An Insider’s Look Into How Secondary Marketing Evaluates LOs

In this webinar we’ll explore the long-term financial impacts of renegotiations, extensions and fallouts, plus basic guidelines to be viewed as a professional by your secondary marketing department

HousingWire Annual Virtual Summit

Sessions from HousingWire Annual 2021 are going to be virtually streamed on October 25. Register now for FREE to tune into what housing industry leaders had to say this year!

How Freddie Mac is addressing affordable housing challenges

Freddie Mac is focused on addressing limited access to credit, housing inequalities, creation and preservation of affordable housing supply and advancement of homeownership education.

A NAR board member tells (almost) all

For this week’s Houses in Motion, a miniseries that is part of HousingWire Daily, we spoke with Lisa Dunn about the pressing issues in real estate, including disclosure of agent commission.

FintechMortgage

Iowa signs law to enable eClosings for mortgages

State to now allow eNotary

Iowa became the latest state to enable fully digital closings for mortgage transactions Monday with the passage of its new eNotary law.

Monday, Iowa Governor Kim Reynolds signed SF 475, an act providing for notarial acts, including by providing for the use of electronic media, providing penalties, and including effective date provisions.

The first photo above shows Reynolds signing the bill. In her lap she holds LenderClose Chief Operating Officer Benjamin Rempe’s daughter, who he promised could attend the signing if the bill was passed.

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Iowa signing

“My daughters held me accountable to getting this done because I promised them they could attend the bill signing,” Remp [pictured far right in second photo] said. “What an amazing moment to share with them.”

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.

As electronic notarization provider Notarize noted recently, Iowa becomes the 10th state to pass a remote online notarization bill this year, bringing the nationwide total of states that allow its notaries to perform notarizations nationwide to 18. 

Now, Iowa has joined the growing list of states that now allow for remote notarization.

“We moved Iowa forward today,” LenderClose Founder and CEO Omar Jordan [pictured far left in second photo] said. “Not just LenderClose.”

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