The Mortgage Collaborative has announced a new partnership with
Notarize, adding them to the preferred partner network. Notarize for Mortgage is the first digital platform to enable an entirely legal and compliant online mortgage closing process. Notarize is closing mortgages online in partnership with major lenders and title underwriters/agencies–enabling borrowers to close online whenever and wherever they choose. Verified by Fannie Mae and Freddie Mac, the Notarize for Mortgage platform digitizes the entire closing process with technology to securely coordinate lenders, title companies and borrowers online. Notarize for Mortgage’s online closing platform offers borrowers a fundamentally better experience, reduces costs for lenders, accelerates the sale of loans into the secondary market and gives every constituent greater trust and visibility into the validity of mortgage documents.
“eMortgages have been top of mind for Lender Members of The Mortgage Collaborative for a few years now, as evidenced by the constant interest we receive on networking calls and breakout sessions at our member conferences when we cover the subject,” said Rich Swerbinsky, Executive Vice President of National Sales and Strategic Alliances for The Mortgage Collaborative. “The addition of Notarize provides our Lender Members a digitized eMortgage process that is entirely online, paperless and scalable, and will help move the needle on the broad adoption of eMortgage that has largely been stalled due to a need for a digital, online closing experience.”
The Mortgage Collaborative network is more than 110 lenders strong, with an aggregate annual origination volume of over $190 billion. The network caters to lenders of all sizes, with a strong mix of independent mortgage brokers and community banks and depositories.
"On the heels of launching Notarize for Mortgage, the first platform to enable a completely online mortgage closing process, we are thrilled to partner with The Mortgage Collaborative to scale online closings across the country,” said Pat Kinsel, Founder and Chief Executive Officer for Notarize. “While digitizing the mortgage closing can transform a lender's operations and offers borrowers a fundamentally better experience, the transition for lenders requires new tools and new techniques. Beyond our closing platform, Notarize specializes in helping lenders transition their operations to unlock the benefits of a truly paperless, online closing, The Mortgage Collaborative has taken a leading role in understanding and advancing new technologies and we look forward to partnering together to move the industry into the digital age.”
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