Pavaso readies for CFPB pilot program with Digital Close

Electronic Mortgage Closings Improve Homebuying: Part 1. By. this pilot program was designed to "source new information in order to evaluate the role of current solutions and potentially help.

Pavaso and its Digital Close platform have been approved by the CFPB for participation in the eClosing pilot program. "One of the prior issues with getting adoption for eClosing was providing the title and closing agents with a simple solution they could use to support their part of the closing process," said Tim Anderson, Director of eServices.

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"The new Affordable Lending Outreach Pilot Program was developed to promote the. traditional home closings were made historic by Greater Nevada’s use of the Pavaso Digital Close platform, through.

 · Pavaso also announced Michigan-based eTitle Agency Inc., a national provider of title and settlement services, will deliver digital closings with Digital Close. eTitle is now capable of conducting totally digital as well as hybrid eClosings, in which select documents, such as the Deed and Note, are printed and "wet-signed," but much of the.

CFPB Issues Final Rule Amending Regulation B;. in the Consumer Financial Protection Bureau’s eClosing pilot program.. "Digital Close from Pavaso is designed to be a neutral technology platform that seamlessly integrates with other systems. That, along with DocMagic’s eSign, eVault and.

– The CFPB eClosing Pilot of 2015. program Slide 19 Produce documents in your existing production software. Get status updates as each stakeholder prepares for closing Digitally close in any of 4 types of closing Keep customers for life with tools & other enhanced services Upload or.

Nancy G. Pratt is the Director of eStrategy for Pavaso. She is responsible for strategic planning to develop, promote and sell Digital Mortgage Solutions throughout the title agent network and lender segment of the industry. She heads up direct sales of Pavaso’s Platform and Digital Close solutions.

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