Closepin has launched what it called a first-of-its-kind tool which assists mortgage lenders in their efforts to conduct fully digital closings.
The company said the tool empowers lenders to search for eClosing-enabled title agents.
“Lenders are looking for ways to offer digital closings to those customers that want them, but to do so requires an entire ecosystem of partners,” Westcor Global Executive Vice President Ryan Peterson said in a release. “One of the biggest challenges has been finding closing agent partners who are equipped to manage these transactions. Closepin now solves that for lenders.”
Freddie Mac has included a link to the Closepin search tool on one of its eMortgage pages.
“Freddie Mac is constantly working to find ways to innovate and improve the mortgage lending process,” Freddie Mac Vice President Samuel Oliver III said. “One of the many ways we do this is by addressing barriers to eMortgage adoption in our industry. Providing access to information and resources, like Closepin’s eClosing agent search tool, helps simplify and streamline the mortgage process for both lenders and their borrowers.”