Many of the industry’s efficiency experts have long argued that a digital mortgage can save all parties time and money. In the past, however, there were too many downstream issues that blocked the process from full-scale adoption. But with shelter in place, safer at home and social distancing all coming into play, the pandemic has led to a renewed push to get a completely digital mortgage as the new way to close all your loans.
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Chris Lewis: 3 Steps You Should Take Now to Get Ready for RON
Many of the industry’s efficiency experts have long argued that a digital mortgage can save all parties time and money. In the past, however, there were too many downstream issues that blocked the process from full-scale adoption. But with shelter in place, safer at home and social distancing all coming into play, the pandemic has led to a renewed push to get a completely digital mortgage as the new way to close all your loans.
Chris Lewis: 3 Steps You Should Take Now to Get Ready for RON
Many of the industry’s efficiency experts have long argued that a digital mortgage can save all parties time and money. In the past, however, there were too many downstream issues that blocked the process from full-scale adoption. But with shelter in place, safer at home and social distancing all coming into play, the pandemic has led to a renewed push to get a completely digital mortgage as the new way to close all your loans.
Chris Lewis: 3 Steps You Should Take Now to Get Ready for RON
Many of the industry’s efficiency experts have long argued that a digital mortgage can save all parties time and money. In the past, however, there were too many downstream issues that blocked the process from full-scale adoption. But with shelter in place, safer at home and social distancing all coming into play, the pandemic has led to a renewed push to get a completely digital mortgage as the new way to close all your loans.
Industry Briefs July 22, 2020
Quicken Loans, Detroit, along with Amrock, its electronic closing provider, completed a Remote Online Notarization mortgage closing North Carolina, reportedly the first in the state.
Industry Briefs June 16, 2020
To help limited English proficiency borrowers who are experiencing mortgage-related difficulties due to the coronavirus national emergency, the Federal Housing Finance Agency added new translations to the Mortgage Translations website. Site visitors can now choose English, Spanish, traditional Chinese, Vietnamese, Korean, or Tagalog when accessing scripts that servicers use when discussing COVID-19 forbearance with borrowers.
Industry Briefs June 3, 2020
The Federal Housing Finance Agency released its latest report on the sale of non-performing loans by Fannie Mae and Freddie Mac. The report shows that, through December 31, 2019, the Enterprises sold 126,757 NPLs with a total unpaid principal balance of $23.8 billion.
Improving the Loan Process With eNotes: A Game Changer for Risk Reduction, Processing Speed and Overall Efficiency
Paper promissory notes have long been the mortgage industry standard. But should they be? The electronic equivalent, eNotes, are quickly rising in popularity; over 124,000 were filed in 2019, a huge jump from the 18,000 filed in 2018 and 5,000 in 2017. It’s not hard to see why they’re so in demand —eNotes are faster, cheaper and more secure.
Improving the Loan Process With eNotes: A Game Changer for Risk Reduction, Processing Speed and Overall Efficiency
Paper promissory notes have long been the mortgage industry standard. But should they be? The electronic equivalent, eNotes, are quickly rising in popularity; over 124,000 were filed in 2019, a huge jump from the 18,000 filed in 2018 and 5,000 in 2017. It’s not hard to see why they’re so in demand —eNotes are faster, cheaper and more secure.
Improving the Loan Process With eNotes: A Game Changer for Risk Reduction, Processing Speed and Overall Efficiency
Paper promissory notes have long been the mortgage industry standard. But should they be? The electronic equivalent, eNotes, are quickly rising in popularity; over 124,000 were filed in 2019, a huge jump from the 18,000 filed in 2018 and 5,000 in 2017. It’s not hard to see why they’re so in demand —eNotes are faster, cheaper and more secure.