First American Mortgage Solutions, a part of the First American family of companies, announced the launch of its eClosing solution, designed to securely deliver digital settlement for a digital mortgage. Pilot tests of the eClosing solution—which integrates technology from industry-leading providers Snapdocs and Nexsys—are underway with certain customers. The platform is part of First American Mortgage Solutions’ efforts to help lenders navigate the complicated eClosing process while also enhancing the digital mortgage experience for consumers.
First American Mortgage Solution’s eClosing solution will include a mobile-interface, consumer document preview, mobile notary digital scheduling, consumer appointment confirmation, eSignatures for hybrid eClosings and remote online notarization (RON) capabilities where approved. For RON eClosings, the solution will also manage “eVault-ready” loan documents, including fully executed eNotes, ready to support a lender’s MERS eRegistry and eVaulting workflows.
The eClosing solution and other First American Mortgage Solutions’ innovations were unveiled at the company’s hospitality suite at the Walter E. Washington Convention Center, Level 1 Room 151A. Showtimes were 8 a.m., 1 p.m. and 4 p.m. ET on Monday, October 15, as well as 8 a.m. and 1 p.m. ET on Tuesday, October 16.
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