First American Mortgage Solutions introduces eClosing tool

The offering integrates technology from Snapdocs and Nexsys

First American Mortgage Solutions introduces eClosing tool

First American Mortgage Solutions has rolled out an eClosing offering integrating technology from providers Snapdocs and Nexsys.

The company’s offering will include a mobile-friendly interface, consumer document preview, mobile notary digital scheduling, consumer appointment confirmation, eSignatures for hybrid eClosings, and remote online notarization (RON) capabilities where approved for fully digital eClosings.

For RON eClosings, the tool will also manage “eVault-ready” loan documents, including fully executed eNotes, ready to support a lender’s MERS eRegistry and eVaulting workflows.

First American Mortgage Solutions is currently pilot testing of the product with key customers.

“We’re committed to protecting the integrity of real estate transactions, whether they are closed with wet ink or an eSignature. Our eClosing solution will enhance the consumer experience and increase efficiency, while reducing risk and operational errors,” First American Mortgage Solutions President Kevin Wall said. “It is designed to help lenders accelerate the adoption of digital mortgage, while providing both lenders and consumers confidence that the digital settlement process is facilitated by one of the industry’s leading title and settlement providers.”

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