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PENNSYLVANIA
ValuAmerica and Pavaso Announce Partnership
ValuAmerica, a national provider of appraisal, title, closing
and settlement services located in Pittsburgh, announced a
partnership with Pavaso, Inc. a provider of digital closing
solutions for the mortgage industry, to implement Digital
CloseSM. e partnership will allow customers of both
companies to implement digital closings into their workflow to
perform hybrid eClosings.
According to Pavaso, the Digital Close technology also
provides built-in eSign and eNotarization capabilities, which
allows borrowers to sign and notaries to verify and stamp
documents digitally.
e digital closing platform will accommodate paper,
hybrid and fully digital closings, and will also facilitate online
communication and collaboration among the real estate agent,
lender, title/settlement agent, and borrower during the closing
process. Digital Close will also streamline the closing process
by providing a central digital location to receive and deliver
documents.
Shawn P. Murphy, EVP of ValuAmerica, said, "Our
main goal in adopting Digital CloseSM was to enhance the
experience, accuracy and consistency of each of our closings. is
technology provides us with comprehensive process management
and standardization throughout the entire transaction, even
when documents need to be wet-signed at closing."