05.22.23
7 Critical Considerations for Your eClose Solution
Is your eClose solution working as hard as you?
These seven critical components are essential in your eClosing platform to handle your needs today and in the future.
Is your eClose solution working as hard as you?
These seven critical components are essential in your eClosing platform to handle your needs today and in the future.
The mortgage lending industry has undergone significant transformation in recent years, with a growing trend toward the adoption of end-to-end digital processes. In this landscape, the end-to-end digital mortgage is positioned as a key driver of efficiency and cost savings – with document generation at the core. Mortgage lenders should go beyond what’s in the name and fully understand the range of benefits that a comprehensive document generation partner can offer.
Here are the latest and greatest compliance updates from our team of experts who are continually reviewing requirements for document changes and publishing real-time updates.
Here are the latest and greatest compliance updates from our team of experts who are continually reviewing requirements for document changes and publishing real-time updates.
Here’s the latest and greatest compliance updates from our team who are continually reviewing requirements for document changes and publishing real-time updates.
The November 2022 elections had unexpected results, and it is uncertain how it will affect mortgage regulations. However, lenders can prepare for compliance priorities by understanding the priorities of the Consumer Financial Protection Bureau, upcoming changes, and market conditions. This will help them maintain profitability in a challenging housing market.
As we begin 2023, it's important for financial institutions to look ahead and consider how to enhance their digital capabilities in innovative ways to address changing customer needs, values, and economic conditions. According to Gartner's top 10 strategic technology trends for 2023, one of the key themes is "Scale," with an emphasis on Industry Cloud Platforms as the building blocks for organizations to create new and differentiated digital initiatives and experiences.
The second quarter of 2022 saw several compliance news and document updates. Our compliance experts are continually reviewing requirements for document changes, and as you will see below, have found plenty since the end of the first quarter. Make sure you also take note of the New Document, Late Fee Updates and Global Mapping Updates located towards the bottom of this roundup.
While short on compliance news, the first quarter of 2022 was packed with several important document updates. Our experts are always reviewing compliance requirements for document changes, and as you will see below, have found plenty from the beginning of the year. Make sure you also take note of the Recent Article and Global Mapping updates located towards the bottom for the most thorough roundup.