Items Tagged with 'eclosing'

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Mid America buys eNote from North Carolina's first eClosing

eClosing to be regular option for lenders
North Carolina performed its first-ever eClosing back in May, marking the first transaction that was a full eClosing. Plus, according to state officials, it won’t be the last. Taking it one step further, Mid America Mortgage announced it purchased the eNote, ensuring the mortgage has an investor.
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North Carolina officially completes first-ever eClosing

North State Bank plans to make eClosing new standard in state
North Carolina passed a major milestone in the housing finance industry this month, performing its first ever eClosing. With the help of North State Bank, North Carolina hopes to make 100% electronic mortgage closings the new standard. This is major news for a state that is known to have a more stringent eNotary law.
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From HW Magazine

2017 HW Tech100 Winner: Pavaso

Application set streamlines and digitizes the closing process
Pavaso's platform streamlines and digitizes the closing process, and eliminates redundancies between business partners.
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International Document Services goes eMortgage with Encomia acquisition

Vendor provides eClosing, eVault, eSignature and eValidation services
International Document Services, a provider of mortgage documents and compliance services, is expanding its electronic mortgage options and going full eMortgage with the acquisition of Encomia, a provider of eMortgage solutions to depository and non-depository lending institutions.
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Mid America Mortgage to correspondent lenders: We'll buy your eNotes

Recent survey showed dearth of willing investors in digital mortgages
A recent survey conducted by Fannie Mae and Freddie Mac showed that one of the obstacles preventing the mortgage industry from going fully digital is a lack of investors willing to buy digitally created mortgages. But now, there’s one more investor willing to buy a digital mortgage note.
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Industry throws wet blanket on the digital mortgage revolution

GSE survey results show reality of mortgage business
Over the last few years, publications just like this one spilled a significant amount of ink on the digital mortgage revolution — that is the effort to take the cumbersome, paper-intensive mortgage process online. Innovations like Quicken Loans’ Rocket Mortgage show the mortgage industry is undergoing a technological shift, but just how many hurdles still need to be cleared before the industry can go fully digital? Quite a few, as it turns out.
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