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DS News May 2019

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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ยป VISIT US ONLINE @ DSNEWS.COM 95 a full-service direct home loan lender offering origination, funding, and home loan servicing with offices in six western states. e adoption of this technology will allow Evergreen to deliver a more integrated and seamless home closing process to its customers in Wash- ington, Nevada, California, Idaho, Oregon, Arizona, and Alaska. "e mortgage industry is rapidly evolving to keep up with the fast-paced, always-on world in which we operate, and we are excited to be at the forefront of that evolution," said Aaron King, CEO of Snapdocs. "We've focused on modernizing the home closing pro- cess by creating one platform for title agents, lenders, and buyers." Snapdocs provides its closing technology platform for lenders, title, and settlement companies and facilitates over 50,000 loan closings a month through its platform which uses advanced automation and machine learning to determine what documents can be e-signed, which need to be wet signed and, to prepare the entire package for preview prior to closing. Additionally, the platform can process packages from any document provider, as well as scanned originals. With this announcement, Evergreen Home Loans has fully adopted Snapdocs' platform, processing 100 percent of home closings using its innovative technology. "Our homebuyers' satisfaction is the driving force behind using Snapdocs on such a large scale," said Tamra Rieger, EVP, Loan Fulfillment at Evergreen Home Loans. "Snapdocs saw a challenge in the market and solved it in a way that leads to operational savings and time savings when it comes to the home closing process," Rieger said, noting that Evergreen works with over 1,000 settlement agents alone, all with their own processes. ADVERTISING INDEX Legal League 100 Spring Summit 3, 44 McMichael Taylor Gray 7 M&M Mortgage Services Inside Back Cover MReport 41, 79 National Field Representatives 13 RES.NET 19 Safegauard Inside Front Cover SWBC 13 REGIONAL - NORTHEAST Home Alliance Realty 76 1st Class Realty 76 NATIONAL American Mortgage Diversity Council 46 Auction.com 1 DS News 11, 21, 27, 67, 77, 88 Five Star Conference 38 Five Star Disaster Preparedness Symposium 89 Five Star Diversity Symposium 29, 83, 89 Five Star Government Forum 23, 63 Five Star Institute 34-35 Frenkel Lambert Weiss Weisman & Gordon LLP 25 Home Depot Back Cover Legal League 100 42-43 A household earning a median income of $47,100 will take 12.5 years to save up for a 20 percent down payment for a home in Denver according to a RealEstate.com study. KNOW THIS

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