Expanding the closing process in real life

I recently wrote an article advocating for an expanded closing process. Jaime Kosofsky, a friend and colleague of mine, shared his firm’s experience with eClosings, which connected the dots between the improved borrower experience argument I outlined in the piece and the “behind the scenes” benefits lenders derive from leveraging eClosings, so I thought I’d…

  • By NotaryCam

  • 26 January, 2023

A longer closing process can save time and money, Huh?

Originally published in MBA NewsLink // January 23, 2023 The validity of the statement, “you have to spend money to make money,” has been extensively debated, but most in the business world agree, at least to some extent, that the sentiment rings true. A similar principle can be applied to eClosings as you have to…

  • By NotaryCam

  • 23 January, 2023

Create a Winning Closing Experience with RON

Originally published in MBA NewsLink // November 15, 2022 In the college football rankings, both performance and the strength of schedule are important factors, but the win-loss record has the most impact on where a team ranks each week. It doesn’t matter if they were leading for most of the game and lost due to…

  • By NotaryCam

  • 15 November, 2022

Ruth Ruhl, P.C. Improves Efficiencies and Reduces Costs for Loss Mitigation Transactions with NotaryCam

Read the FULL case study    

  • By jack

  • 20 September, 2022

New York State Land Title Association (NYSLTA)

Back to the beginning! Our journey began in 1999 when we set out to build a platform to connect all parties (attorneys, real estate agents, buyers, sellers, lenders, title, etc.) and documents to close a transaction over the internet where everyone could meet in real-time and execute docs over the internet- anytime from anyplace. After…

  • By jack

  • 22 August, 2022

Servicers should take a page from an originator’s playbook

Originally published by HousingWire // July 26, 2022 The digital revolution has changed the game in mortgage lending over the last few decades, resulting in a rise in digital operations such as online applications and eClosings. While digital strategies have focused primarily on origination, mortgage servicing can take a page or two from origination’s playbook to…

  • By jack

  • 27 July, 2022

NY State of Mind

Great news – The Governor of New York, Kathy Hochul, recently signed off on remote online notarizations (RON), officially making it the 39th state to allow for their licensed notaries to perform live RON transactions. The only downside to this is I lost my bet that New York would be the last state to move…

  • By jack

  • 28 March, 2022

It’s Time for a New Definition of Equity

Originally published in MBA NewsLink // March 21, 2022 It’s not often that society as a whole collectively agrees to assign a word to describe an entire year, but that’s exactly what we did in 2020 with the word “unprecedented.” However, the mortgage industry more aptly seemed to agree to assign the word “historic” to…

  • By jack

  • 21 March, 2022

Worried About RON Storage? Stream It

Originally published in MBA NewsLink // November 21, 2021 With every new technological advancement and update, there will be early adopters, latecomers, and questions about how innovation will alter the status quo. One of the most powerful examples of this was the shift in the early 2000s in how consumers bought and listened to music….

  • By jack

  • 12 November, 2021

RON: The mortgage industry’s Field of Dreams

In August 2021, Major League Baseball made a lot of dreams come true by building a baseball field in a cornfield and then having the Yankees and White Sox play an actual game. Much like Field of Dreams, remote online notarization has seen its own “If you build it, they will come” moment begin to…

  • By jack

  • 29 October, 2021