First American Launches E-closing Solution

October 23, 2018

First American Mortgage Solutions LLC recently announced the launch of its e-closing solution to securely deliver a digital settlement for digital mortgages. Pilot tests of the e-closing solution, which integrates technology from Snapdocs and Nexsys are underway with key customers. The platform is part of First American’s efforts to help lenders manage the e-closing process, while enhancing the digital mortgage experience for consumers.

“We’re committed to protecting the integrity of real estate transactions, whether they are closed with wet ink or an eSignature. Our e-closing solution will enhance the consumer experience and increase efficiency, while reducing risk and operational errors,” said Kevin Wall, president of First American Mortgage Solutions. “It is designed to help lenders accelerate the adoption of digital mortgage, while providing both lenders and consumers confidence that the digital settlement process is facilitated by one of the industry’s leading title and settlement providers.”

The solution includes a mobile-friendly interface, consumer document preview, mobile notary digital scheduling, consumer appointment confirmation, e-signatures for hybrid e-closings and remote online notarization (RON) capabilities where approved for fully digital closings. For RON e-closings, the solution will also manage “eVault-ready” loan documents, including fully executed eNotes, ready to support a lender’s MERS eRegistry and eVaulting workflows. 

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