As a WA State Notary whose biggest source of income as a notary I have notarized quite a few mortgages and refinances for people. However, there is excitement building for those who are in the mortgage business as they are moving more and more toward electronic closing instead of tons and tons of paperwork! I have seen the amount of paperwork that is printed for each and every mortgage that is signed...it is a lot....and then it all has to be stored somewhere. It makes so much more sense to move this type of business into the electronic storage field. Can you imagine how much easier it will be for mortgage lenders and those consumers (that is US) who use an electronic closing? No worries about standards being met and kept...many of today's leading companies have been working on maintaining standards for quite a few years now....they are not about to come out with such great technology that would end up hurting consumers!
This post is sponsored by encomia.com
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