We have three additions to our Knowledge Center for those who are interested in improving their closing process.
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Hi HousingWire readers,
If you haven't been paying attention, our editor in chief Sarah Wheeler has been dominating title and escrow coverage with her weekly ClosingTime newsletter. You can register for ClosingTime here.
In this week's newsletter, Sarah linked to a story by reporter Tim Glaze that highlights a dramatic increase in digital closings over the past year. Makes sense, right? During a pandemic, why sign in person and risk infection.
What I'm wondering is why would anyone want to go back to analog signatures once they've experienced the ease and security of signing documents from their personal computer? Shouldn't the goal be to have 100% of closings be digital?
We have three additions to our Knowledge Center for those who are interested in improving their closing process.
Having been involved in the ideation behind the webinar on loan e-eligibility, I predict that the conversation and speakers will be very enlightening on the topic of digital closings.
Join Camilla Martin, Snapdocs Head of Industry and Regulatory Affairs, and Teri Pansing, Fairway Vice President of Corporate Closing, for a conversation reviewing the five factors of determining the digitization of each loan: county land recording, counterparty requirements, title underwriter requirements, settlement readiness and eNotarization. You'll learn how these 5 R's of e-Eligibility can be applied to optimize and scale your digital mortgage closings strategy.
Join us for a half-day virtual event focused on educating consumers on important aspects of searching for and buying a house, as well as tips on how to make decisions around remodeling and refinancing. Speakers will include real estate and mortgage professionals, including Realtors and home lending professionals.
The shift from the traditional closing to fully digital eClosing transactions may seem like a lengthy and complicated process, but with options such as e-signing hybrid closings, lenders can take their first steps toward a faster, more efficient closing process.
Join HousingWire and industry experts Deb Schmitt, VP of Closing Services of Radian, Alan Frelix, CEO of The Closing Exchange, and Eric Bloomquist VP Centralized Purchases of Radian for an in-depth discussion of what hybrid and RON eClosings actually are, the challenges facing the industry, and the benefits to lenders and borrowers alike.
Even as adoption of electronic records and workflows skyrocket, the value propositions for digitized documents—security, cost effectiveness, accuracy, convenience, speed—have not carried over to custodial workflow, which remain dependent on physical files.
This white paper will outline the benefits of digitizing custodial workflows and provide a look at one possible solution for introducing automation into the process.
Digital adoption done the right way capitalizes on the advantages of digital solutions for lenders while also empowering consumers to benefit more from their financial data. But building an empowering experience for your customers doesn't happen overnight.
This guide will walk you through how you can build an empowering experience for borrowers and loan officers alike with tried-and-true digital adoption best practices. In the end, we hope you'll have a digital adoption process that has your customers and your competitors talking.
Production volumes have been steep due to low interest rates. Lenders across the industry are overwhelmed by the surge in demand and have no choice but to find ways to scale up to handle the influx of applications. Servicers are also looking for ways to scale on their end, as borrowers continue to reach out with questions about forbearance, loss mitigation and next steps.
However, the low-rate environment won't last forever, and both lenders and servicers need to be able to keep their costs down while managing volume fluctuations once things start to normalize. This white paper will explore how lenders can increase capacity, and why they should now.
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