Did someone say eClosing?

Our audience has shown a lot of interest in digital closings, but companies still have lots of questions about making that leap.

Was this newsletter forwarded to you? Sign up here. Good afternoon —   A recent survey by the American Land Title Association found that digital closings — which ballooned in popularity during COVID — have proven to have some staying power now that conditions have normalized. This year, 46% of title professionals said they offer digital closings, and 35% of companies offer remote online notarization to their clients.   Of course, offering RON is not possible in every state, but where it's legal, more than half of those surveyed said it decreased closing times and 43% said it reduced costs.   Our audience has shown a lot of interest in digital closings, but companies still have lots of questions about the particulars of making that leap. That's why we're hosting several upcoming webinars on the topic.   On July 21, check out this one on figuring out which loans are eligible for a digital close, sponsored by Snapdocs. On July 28, we've lined up experts for this webinar to walk you through how hybrid and RON closings can benefit borrowers, sponsored by Radian. We already hosted this one, but watch it on demand to hear stories from lenders who have switched to hybrid, eNote and RON over the last year, sponsored by DocMagic.

Hope you have a great weekend — 

 

Sarah Wheeler

HousingWire Editor in Chief

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