Let Valuation Tech Help Improve Your Collateral Valuation

Join this webinar to learn how technological advancements in valuation provide solutions to help lenders and servicers deliver more comprehensive offerings to their clients.

Talking proptech with FinLedger Director Holden Page

In this episode, Page discusses the hottest topics coming across FinLedger’s news desk. Topics include: the online banking market, what’s happening in the proptech space and recent private market deals.

With a reinvigorated CFPB, what’s next for the NYDFS?

While the CFPB is reinvigorated under the Biden administration, there’s plenty of room for it to retake a leading role and coordinate with the NYDFS.

Does your CRM hurt or help the customer experience?

In real estate, data is king. The more you leverage your own data the better off your agents or loan officers will be because they’ll be able to identify, target and create better customer experiences.

AwardsMagazine

2019 HW Vanguard: Aaron King

Snapdocs Founder and CEO

Snapdocs Founder and CEO

Aaron King, a 20-year veteran of the mortgage industry, has led Snapdocs since he founded the company in 2013. Earlier in his career, King used his knowledge as a notary signing agent to launch a nationwide notary signing service. 

Eventually, that experience led King to found Snapdocs, which launched with a mobile notary scheduling product that automated the search and coordination of a mobile notary for settlement companies.

In the convening years, King and Snapdocs have worked to ease the mortgage closing process, incorporating more lenders, settlement companies, and even borrowers into the process.

Then, in 2018, Snapdocs expanded its offerings with the launch of a digital closing product for lenders. By utilizing Snapdocs offering, the company’s clients are able to do thousands of hybrid closings.

According to the company, lenders who use Snapdocs typically see more than 80% of their hybrid closings successfully eSigned. The lenders are also able to shorten the closing process by two days and reduce the closing appointment to just 15 minutes.

Snapdocs has seen tremendous growth in the last year. Over 5% of all U.S. real estate transactions currently take place via Snapdocs’ digital closing platform.  

Snapdocs’ revenue has also increased by 90%. 

Beyond that, the company’s workforce has nearly doubled in size within the last year, growing to more than 90 people. Snapdocs also expanded outside of the San Francisco Bay Area for the first time, opening a new office in Denver, Colorado in September 2019.

What’s the best advice you’ve ever received?

“There’s tremendous power in being a great listener. Most people are decent at listening, but hyper-effective leaders continuously hone this skill. They become adept at quickly getting to the core of the thoughts, beliefs, and observations of those around them.”

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3d rendering of a row of luxury townhouses along a street

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