Gathering around a table to close a mortgage may soon be a thing of the past, thanks to the integration of e-signature, e-notarization and video technology.
Our EVP Pem Guerry was recently interviewed by MortgageOrb for an expert Q&A on video’s future in the mortgage industry.
He told MortgageOrb:
“Doing business immediately and remotely has tremendous benefits in reducing costs and delays while increasing customer convenience. For certain types of transactions, such as those with a need for notarization, video is essential for remote execution. It virtually connects a notary public to individuals who need notarizations anywhere in the world. And further, Virginia law requires both audio and video recordings of remote e-notarizations. We expect video to become increasingly common.”
You can read the entire article by downloading a free PDF here.
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