New Solution Offers Seven-Minute Approval and Seven-Day eClosing
Releasing to the market at a critical time, Evolve Mortgage Services is the first company in the industry to create and offer a full (digital, electronic, XML) eHELOC that is fungible, sellable and transferrable to investors. What makes this offering unique is this is the first asset class outside of SMARTDoc® eNotes that MERS will accept for eRegistry and eDelivery to investors.
- Normally a HELOC was considered a non-transferrable debt instrument
- Industry first company to create a MISMO XML SMART eRecord beyond SMARTDoc eNotes to support electronic HELOC agreements
- The verifiable process (electronic date and time stamp evidence retained in our eVault) to show electronic transfer of ownership via MERS eRegistry makes it fungible creating a new secondary market for these asset classes of loans
eDISCLOSURE
SigniaDocuments creates SMARTDoc disclosures for all 50 states and all loan programs. Minutes after receiving an application, you’ll be able to post the entire initial disclosure package to a secure site for your borrower to review and eSign in a secure online environment. You’ll even get a full audit trail showing when and where disclosures were viewed and signed.
eCLOSE
SigniaDocuments supports fully digital eClosings as well as hybrid closings, in which all non-notary documents are reviewed and click-signed before closing. Investors can even be invited to the closing table to review and approve documents prior to eSigning to streamline the funding process.
eSIGN
With SigniaDocuments’ ever-expanding library of SMARTDocs, all your documents will have embedded electronic signature lines that make the signing process fast and error-free. You’ll be able to access all signing activity, including alerts and notifications. And SigniaDocuments provides a tamper-evident seal to ensure e-signature, data and document integrity.
eNOTE
SigniaDocuments isn’t just a trusted provider of SMARTDoc eNotes. It’s a pioneer.
While other providers are only now learning the technique, SigniaDocuments is the industry leader in the creation of SMARTDoc eNotes. An active participant in MISMO’s SMARTDoc Development Workgroup, SigniaDocuments was one of the first companies approved to provide eNotes to Fannie Mae and Freddie Mac. And all SigniaDocuments eNotes are MISMO Category 1 SMART Docs, which is the only acceptable format for delivery to the Agencies.
eREGISTRY
SigniaDocuments’ eRegistry services come with investor, servicer and custodial views into your loan files, as well as third-party access for pool certification. The company’s proprietary technology is also designed to meet the demands of originators of non-agency collateral, and is capable of serving non-mortgage lending assets, too.
eDELIVERY
Signia Documents provides clients access to the eDelivery function within the vault to send copies of eNotes and other electronic documents to, and receive copies from, trading partners. After delivery, all documents can be securely stored and viewed at any time in SigniaDocuments’ eVault.
Trust SigniaDocuments to deliver.
eVAULT
SigniaDocuments’ eVault provides a simple user interface to interact with electronically vaulted lending documents. All eVault services are MISMO- and GSE-certified and meet all legal, technical and compliance requirements for secure storage of electronic loan files.
eNOTARY (RON)
The company’s SMARTDoc platform seamlessly supports remote online notarizations (RONs), so your borrowers can electronically sign closing documents from the safety, convenience and comfort of their homes. SigniaDocuments also has partnerships with many top online signing rooms and RON providers, empowering you to securely and confidently close loans everywhere RONs are permitted.
