For financial institutions and their borrowers, electronic signature offers a long list of valuable benefits, making the process of signing documents more secure, convenient and auditable. Yet despite this, adoption of eSignature among financial institutions has been sluggish, even as the current pandemic gives its added impetus.
eClosing, where the whole process of loan closing becomes digitized, also offers powerful benefits for both financial firms and their borrowers. Institutions can achieve significant cost savings while offering a more attractive service to their customers. The path to eClosing is complex but achievable.
Watch this webinar, as we uncover:
- Benefits and uses of eSignatures
- Legislation surrounding eSignatures
- Steps institutions need to take to achieve a fully digital mortgage closing process