Publications
eMortgage Implementation Considerations
Jul 1, 2006
Published by Electronic Banking Law and Commerce Report in July/August 2006.
Author(s): Margo H. K. Tank.
Adoption of ESIGN and UETA has made possible the widespread replacement of paper documents with electronic records and the use of electronic signatures. This article discusses the use of electronic systems in an eMortgage program and the range of issues associated with this development--including specific considerations at certain stages of the mortgage life-cycle: 1. Application; 2. Closing; 3. Custody; 4. Secondary Market Sale.
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In-depth review of news & developments in the financial services industry.
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A full listing of national & state bank regulatory agencies & industry groups.