Survey Reveals Compliance Pressure Impacting E-mortgage Initiatives

December 19, 2013

Pressure to comply with industry regulations and standards is the greatest factor impacting e-mortgage and paperless initiatives, according to Xerox's ninth annual "Path to Paperless" mortgage survey. The fourth pillar of ALTA’s "Title Insurance and Settlement Company Best Practices” addresses recording procedures to help ensure compliance with federal and state consumer financial laws as applicable to the Settlement process. Implementing e-recording can aid in the implementation and documentation of these procedures.

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