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

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

Snapdocs integrations with Byte, BeSmartee will automate closings

American Bancshares is among the first lenders to make the most of the new integration with BeSmartee to provide digital closing documents and collect eSignatures. Continue reading

Borrower surveys pinpoint closings as problem area for lenders

Investments lenders have made to streamline the application process seem to be paying off, but surveys show borrowers are still tripped up by document collection and closings. Continue reading

Mortgage lenders use tech and local ties to grow national footprints

Atlanta-based direct mortgage lender Silverton Mortgage, a Snapdocs client, has added new branches in the Carolinas, Arkansas and Missouri over the past year. Continue reading

Mortgage industry players now pooling data to promote e-closings

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

Digital closing platform Snapdocs valued at more than $1.5B

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