It's Complicated: The Truth About eClosing

July 10, 2018
AsurityDocs President, Mike Riddle, explains the obstacles and the evolution of eClosing adoption.

Insights on eClosing

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."

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