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by CareyBot

DocuSign and eOriginal this week announced a partnership that promises further progress in cutting paper from consumer loan processes. DocuSign provides electronic signatures services, while eOriginal provides electronic contracting software. The partnership aims to provide a fully electronic loan transaction, with bank notes automatically flowing into a secure electronic vault for securitization and management, the companies said. Once a loan document has been created and executed within the DocuSign system, the master record is automatically placed in a secure eOriginal vault for management of transferable assets, securities and critical source documents, according to a description of the partnership. The companies' products comply with Federal Financial Institutions Examination Counc...