Posted To: Pipeline Press

Sure the world noted that Sweden’s central bank hiked its rate to 0%. But in this country, Michigan is making mortgage news. First, United Shore/UWM had a record year and gave away 13 Cadillacs at its Christmas party. Then came the news that Quicken Loans became the first mortgage lender to complete the mortgage process in Michigan using Remote Online Notarization (RON). This electronic mortgage closing (eClosing) was completed using the Nexsys Clear SignSM eClosing platform from Nexsys Technologies , a Detroit-based FinTech company providing technology services for mortgage origination and closing. “In a RON eClosing, the consumer and the notary perform a mortgage closing digitally from separate locations using the internet and an audio/video connection, eliminating the need for the…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Source: Mortgage News Daily