Thursday, August 16, 2007

Electronic Closing

Ah finally a post opportunity that is about mortgage. I have been a big advocate of paperless submission in the mortgage industries. I like it's effientcy. I trust it more then the fax. It is scarry to see faxed papers flying around in a copy room with very private and security risks involve. With the latest technology. I don't see why this isn't possible. Well to tell you the truth, a lot of the hassle and cliches of the computer problem still has to be worked out. I've tested the system for three years now. only a few company does a good job in this department. As users of the process, people must train themselves to new ways of interacting with the technology. many of the promise of stream line is still in some infancy stage. Electronic closing is the latest in line of this methodolgy.

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