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Flueid, Notarize partner on eClosing

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Technology
Tuesday, December 20, 2022

Flueid announced a new partnership with Notarize to make remote online notarization (RON) availability data and services accessible through the company’s Flueid Decision platform.Starting in 2023, Flueid lenders and title customers can check eClosing and eRecording availability within Flueid Decision, thanks to Notarize’s acceptance data.

This represents a first step in the collaboration, with more details regarding additional integration capabilities to be shared in the coming months, according to company leaders.

“At Notarize, customers turn to our leading RON platform to execute on key real estate transactions through a simple, secure and versatile centralized workflow,” said Pat Kinsel, founder and CEO at Notarize, in a release. “Flueid shares our vision of unlocking greater transparency, as well as time and cost efficiencies, between teams in a real estate transaction to ultimately deliver an exceptional customer experience. By unifying our capabilities and respective areas of expertise, we can unlock a simpler, smarter and secure real estate workflow that results in a faster closing.”

Notarize provides lenders and title agents with an all-in-one platform for hybrid or fully remote online closings for purchase, refinance, and home equity transactions with an aim to simplify work between the two parties.

Flueid Decision allows lenders to check title at the loan application and use data and key alerts to understand if a transaction is clear-to-close, make decisions about a loan, and set the right workflow. Then, when title is ordered, the platform helps Flueid title partners produce and deliver a title commitment that matches information provided to the lender.

“Consumers want an easy and efficient real estate transaction, in many cases closing in 10 days or less, a target that requires workflow innovation, optimization and automation to achieve,” said Peter Richter, co-founder and president at Flueid. “Both Notarize and Flueid have focused on the digitization of processes that have historically been manual and time-consuming. Together, we are helping arm our partners and ultimately, their consumers, with a seamless mortgage lending and closing experience.”

 

 

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