 21st Century way to do mortgage closings.

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“This was our first North Carolina eClosing,” NC Secretary of State Elaine F. Marshall said Tuesday, “it is not our last. We want this to become a regular option for lenders and their customers because of the many advantages eClosing offers versus the slower, traditional paper-based system.”

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Secretary Marshall has been a leading advocate for modernizing traditional business practices in North Carolina to better compete at the national and international levels. She and her agency have led the charge along with many North Carolina county registers of deeds to do more paper-free electronic recordings of government-required filings and land records.

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As the notary public regulator in North Carolina, the Secretary of State’s office has developed the standards and curriculum for the electronic notary status, often called eNotary. A notary public with this status can attach a digital version of their notary stamp to electronic legal transactions, making them legally the same as paper-based filings requiring a notarized document.

“The eNotary is essential to moving legal filings into the digital age,” Secretary Marshall said. “People and institutions still want to know that a notary was there in the room confirming the signer’s identity even if the filing is moving through cyberspace instead of being a pile of paper.”

The electronic, notarized mortgage was insured by Investors Title Insurance Company of Chapel Hill. DocMagic and World Wide Notary were the electronic solution providers that were used.

Secretary Marshall stressed that eClosings have all of the regular features and safeguards that people see when they execute a mortgage on paper. “For eClosings we require the physical presence of that notary plus the

access to legal expertise—there is zero drop in standards for an eClosing—it is just faster, far more convenient and in my opinion more secure.”

The historic eClosing last Friday featured a test of the different elements by having the event take place in a North State Bank office in Hickory for a property in Winston-Salem, with the attorney for the Boccardis from the Hunoval Law Firm participating via an interactive video link from Charlotte.

“We stress tested the whole thing as hard as we could,” Secretary Marshall said. “It was still far quicker and easier to do than a traditional closing.” Marshall added that many government officials, digital service venders and lenders have worked for years to make sure that the way digital records are recorded in North Carolina is safe, secure and reliable.

“We have actually been electronically recording many filings such as land records this way in North Carolina for years now, and there has never been any security issue,” she said. “We are simply bringing the system to the level where people buying homes and applying for mortgages can use it.”

Marshall said with eClosings now a feature in North Carolina, it put the State in a more competitive business climate compared to areas that only offer paper filings.

“This is a win-win-win scenario,” she added. “The lender gets their work done quick and easy, the borrower gets in and out on a schedule that fits for them, and the land records get recorded instantly at the county register of deeds. There are no couriers or copiers or travel delays.”

North State Bank is currently the only lender to have done a fully paperless eClosing. The bank has been an active participant for the past year, vetting the system as it prepared to do a live closing. North State Bank President Ken Sykes attended the closing on Friday.

“We stand ready to work with all other North Carolina lenders to get them up to speed on this,” Marshall said. “One thing we all noted during this closing was that even though we tried to make it into a real ceremony—it was still so fast and easy that we had a hard time not being finished in just a few moments.”

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.

E-Warehousing Picks Up Momentum

Texas Capital Bank has implemented DocMagic’s Total eClose solution.  This implementation enables the bank to function as an eWarehouse lender. They can now accept and fund eNotes from its lender customers that want to drastically speed up the process of closing and selling loans.

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Total eClose, DocMagic’s eClosing technology, is a single-source, centralized platform that provides all necessary components to enable a completely paperless digital closing. Texas Capital Bank is a provider of warehouse credit facilities to fund mortgage origination and acquisition.

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Texas Capital Bank recently funded its first eNote with a key lender client using DocMagic’s eMortgage technology suite. The eNote was instantly delivered to the bank, registered with MERS, and securely stored in DocMagic’s eVault. They completed the entire transaction electronically and transferred the eNote to Fannie Mae in minutes, rather than days.

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“DocMagic’s eClosing and eMortgage solutions have provided Texas Capital Bank with the tools necessary to incorporate the funding of eNotes into our everyday operational procedures,” said Donnie Martin, Executive Vice President at Texas Capital Bank.  “We believe the digital mortgage revolution and acceptance of eNotes will continue to grow.  We are pleased to have partnered with DocMagic to build out the infrastructure needed to support the eNote funding process at the bank, which in turn supports the trend towards digital mortgages.”

“It’s very rewarding to support Texas Capital Bank as they move forward and break ground as an eWarehouse leader,” said Dominic Iannitti, president and CEO of DocMagic.  “In this industry, it’s forward-thinking, tech-savvy organizations like this that thrive, set the pace and reach their goals. They understand the fundamental role that advanced technology plays in their—and the industry’s—progress. We look forward to collaborating further as we help drive true end-to-end eMortgage adoption.”

