Join us on LinkedIn Follow us on Twitter Like us on Facebook
 
  OCTOBER RESEARCH STORE Already a subscriber? LOG IN
AddControlToContainer_DynamicNavigation6

Snapdocs introduces new eMortgage quick start program

Add This Email A Friend Printer Friendly Version
0 comments
Industry Spotlight
Thursday, October 14, 2021
Snapdocs, Inc. has announced a new offering called the Snapdocs eMortgage Quickstart Program designed to empower lenders and give them the ability to more readily adopt eMortgages. The solution provides turnkey technology combined with expert eMortgage implementation and change management support, the company announced.

Additionally, the company stated Freddie Mac will be working with Snapdocs to promote eMortgage adoption and help lenders with their digital implementation and delivery efforts.  

“Freddie Mac is a leader in eMortgage,” Snapdocs Head of Industry and Regulatory Affairs Camelia Martin said in a release. “They’ve paved the way for industry adoption through forward-thinking digital closing acceptance policies and support for lenders. We look forward to building upon Freddie Mac’s investments in eMortgage adoption by expanding access to the technology and resources lenders need to successfully digitize their closings.”

The eMortgage Quickstart Program offers tools such as

  • The technology necessary to generate, store, manage and transfer eMortgages that is agnostic to lenders’ existing point-of-sale systems, loan origination systems or doc prep providers.
  • An eMortgage implementation framework combined with expert professional services to enable lenders to not only implement but operationalize and scale their use of eMortgages.
  • Streamlined implementation processes between counterparties to reduce complexity and facilitate eMortgage approval and onboarding process.
  • An e-Eligibility engine to help lenders determine precisely how digital each closing can be.
  • A forum to discuss the latest eMortgage developments and share best practices with other program participants.

“In today’s competitive landscape, our lender clients are focused on innovative and efficient technologies that can extend value and reduce time and costs while improving customer experience,” Sam Oliver, Freddie Mac Single-Family vice president, product delivery said.

“We are excited about our partnership with Snapdocs and we look forward to working with them and our clients to continue the industry’s journey towards a true digital mortgage.”

Snapdocs stated it has begun to identify initial lenders and additional partners to participate in the program, including servicers, subservicers, and warehouse lenders that support the use of eMortgages.

Today's other top stories
LexisNexis looks at the true cost of fraud in mortgage origination
White House announces plan to ease housing costs
SEC’s Gensler prepared to police crypto trading
Guild Mortgage helps homebuyers make all-cash offers
Forbearance falls below 1 percent


COMMENT BOX DISCLAIMER:
October Research is not responsible for the comments posted on its websites by readers. We will do our best to remove comments that include profanity or personal attacks or other inappropriate comments.
Comments:

Be the first to leave a comment.

Leave your comment
CAPTCHA Validation
CAPTCHA
Code:
: 
: 
Your Email is for reporting purposes only. It will NOT be displayed.
Popularity:
This article has been viewed 1148 times.

Monthly Newsletter

Dodd Frank Update July 2022

Cover Story:

The Fed prepares for more rate hikes while warning of housing bubble


Tweets from @DoddFrankUpdate/lists/industry-news
News by Topic   News by Edition   News by Agency   News by Industry   Special Reports   Webinars
Banking
Case Law
Consumer Protection
Financial Stability
Industry Spotlight
Legislation
Nonbank Financial
The TRID Journey
 
Dodd Frank Update March 2022
Dodd Frank Update April 2022
Dodd Frank Update May 2022
Dodd Frank Update July 2022
Archives
 
CFPB NCUA
CFTC OCC
FDIC OFR
FHFA SEC
FRB States
FSOC Treasury
FTC  
 
Appraisal
Broker-Dealer
Community Banks & Credit Unions
Investment Adviser
Land Title
Mortgage
Mining and Manufacturing
Payday Lending
 
Forbearance Has Ended, Now What?
2022 State of the Industry
Mortgage Technology
Real Estate Compliance Outlook
Optimizing AI and Blockchain for the Future
Archives
 
Utilizing Tech for RESPA Compliance
Collaborating on eClosings
Economic Forecast Series
Industry and Regulatory Outlook
Archives

Library   About   Subscribe   Store
The Dodd-Frank Act Position Papers
Dodd-Frank Summary & History Legislation
Court Actions Regulations
Enforcement Documents Reports, Studies and Surveys
Guidance Documents Federal Register Notices
White Papers  
 
Dodd Frank Update
Contact / Editors
Advertise
Social Media
Are You An Expert?
Subscriber Agreement
 
Subscriptions
Free Email Updates
Try a Free Edition
 
NS3 The Summit
Other Newsletters
The Title Report
The Legal Description
Valuation Review
RESPA News
Copyright © 2011-2022 Dodd Frank Update
An October Research, LLC publication
3046 Brecksville Road, Suite D, Richfield, OH 44286
(330) 659-6101, All Rights Reserved
www.doddfrankupdate.com | Privacy Policy
VISIT OUR OTHER WEBSITES
> The Legal Description
> RESPA News
> The Title Report
> Valuation Review
> The October Store


Loading... Loading...
Featuring:
  • Delivery 3X a week plus breaking news as it happens
  • Comprehensive title insurance industry news
  • Recent acquisitions, mergers, real estate stats
  • Exclusive in-depth coverage of the industry's hottest stories
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Comprehensive Dodd-Frank coverage
  • The latest information from the CFPB
  • Full coverage of Congressional hearings
  • Updates on all agency actions
  • Analysis of controversial provisions
  • Release of newest studies and reports
Sign up today and...
  • Be one of the first to know where NS3 is being held
  • Learn about NS3 speakers and sessions
  • Save on registration with Super-Early Bird rates
  • Discover the networking opportunities NS3 offers
  • Find out if CE credits will be offered for your area
  • And much more
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Preview the latest RESPAnews.com Top Story
  • RESPA related headline news
  • Quote of the Week
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Legal, regulatory and legislative information impacting the settlement services industry
  • News from HUD, Congress, state legislatures and other regulatory agencies
  • Follow the lobbying efforts of all the major national real estate services organizations.
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • The industry's only full-time newsroom
  • Relevant, up-to-date appraisal industry news
  • Covering the hottest stories and industry trends
NEWS BY TOPIC
EDITION
AGENCY
INDUSTRY
SPECIAL REPORTS
WEBINARS
LIBRARY
EMAIL UPDATES
ABOUT
SUBSCRIBE
Banking
Case Law
Consumer Protection
Financial Stability
Industry Spotlight
Legislation
Nonbank Financial
The TRID Journey
CFPB
CFTC
FDIC
FHFA
FRB
FSOC
NCUA
OCC
OFR
SEC
States
Treasury
Appraisal
Broker-Dealer
Community Banks & Credit Unions
Land Title
Mortgage
Payday Lending
Best Practices
Forbearance
2022 State of the Industry
2021 Mortgage Technology
Real Estate Compliance Outlook
Archives
Move to ANSI Standards
Tech for RESPA Compliance
Collaborating on eClosings
2022 Economic Forecast Series
Industry and Regulatory Outlook
Complying with the New CFPB
Evolving Lender Relationships
RESPA Section 9
Getting to Know Your Regulators
Webinar Archives
Executive Interview Series
eClosing Solutions Showcase
Lender Associations
The Dodd-Frank Act
Dodd-Frank Summary
Court Actions
Enforcement Documents
Guidance Documents
White Papers
Position Papers
Legislation
Regulations
Reports, Studies and Surveys
Federal Register Notices
Proposals
Final Rules
GAO
Agency
Contact Us
Advertise
Social Media
Are You An Expert?
Subscriber Agreement