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Online Closings – A Guide for Mortgage Lenders & Title Agents

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Online Closings – A Guide for Mortgage Lenders & Title Agents

Lending Real Estate By Caren Karris / October 26, 2017
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Let’s face it – when it comes to real estate transactions, borrowers want their money ASAP – and going to an office to sign documents is seen as an inconvenience. With online notarization, this problem may be solved.

Today, online notarization is only allowed and insurable in a limited number of states where the law recognizes the lien of the security instrument as valid and enforceable with priority. However, we see this trend growing quickly due to consumer demand for convenience and lender interest in efficiency.

Lenders and title companies should proceed carefully in states that allow online or remote eNotarization while also considering how tools and technology can enhance the closing experience for clients and customers to make business better.

Publisher: Stewart Title Guaranty Company
Date: October 2017

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Caren Karris

As Director of Marketing, Caren Karris spearheads HW Media’s overall marketing strategy. Whether you’re looking for information on HousingWire products and events or just a snarky comment, Caren’s your girl. A Chicagoland native, Caren holds degrees from the University of Illinois and Northwestern University and has been a proud member of the HW Media team since 2017.

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