Equity National Title Conducting eClosings Via Pavaso – NMP Skip to main content

Equity National Title Conducting eClosings Via Pavaso

Jun 30, 2017
Equity National Title has named Mike Krone Esq. as its new senior vice president, corporate development, where he will focus on corporate development, especially in his native Massachusetts market. He will also lead growth efforts for commercial real esta

Equity National Title is now able to deliver eClosings with Digital Close through Pavaso, a provider of digital closing solutions for the mortgage industry. Equity National Title can now deliver hybrid eClosings in which select documents, such as the Deed and Note, are printed and “wet-signed,” but much of the closing package is executed electronically.
“An awesome closing experience for our customers and their borrowers is our primary focus and the digital closing experience is one that more and more of our lending partners are demanding,” said Jim O’Donnell, President of Equity National Title. “Pavaso’s technology is being used by a number of our lender clients, and we’ve found that they deliver fantastic support as well as flexibility through the hybrid option when we need to close on any combination of paper and digital.”
Pavaso’s Digital Close accommodates paper, hybrid or fully digital closings. It also enables efficient online communication and collaboration between the real estate agent, lender, title/settlement agent and borrower during the entire closing process. The digital closing platform provides built-in eSign and eNotarization capabilities, allowing borrowers to sign and notaries to verify and stamp documents digitally. Although there are still some traditionally wet-signed documents, this allows the majority of the closing package to be executed more efficiently and securely.
“Each time a national provider like Equity National Title adopts an eClosing process, the digital transformation of the mortgage becomes much more widespread—even much more mainstream,” said Mark McElroy, President and Chief Executive Officer of Pavaso. “With a large title network for digital mortgages emerging, it’s really only a matter of time until eClosings are a staple for businesses.”

Jun 30, 2017
More from
Zillow Group Lays Off 55 In Texas

Layoffs related to the closing of its Zillow Offers ibuying unit.

Industry News
Jun 29, 2022
'A Tough, Horrible Day For Everybody' At FGMC

First Guaranty Mortgage Corp laid off more than 400 during online meeting.

Industry News
Jun 28, 2022
Mortgage Tech Firms Sales Boomerang, Mortgage Coach Merge

Appoint Richard Harris, a global SaaS executive, as CEO.

Jun 27, 2022
Notarize Cuts 25% Of Staff, Citing Need To ‘Evolve’

CEO of online notary service says economy, world events create ‘uncertainty’

Jun 22, 2022
New Fights Old

Active push for high-tech mortgages gets pushback from consumers

Jun 21, 2022
Blockchain, Artificial Intelligence & Machine Learning: Hype or Help?

All Three Could Contribute To Faster Digital Transformation

Jun 21, 2022