A look at Biden’s first week in office

This episode reviews last week’s inauguration of President Joe Biden, examining which housing issues the new administration has already taken action on.

Mortgage Tech Demo Day

Tune in to our live Virtual Demo Day on February 2nd to experience demos from the most innovative loan origination and valuation tech companies in the industry.

If consumers aren’t holding lenders back, then who or what is?

The challenge for lenders and investors is understanding how to meet borrowers where they are without layering on risk or getting bogged down in third-party intermediation.

HomeBridge’s Brian White on diversity at a practical level

HomeBridge's Brian “Woody” White discusses ways to increase diversity within the housing finance industry.


Simplifile becomes 5th authorized eNotary in Arkansas

Pushes complete digital mortgage process one step further

Simplifile, a provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, announced it just became the fifth authorized electronic notary in Arkansas.

Arkansas Secretary of State Mark Martin authorized Simplifile, allowing users in the state’s 23 recording jurisdictions to have access to eNotarized documents. This allows clients to streamline their processes and keep as much of the real estate transaction electronic as possible.

“eNotarization is widely recognized within the mortgage industry as one of the final keys needed to unlock the benefits of a complete digital mortgage process,” Simplifile President Paul Clifford said.

“Now, Arkansas mortgage and settlement professionals can also utilize the full potential of Simplifile’s services to reduce instances of delayed closings due to incomplete or incorrect notarial acts and imbue the closing process with secure, trackable transparency,” Clifford said. “In addition, servicers can also take advantage of Simplifile’s eNotarization capabilities to facilitate the lien assignment and reconveyance process.”

Arkansas began allowing eNotarization back in 2013, but in the five years since then, Simplifile is just the fifth company to be authorized by the state in eNotary services. The announcement comes six months after the Arkansas state legislature enacted the Electronic Notary Public Act, which amends previous state laws governing the provisions under which the Arkansas secretary of state may regulate and approve vendors for eNotary services.

“The addition of Simplifile highlights the growing electronic notary initiative in Arkansas and the acceptance of a more progressive manner of performing notarization,” Martin said. “It’s a system we believe is more secure and ultimately provides a faster, more efficient process for the notaries, homebuyers, and companies that utilize it.”

Last year, Arkansas announced Pavaso as an eNotary, adding its name to list of approved eNotary solutions providers in the state, including DocVerifyWorld Wide Notary, and Corporation Service Company.

While e-mortgages are making strides in the housing industry, eClosings are still rare, mostly due to state restrictions surrounding eNotaries. However, that is slowly beginning to change.

Most Popular Articles

Zillow: Expect another record year for home sales

Zillow predicts 6.82 million existing home sales in 2021, the most recorded in a single calendar year since 2005 and a 21.1% increase from 2020.

Jan 25, 2021 By

Latest Articles

The Fed plots a slow, stable path on mortgage rates

The FOMC left future economic policies virtually unchanged at its Wednesday meeting, indicating plans that short-term mortgage rates will stay low for years to come.

Jan 27, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please