What Ginnie Mae’s RON Announcement Means for Mortgages
There’s now an increased trust built in the digital ecosystem that allows for an extension of the convenience and flexibility provided by remote online notarization even beyond digital closings.
There’s now an increased trust built in the digital ecosystem that allows for an extension of the convenience and flexibility provided by remote online notarization even beyond digital closings.
Before Massachusetts mortgage borrowers get to use newly legalized remote online notarization, they’ll have to wait the rest of the year for state officials to create guidelines for these transactions.
Massachusetts’ mortgage industry can expect to see documents notarized virtually in the years ahead as the process known as remote online notarization becomes permanent in Massachusetts.
Mortgage lender Guaranteed Rate has partnered with Boston-based financial technology company Stavvy to offer electronic closing services for all stakeholders in the mortgage process, including title and settlement agents.
Notarize, a Boston-based technology company that offers a remote online notarization product, laid off 25 percent of its employees on Wednesday.
Industry groups want Massachusetts to join most other states in making remote online notarization not only permanent, but more advanced than the practice that became common during the pandemic.