Industry News

E-sign service to secure online real estate deals

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Wave Systems and A la mode have partnered to offer a service for securely managing real estate and mortgage transactions online through the use of e-signatures and other digital-signing products. Under the agreement, A la mode will offer legally-binding and standards-compliant digital signing capability from Wave to all its real estate agents, mortgage brokers and appraisers using A la mode's XSites network. The software will be distributed to the entire network with the digital-signing toolkit and e-signature included. Financial terms of the agreement were not disclosed. Use of digital signatures aims to speed up the mortgage and home-buying process, as well as cut overall business costs through the elimination of document transportation, processing and closing delays. A la mode will use Wave's eSign Transaction Management Suite, which enables organizations to manage business processes and transactions entirely online, without the need for ink signatures and paper storage, overnig...