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DS News May 2017

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 79 79 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."

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