Skip to main content

1st Security Bank Adopts New Home Mortgage Closing Program

Navi Persaud
May 13, 2021
1st Security Bank Logo

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.

May 13, 2021
More from
ICE Makes Enhancements To Its Mortgage Prepayment Model

The Intercontinental Exchange, Inc. made enhancements to its mortgage prepayment model with daily residential mortgage rates from ICE Mortgage technology.

Jul 27, 2021
Liquid Mortgage Technology Supports Efficient Debt Market

Liquid Mortgage received a U.S. patent for its distributed ledger technology to support its future vision of efficient and transparent debt markets.

Jul 22, 2021
Rocket Expands Home Search Tool To All 50 States

Rocket Homes announced its growing home search tool now includes listings from all 50 states.

Jul 21, 2021
Better's One-Click Checkout Now Offers Title Insurance For Refi's

Better announced it has been licensed as a title insurance provider for refinance transactions through Better Settlement Services (BSS) in Virginia. 

Jul 20, 2021
Fairway Independent Mortgage Uses Doma To Improve Refinance Business

Doma Intelligence platform will remove key points of friction and frustration that affect traditional mortgage closings.

Jul 16, 2021
Total Expert For Salesforce Improves Customer Engagement

Total Expert announced their integration with Salesforce to enable marketing and customer engagement on behalf of advisors, loan officers, and personal bankers. 

Jul 15, 2021