Tag Archives: eClosing

Fully digitized closings can save lenders more than $400 per loan

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Snapdocs research finds often overlooked secondary market efficiencies like reduced funding cycle time account for about 80 percent of savings. Continue reading →

First American’s PRISM platform evolving beyond title insurance

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After paymints.io deal, First American is evaluating additional third-party integrations to simplify transactions from point of sale to handing over the keys. Continue reading →

Top mortgage trends every Realtor needs to know about

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Nonbanks demonstrate their expertise in meeting consumer expectations of speed, flexibility and digital customer experience; This is something real estate agents can facilitate by embracing processes that deliver the same level of service. Continue reading →

Mortgage industry players now pooling data to promote e-closings

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MISMO and Snapdocs have teamed up to launch the ‘e-Eligibility Exchange’ with participation from major data providers including Freddie Mac and First American Corp. Continue reading →

LoanMAPS announces integrations with FormFree and DocMagic

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Integration with FormFree enables loan originators to text or email borrowers a request to electronically verify asset, income and employment data without leaving LoanMAPS, while integration with DocMagic’s Total eClose platform eliminates the need for… Continue reading →

SimpleNexus acquires LBA Ware in bid to expand lender toolset

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LBA Ware CEO Lori Brewer, who founded the company in 2008, will join SimpleNexus as executive vice president and general manager. Continue reading →

Digital closing platform Snapdocs valued at more than $1.5B

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Snapdocs has raised $150 million in a series D funding round. The platform is now used by more than 130,000 mortgage professionals a day, touching nearly 20 percent of U.S. real estate transactions. Continue reading →

Options for remote closings grow as tech companies get RON certified

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As mortgage companies go digital, 10 tech companies have joined the ranks of others preparing to amp up their eClosing capabilities in the year ahead. Continue reading →

The deal is digital: A guide to handling it online from lead to close

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The fax machine is finally put to rest. With the onset of e-closing platforms and RON, the real estate sales cycle is 100 percent online, mobile and in the cloud. Here’s a quick list of vendors for each phase of the deal. Continue reading →