The Consumer Financial Protection Bureau (CFPB) has repeatedly encouraged lenders to implement eClosing technology and operational processes to make obtaining a home loan as easy as possible for borrowers.

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.

eClosings Are Picking Up Steam

Talk of the Digital Mortgage is everywhere. This is the big push for lenders looking to increase efficiency and cut cost. And vendors are stepping in to help lenders achieve this goal. For example, Visionet Systems, has released an enhanced web services integration layer for CD2UCD, a solution that converts Closing Disclosure (CD) images to Uniform Closing Dataset XML.  Visionet will be exhibiting its  solutions at the National Technology in Mortgage Banking Conference & Expo 2017, an event held by the Mortgage Bankers Association at the Hyatt Regency, Chicago from March 26 to 29.

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CD2UCD addresses situations where the data required to produce the UCD is not available, such as CDs modified at the closing table and loans acquired through correspondent or bulk channels.  The enhanced interface allows lenders, closing agents, document preparation providers and Loan Origination System (LOS) vendors to easily pass a CD document and the required GSE data fields to the CD2UCD service and receive back a fully GSE-compliant UCD.  CD2UCD also fulfills single and bulk requests via secure web portal and file transfer mechanisms.

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“We’ll be discussing our latest enhancements to the CD2UCD platform at MBA Tech 17, and highlighting the important industry problem it addresses,” said Norman Gottschalk, CTO at Visionet. “CD2UCD is the result of two years of investment, collaboration and learning, and we continue to invest in its development.  We look forward to sharing our expertise and experience with our present and future clients and colleagues, and we encourage partnerships and integrations with all industry participants.”

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Visionet’s solutions help lenders, servicers and investors stay compliant with the ever-changing regulatory environment, while staying as efficient and cost-effective as possible.  CD2UCD represents a prime example of how the application of technology can significantly boost back office productivity. Instead of spending countless hours compiling and entering the information required to produce each UCD, our solution is simple and scalable, and drastically reduces the time and resources mortgage firms spend on investor delivery.  Visionet is proud to be the first to bring such a game-changing product to market.

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.

NotaryCam’s eClose360 Tested And Approved By Fannie Mae

NotaryCam, Inc., a provider of online notary and mortgage eClosing services, is now listed on Fannie Mae’s list of eMortgage technology solution providers. Fannie Mae approved NotaryCam as a provider of both a SMARTDoc and eVault solution. Specifically, NotaryCam’s eClose360 online closing solution is now on the list of software Fannie Mae has certified and approved for use on loans it purchases from mortgage loan originators (Note: certification is for technical compliance with Fannie Mae’s eMortgage platform. Use of remote notarization capability is subject to Fannie Mae guidelines. Lenders should check with their Fannie Mae account team before utilizing remote notarization on Fannie Mae loans).

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“We are very proud to have made this important list of industry solutions for digital mortgage,” said Rick Triola, Founder and CEO of NotaryCam. “We’ve been working with portfolio lenders for some time, but now, any mortgage banker that sells its production to Fannie Mae can feel comfortable employing eClose360 and enjoy the benefits it offers them, their partners and consumers.”

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NotaryCam’s eClose360 is an online notary platform that allows mortgage closings to take place entirely online, removing all associated stress and the friction of having to attend closings physically. The technology won more attendee votes than any other digital mortgage technology in its category after its demonstration at the recent Digital Mortgage Conference in San Francisco. The company was invited to demo it again at the MBA’s Independent Mortgage Bankers conference on January 26, 2017.

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“Our research and experience indicates a growing interest and increasing number of lenders adopting eMortgages,” stated Michael Cafferky, eMortgage Product Manager, Fannie Mae. “Fannie Mae is committed to supporting customers and business partners as we move the market forward. We are very pleased to add NotaryCam to the list of approved solution providers to further expand options available to our customers to originate and deliver eMortgages to Fannie Mae.”

Fannie Mae’s eMortgage Technology Solution Provider List provides the industry with a selection of companies that offer technology solutions that enable the submission of electronic mortgages to Fannie Mae. Fannie Mae’s provisioning of the information does not indicate any endorsement of or affiliation with the listed providers, but rather includes technology providers who have conducted eNote technical compatibility testing with Fannie Mae’s eNote delivery system.

NotaryCam allows businesses and individuals to legally notarize, sign and execute documents and agreements online. The company has legally completed tens of thousands of notarizations in all 50 states and over 65 countries. Parties from anywhere in the world can connect to a live notary public in a secure virtual signing room. Identities and eSignatures are verified in a face-to-face web interaction to eClose real estate and mortgage transactions, notarize deeds, power of attorney, health directives, and more. NotaryCam was developed in lockstep with the changing needs of the GSEs to ensure that eClose360 meets all investor requirements. NotaryCam signing agents are also certified by the National Notary Association.