
Who Will Drive the Adoption of eClosing Technology?
This post originally appeared on Qualia Point of sale (POS) technology—the shiny object for lenders in 2016—has become somewhat commoditized. Today, eClosing solutions are the
Post-closing documentation, or the collection of trailing documents, is one of the final steps for the borrower. Documents include (but are not limited to):
• Deeds of trust
• Title policies/addendums
• Private mortgage insurance policies
• Homeowner insurance/hazard insurance policies
• Closing disclosures
• Mortgage insurance certifications from FHA
For Mortgage Professionals
Lenders selling loans on the secondary market must complete this step and fulfill investor obligations in order to complete the transaction.
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