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AtClose Extends Platform With E-Closing Capabilities
Visionet Systems Inc. has announced the addition of e-closing capabilities to its AtClose Title, Settlement and Appraisal platform. The new e-closing functionality is being included in AtClose as a seamless, secure and fully-compliant module.
E-signatures simplify the closing process for lenders, settlement providers, and borrowers. Executed documents flow back into AtClose effortlessly, reducing the need for paper documents and giving parties additional time to review each loan package. AtClose allows agents to selectively enable e-closing for specific lenders or geographic areas to meet local recording requirements and individual lender or investor needs. AtClose gives settlement agents complete control over which documents will be pushed for e-signatures, and when they should be made available to the respective individual(s).
“The biggest advantages that AtClose offers settlement agents are a significant reduction in notary fees and the elimination of post-closing errors,” said Arshad Masood, Chief Executive Officer of Visionet Systems. “Our sophisticated platform saves them the time and trouble involved in re-doing the signing process. With the CFPB and other regulatory bodies encouraging e-closing, it is time for Title & Settlement firms to begin closing all loans electronically."
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