Technology

Nationwide adoption of online notarization just took a big step forward

Nation’s secretaries of state adopt regulatory standards
One of the main things standing in the way of a fully digital mortgage in many states is the requirement for a notary to witness the signing of the mortgage closing documents. Currently, only four states allow online notarization, but it appears that the push to take online notarization nationwide is about to take a huge step forward.
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UWM launches virtual eClosings for purchases in 16 states

Expects it will be how all closings are done in near future
United Wholesale Mortgage announced it is expanding its virtual eClosings to borrowers in 16 states, and making the option available to purchase borrowers. The company explained its virtual eClosing is available in 16 states now and it expects this will be the way all closings are done in the near future.
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ATTOM Data Solutions acquires Onboard Informatics

Onboard’s neighborhood data will be integrated into the ATTOM Data Warehouse
Data provider ATTOM Data Solutions has acquired Onboard Informatics, a neighborhood data and data-enabled turnkey product provider. Onboard’s neighborhood-focused data will be integrated into ATTOM’s Data Warehouse and the new, combined data will be available through ATTOM’s delivery solutions, including its bulk file licenses, APIs and customized reports.
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Mobile digital mortgage platform StreamLoan raises $2 million in seed capital

Company founded in 2015
StreamLoan, a tech company that provides a mobile-focused digital mortgage platform, announced this week that it raised $2 million in seed capital to fund its growth. According to the company, its seed round investors included Acorn Pacific Ventures, Whitespace Capital, Steve Weston, the former CEO of Barclays Mortgage Bank, and Rajiv Krishnarao, the director of finance at Uber.
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Built Technologies integrates with Black Knight to revolutionize construction lending

Digital documents increase modernization and transparency
Built Technologies continues to seek to revolutionize the construction industry with its new integration with Black Knight’s LoanSphere platform for digital construction loans. Built explained that with its integration with Black Knight, any construction loan can be digitally managed throughout the loan life cycle – from origination through servicing.
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Ginger Wilcox joins Capsilon as SVP of marketing

Former Sindeo exec tapped to lead marketing, brand positioning and growth
End-to-end digital mortgage solution provider Capsilon announced that Ginger Wilcox, formerly of startup Sindeo, is joining the company as the senior vice president of marketing, where she will lead marketing, brand positioning and growth for the company.
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Real estate and fintech solution CertifID raises $1.7M in seed round financing

Initial round led by Wakestream Ventures
Authentication software provider CertifID announced it has raised $1.7 million in its seed round of financing, led by Wakestream Ventures. The company was founded in 2017 by the owners and founders of Sun Title, and entrepreneur Tyler Adams, after Sun Title fell victim to a social engineering fraud scheme that cost the company almost $200,000.
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Fannie Mae approves Day 1 Certainty for Blend’s end-to-end digital mortgage platform

Blend becomes first end-to-end platform to be approved for asset verification
Fannie Mae approved its first end-to-end digital mortgage platform for its Day 1 Certainty on Tuesday. Blend, a Silicon Valley technology company propelling the consumer lending industry into the digital age, announced it became the first end-to-end platform to be approved to provide asset verification reports for Fannie’s Desktop Underwriter.
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FirstClose and CRIF Lending Solutions debut new API

New API creates interface enabling lenders to process home equity loans from single software solution
A new API from FirstClose and CRIF Lending Solutions enables lenders to process home equity loans from a single software solution. With one press of a button, lenders now can launch FirstClose's web interface directly from CRIF's ACTion solution.
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