Does E-Closing Actually Reduce Fraud And Identity Theft?

The federal E-Sign Act (ESA), adopted in 2000, established that electronic signatures are legally valid and enforceable as part of a commercial transaction. The act created a general definition of an electronic signature as, “an electronic sound, symbol, or process attached to or logically associated with a contract or other…

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Is Your Company Prepared For E-Closings?

Since the Electronic Signatures in Global and National Commerce (E-Sign) Act became law in 2000, there’s been a lot of speculation as to when the use of e-sign and e-closing would take over as standards in the mortgage industry. At a glance, it appears that TRID compliance should have been…

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