Traditionally, closing on a mortgage or home equity loan requires coordinating a lot of people, paperwork and signatures to happen at the same time and place. For both borrowers and lenders, this can be a source of frustration. Typically, the average time to close a home loan is approximately 50 days and involves disparate technologies, people... Read more
We spent three amazing days at this year’s CBA LIVE in Las Vegas discussing "What's NEXT" in challenges, trends and innovations impacting home equity lending. Two of the most complex issues examined during the conference facing home equity lenders today are appraisal bias and fraud protection.
Helping to Mitigate Appraisal BiasConcerns of how to appropriately combat appraisal... Read more
As states ease shelter-in-place restrictions, many consumers remain wary of in-person transactions, even with the safety protocols businesses have implemented. Offering digital signing and closing solutions with Remote On-line Notarization (RON) is the answer to preserve consumer satisfaction and resume revenue growth – now and in the future.
1. Senate Bill 3533RON is on track to become... Read more
Part 1 of 3-Part NotaryWorks™ Blog Series Online closings are becoming the norm as lenders look for ways to innovate old processes and leverage technology to deliver greater value to their borrowers. NotaryWorks offers lenders a complete e-closing solution to accelerate loan closings and improve the borrower experience. With NotaryWorks you get the best of both worlds... Read more