Archive for the 'MISMO' Category

'This is going to be the year for e-mortgages'

May 13th, 2010

Written by Frost Mortgage

National Mortgage News reports on the rise of ‘e-mortgages’ (subscription required), in which documents are stored and submitted electronically. The article focuses on Xerox Mortgage Services’ “e-vault” product, which “leverages industry standards and platforms, including the Mortgage Industry Maintenance Standards Organization and the MERS eRegistry, making the system agnostic to document provider or closing platform. In addition, the e-vault has undergone integration testing with Fannie Mae’s e-mortgage delivery system, offering Fannie Mae sellers a streamlined approach to delivering e-mortgages.”

A Xerox vice president is quoted as saying, “We’re big believers that this is going to be the year for e-mortgages.”

At Frost Mortgage, we’re also big believers in technology (as evidenced by our participation in social media). If you’re interested in joining us on the cutting edge, please visit our Branch Partner Opportunities page and then call us.

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