Thursday, July 13, 2006

E-Signatures

It's been a while since I last posted, but it has been a very busy time.

Just wanted to inform concerning this issue. As the world embraces paperless mortgage transactions, real estate, settlement services and mortgage origination companies face the decision of utilizing e-signatures versus the traditional "pen and paper" signature. It's a bit scary, but what a blessing! Transactions can be completed by fax or now by e-mail. And money is easily E-transferred from one institution to another for closings, etc. So complete transactions may take place without anybody ever visiting a realty office or a title company or an attorney's office! The time saved is enormous.

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