Closepin recently launched a tool designed to assist mortgage lenders in conducting fully-digital closings, which allows lenders to search for eClosing-enabled title agents. Closepin was created by Westcor Global to perform automated compliance validation and wire instruction verification products.
“Lenders are looking for ways to offer digital closings to those customers that want them, but to do so requires an entire ecosystem of partners,” Westcor Executive Vice President Ryan Peterson said in a press release. “One of the biggest challenges has been finding closing agent partners who are equipped to manage these transactions. Closepin now solves that for lenders.”
Freddie Mac has included a link to the Closepin search tool on one of its eMortgage pages to help Sellers find eClosing-enabled closing agents.
“Freddie Mac is constantly working to find ways to innovate and improve the mortgage lending process,” Single-Family Customer Technologies Vice President Samuel E. Oliver III said in the release. “One of the many ways we do this, is by addressing barriers to eMortgage adoption in our industry. Providing access to information and resources, like Closepin’s eClosing agent search tool, helps simplify and streamline the mortgage process for both lenders and their borrowers.”