Evolve Mortgage Services and Pavaso Partner on Remote Closing Solution

Mar 26, 2020

Evolve Mortgage Services and Pavaso have announced the ability to deliver a digital mortgage experience that includes a full library of electronic- or e-enabled documents built entirely of Category One SMARTDocs and an eClosing platform that seamlessly supports Remote Online Notarization (RON). Pavaso's RON-compliant solution allows borrowers to be virtually anywhere in the world to electronically sign closing documents, which can be eRecorded in counties where applicable.

"With COVID-19 reshaping how borrowers interact with the mortgage industry, mortgage lenders need to provide borrowers with a low-contact closing experience to limit physical interactions and exposure," said Paul Anselmo, chief executive officer of Evolve Mortgage Services. "Fortunately, the long-standing relationship between Evolve Mortgage Services—with its doc engine SigniaDocuments—and Pavaso delivers the answer the industry seeks."

The integrated solution delivers an online, paperless initial eDisclosure and eClosing experience that can be directly implemented by mortgage lenders and title agents. Or, it can be outsourced to an established relationship with a signing agency. The combined solution allows borrowers to electronically execute all of their mortgage loan documents from the safety and comfort of their homes. State-certified eNotaries can remotely acknowledge consumers' signatures via Pavaso's RON, and lenders can securely and confidently close their mortgage loans.

"I'm confident that the relationship between Evolve and Pavaso will go a long way towards ensuring timely mortgage closings for the benefit of lenders and borrowers alike," Anselmo said.

About the author

NationalMortgageProfessional.com

Link copied

Published

Mar 26, 2020

Analysis and Data

Homeowners Insurance A Growing Concern in Florida and California

Majority of Fla. and Calif. survey respondents have been affected by insurance woes or live in an area that has, Redfin says

Insurance is at the top of mind for homebuyers and homeowners in Florida and California, which have become epicenters of the nationwide housing insurance crisis. Rising homeowners insurance premiums and changes in coverage are so commonplace now that nearly three-quarter...

Analysis and Data

California Home Sales Decline In March, Despite Increased Listings

The California Association of Realtors reports that the median home price rose 7.7% year-over-year.

After just last month announcing the resiliency of California home sales in February despite rising interest rates, figures released today by the California Association of Realtors (CAR) show sales volume in the state slipped in March as median home prices hit a seven-month ...