Digital signatures revolutionize real estate loan process

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

While "time is of the essence" often is a critical phrase in real estate transactions, it takes on different connotations for seniors and consumers with disabilities. Some seniors simply cannot get up and race down to the local escrow office and sign on the dotted line. Often, trips take considerable preparation and a series of events that can swallow an entire afternoon. And, completing needed documents is not always about speed – it's about the effort needed to physically sign each and every article needed for the package. That's another reason why title companies and other document originators are so eager about new electronic products on the market that will reduce time, effort and cost to the consumer. Darren Ross, director of electronic commerce for Stewart Information Services Corp., was instrumental in implementing an electronic notary system for paperless mortgage closings. The electronic notary component is just one part of eClosingRoom, a Web-based paperless closi...