Dark Matter Technologies has expanded the Empower loan origination system (LOS) to include eClosing capabilities by integrating Wolters Kluwer’s eOriginal ClosingCenter and eOriginal eAsset Management Platform. The integration provides a digital mortgage closing process, supporting eClosing scenarios from hybrid and in-person electronic notarization (IPEN) to remote online notarization (RON), and streamlines the process from pre-closing through secondary market delivery.
With the integration, users can manage secure document review and eSignature execution in an eClosing room. Borrowers will be able to review and sign documents ahead of time, while lenders and settlement agents can coordinate closings, whether executed remotely or in person. The solution includes access to a built-in eNotary Hub that connects users to RON and IPEN providers such as Proof, NotaryCam and EscrowTab, giving settlement agents and title partners the ability to use their preferred platform.
The eOriginal eAsset Management Platform enables Empower LOS users to create, execute, register and manage eNotes through the MERS eRegistry. It stores all executed documents in its eVault.
“This is about giving lenders a true digital edge,” Dark Matter Technologies CEO Sean Dugan said in a release. “Empower’s new eClosing integration makes it possible for lenders to reduce closing times, streamline operations and enhance the borrower experience, all while ensuring compliance and accelerating the delivery of digital assets to the secondary market.”
This combination of solutions, paired with Empower LOS’s integration with the Wolters Kluwer Expere platform for document generation, provides users with an eClosing solution that reduces cost, risk and operational friction across the mortgage lifecycle.
“We’re thrilled to deepen our collaboration with Dark Matter by integrating Wolters Kluwer’s eClosing capabilities into the Empower loan origination system,” Wolters Kluwer Financial & Corporate Compliance Vice President, Partnerships Shreya Shankar said. “Together, we are advancing the financial services industry’s transition to a fully digital future and helping lenders elevate borrower satisfaction, drive revenue growth, streamline operations and unlock new opportunities in the secondary market.”