A Big Step forward in reducing the friction in the real estate signing and closing process

by | Oct 14, 2021 | Financing | 0 comments

Ever been frustrated by the delay and hassles in closing your real estate transactions due to the logistics of obtaining notarized signatures? Well, ICE Mortgage Technology, part of Intercontinental Exchange, Inc recently announced the launch of Simplifile® eSign Events, a new electronic signing solution that supports unlimited eSigning of digital documents and eNotarization

ICE Mortgage Technology Launches New Electronic Signing Solution Enabling Simplified Notary Experience

Benefitting All Parties

Settlement Agents and Notaries: The standardized platform and workflow offer secure ID validation, video recording, access to the Notary’s journal, and a complete audit trail. It also offers insight into eNotary acceptance at the county level resulting in more control over the signing and closing process, including the ability to edit signature tags on the fly, resulting in faster closing and recording as well as reduced costs.

Lenders: The solution offers faster, more convenient remote eClosings making it easier for notaries and settlement agents to deliver a better borrower experience. The eSign Events platform is open to any eClose provider via APIs. eSign Events will be the RON provider for Encompass® eClose, allowing settlement agents to continue to work in Simplifile to fulfill eClosings for Encompass lenders. Encompass is the industry’s most-recognized loan origination software.

Signers and Borrowers: Simplifile eSign Events gives consumers the flexibility to electronically sign documents anywhere and participate in the scheduled notary session for witnessed

documents which speeds up the closing process

The eSign Events platform also provides support for state specific requirements, teleconferencing options eliminating the need for signers and notaries to be in the same location, and offers an extra layer of security by using Knowledge Based Authentication and Automated ID Verification.

ICE Mortgage Technology is the leading cloud-based loan origination platform provider for the mortgage industry, with solutions that enable lenders to originate more loans, lower origination costs, and reduce the time to close, all while ensuring high levels of compliance, quality and efficiency. Visit icemortgagetechnology.com

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