1st Security Bank Adopts New Home Mortgage Closing Program – NMP Skip to main content

1st Security Bank Adopts New Home Mortgage Closing Program

May 13, 2021
1st Security Bank Logo
Director of Events

1st Security Bank adopted a new Hybrid/eNote program to increase the efficiency of its mortgage closing process while decreasing its environmental impact, according to a press release.

The platform enables home mortgage clients to sign most of their closing documents from any location with web access, resulting in a faster, more secure process overall, according to the company. The Bank estimates an annual savings of over 140,000 pages of paper.

"The Hybrid/eNote process is a significant improvement over traditional paper closing documents and notes," says Donn Costa, executive vice president, Home Lending at 1st Security Bank. "We are anticipating a nearly 100% paperless closing process in the near future, which will benefit our customers and the planet."

1st Security Bank of Washington, member FDIC and Equal Housing Lender, provides loan and deposit services to customers at its twenty-one branches, and mortgage services at each branch as well as lending offices in the greater Puget Sound area and the Tri-Cities. FS Bancorp, Inc., a Washington corporation, is the holding company for the bank.

About the author
Director of Events
Navi Persaud is Director of Events at NMP.
Published
May 13, 2021
More from
Tech
Morningstar Adds AI Access To CMBS And CRE Analytics Platform

New capability lets users query commercial real estate and securitized credit data using natural-language prompts

Jun 05, 2026
ICE Joins Anthropic Cybersecurity Initiative

The parent company of Encompass, MERS, and Simplifile is deploying Anthropic's Claude Mythos AI model to identify software vulnerabilities across its technology platforms

Jun 04, 2026
LoanCare Launches Embedded Servicing Platform

New private-label solution integrates mortgage servicing functions directly into lender and bank digital channels

Jun 03, 2026
MortgageCoach Brings AI-Powered Borrower Advice Directly Into Encompass

Enhanced TrustEngine integration automates loan comparisons, surfaces borrower insights, and embeds presentation tools inside the LOS

Jun 02, 2026
Rocket Pro Launches $100K Broker Tech Pitch Contest

The winning idea will be built into a Rocket Pro technology product and unveiled at RPX in Detroit

Jun 02, 2026
Finastra Launches Analytics Platform To Help Lenders Reduce Mortgage Application Fallout

New benchmarking tool helps lenders identify where borrowers abandon applications and how their conversion rates compare with peers

Jun 01, 2026