The mortgage servicer can initially issue up to 1,000 eNotes and manage digital collateral for other Ginnie Mae issuers
Tagged: Digital Closing
Updated SMART Doc guidance signals the industry's focus has shifted from adopting eMortgages to standardizing digital closings at scale
New Candidate Recommendation white paper offers a roadmap for eClosing adoption, highlighting faster liquidity, fewer post-closing defects, and operational savings
New in-person electronic notarization (IPEN) option strengthens the company’s eNotary offering, while supporting diverse borrower and settlement agent preferences
90% of homebuyers want their lender to walk them through 'every aspect of' borrowing process,' J.D. Power tells NMP
New research that shows lenders using its eClosing platform are 18 days faster than industry peers.
The company's founder said he's going "back to my startup roots".
The new platform claims to be a one-stop digital solution for mortgage banks, drawing parallels to Amazon's AWS in its potential to streamline and standardize mortgage processing technology.
PRMI has seen a four-day reduction in dwell time for mortgages closed as eNotes, leading to a savings of more than $250 per loan.