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Wells Fargo approves Settleware e-Sign platform

NationalMortgageProfessional.com
May 18, 2010

Settleware Secure Services Inc., a leader in delivering electronic signature solutions to the mortgage and real estate industry, announced today that its e-Sign platform has been approved by Wells Fargo. Wells Fargo loan consultants and correspondent lenders may now use Settleware to process electronic paperless disclosures, drastically reducing the cost and time associated with typical paper-based ‘wet-signed’ transactions. Thousands of Settleware e-Sign users have processed documents in real-time and, as a result, have closed more deals, collapsed the life of their transactions and confidently delivered 100 percent compliant disclosures. “By authorizing use of our e-Sign platform, Wells Fargo seems to have recognized that our affordable cloud computing solution will enhance the overall client experience and increase security and consumer protection measures,” said C. Richard Triola, Settleware’s president and chief executive officer. “Wells has certainly been on the forefront of e-Mortgages and we are thrilled to meet their high standards.” According to a recent statement, Wells Fargo expects that "within 18 to 24 months, you will see much more eLending, eMortgage, eClosings going on, including at Wells Fargo.” In response, Triola said, “We are now able to deliver the complete end-to-end e-Mortgage and Real Estate transaction over the Internet. As our Industry continues to ‘right itself’ our customers are well positioned to deliver the best overall experience to all their stakeholders.” Settleware offers the first and only e-signing solution for the fully-electronic real estate and mortgage transaction, facilitating transactions from offer contract to the County Recorder and to the Secondary Investor. Settleware is certified by County Recorders, Secretaries of State, MERS e-Registry and Fannie Mae. Settleware’s affordable web based solution securely connects all parties and documents to the transaction completely over the Internet- anytime, anyplace. For more information, visit www.settleware.com.
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