On July 25, 2000, the first paperless real estate transaction took place in Broward County in Florida. That transaction involved a home purchase and financing and took less than five minutes to record. Immediately, recorded documents were returned to the…
Read MoreEmergency orders and guidance issued by states on RON do not necessarily conform with the ALTA-MBA model or RULONA standards for consumer protections and anti-fraud safeguards. 48 states and the District of Columbia have either passed a RON law or…
Read MoreTotal Texas housing sales continued to fall in May, but the decline slowed to a 2.1 percent monthly decrease. Nonetheless, the inventory of homes for sale fell to a record low of 3.2 months, possibly due to owners pulling their…
Read MoreIt’s important to distinguish between eNotarization and remote notarization. While they sound similar, there’s a key difference. The first allows documents to be signed and notarized digitally BUT requires the signer to be present in the same room as the…
Read MoreWith the industry ramping up their use of remote online notarization, emergency video notarization and remote ink-signed notarization for security instruments, the natural question is when will we see new legal authority to make it easier to electronically sign mortgage notes? The…
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