Find out why a top-ten mortgage lender with a proprietary loan origination system (LOS) needed to convert from a legacy document platform.
15 years ago, eClosing was simply the idea that you could deliver a note to the closing table and have someone electronically sign it. Today, eClosing is a combination of eight to ten separate activities, including the creation of 20 - 40 e-signable documentation, electronic delivery to multiple users, and adherence to all relevant rules and laws. "This is 12 - 15 years of 'we need to adopt electronic closings'," says Mike Riddle, President of AsurityDocs, "but [because of these complexities], we're slow in doing it."
Find out why a top-ten mortgage lender with a proprietary loan origination system (LOS) needed to convert from a legacy document platform.
Learn about the changes of state consumer protection and the responsibility of financial services institutions to pursue operational excellence and a culture of compliance.
Regulatory and technology experts discuss innovation, CRA reforms, and how single-close construction loans are reenergizing rural America.