eNotarization Delivers Essential Element for Paperless Mortgage Closings – Solution Powered by Silanis, Stewart, Interlink Electronics and the National Notary Association

Silanis, the market leader in automating business approval processes, announced today that it is working with Stewart Title and the National Notary Association (NNA) to deliver the first implementation of eNotarization capabilities for paperless mortgage closings at a title office. The three organizations are working together to incorporate the NNA Enjoa® signing tablet into Stewarts eClosingRoom, a key part of their SureClose® platform, providing another essential component for paperless mortgage closings. Stewart Title is a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC).

Electronic notarization standards and technologies such as Enjoa®, an electronic Notary journal designed by notary experts at the NNA and built by Interlink Electronics, will revolutionize the traditional Notary process and support the electronic closing process. Enjoa® allows Notaries to securely capture and store a borrowers signature, thumbprint and photograph, satisfying all applicable state notary recordkeeping laws and leaving no doubt regarding the identity of the signer. Enjoa® also functions as a signature tablet that allows borrowers to sign electronic documents in Stewarts eClosingRoom.

Posted via email from Title Insurance
Continuing Ed for Title Agents

Respa Round Up

The U.S. Department of Housing and Urban Development (HUD) on July 20, 2010 posted additional guidance on its website regarding the new Real Estate Settlement Procedures Act (RESPA) rule in a document entitled “RESPA Roundup.” HUD notes that the document is the first edition of the RESPA Roundup and that the agency will periodically issue further editions “to enhance communications with consumers and industry stakeholders by providing information on RESPA topics chosen specifically to address the most pressing issues.”    

http://www.hud.gov/offices/hsg/ramh/res/roundupjuly.pdf

Posted via email from Title Insurance
Continuing Ed for Title Agents

Respa Round Up

The U.S. Department of Housing and Urban Development (HUD) on July 20, 2010 posted additional guidance on its website regarding the new Real Estate Settlement Procedures Act (RESPA) rule in a document entitled “RESPA Roundup.” HUD notes that the document is the first edition of the RESPA Roundup and that the agency will periodically issue further editions “to enhance communications with consumers and industry stakeholders by providing information on RESPA topics chosen specifically to address the most pressing issues.”    

http://www.hud.gov/offices/hsg/ramh/res/roundupjuly.pdf

Posted via email from Title Insurance
Continuing Ed for Title Agents