MISMO Publishes eVault Standards and SMART Doc Validation Rules

MISMO, the real estate finance industry’s standards organization, published the new eVault Standards and SMART Doc Validation Rules documents, which were created to help provide clarity and increase eVault interoperability for all parties in the transaction.

Brian D. Pannell: Paradigm Shift

Brian D. Pannell, Chief eServices Executive with DocMagic, Torrance, Calif., examines key changes the mortgage industry has seen over the past year.

Leah Sommerville and Chris Lewis: RON–The Last Mile in the eClosing Marathon

As consumers make efforts to significantly limit in-person interaction, the demand for remote online notarization eClosings, which allow borrowers to join real estate closings from the comfort of and, more importantly, safety of their homes, has increased exponentially. This begs the question: Why isn’t everyone closing every loan with RON?

Momentum Builds as 2nd FHLB Accepts eNotes

Earlier this month, the Federal Home Loan Bank of Des Moines became the first of the 11-member FHLB system to announce it would accept residential mortgage electronic promissory notes—eNotes—as collateral. Now, a second FHLB has jumped on the eNotes bandwagon.