October 29, 2008 - One of the most urgent challenges facing lenders today is processing loan modifications.  Lenders need to act quickly to stabilize mortgage delinquencies, reduce foreclosures, and assist their at-risk borrowers.

Electronic Signing can provide you with a web-based tool to streamline your loan modification process – for your institution and your borrower’s ease and convenience.   Electronic Signing can be as simple as 4 easy steps:

• Lender uploads modification documents to First American ELS
• Secure, encrypted email is sent to borrowers
• Modification  documents are reviewed and approved by the borrower, electronically at any time, day or night
• Lender is notified when documents have been reviewed and signed.  Signed and date-stamped lender copies are available through e-Vault

Electronic Signing can be rapidly deployed in days, not months – and your borrowers can execute their new loan documents in minutes.  Electronic Signing is web-based with no IT resources or expensive software to purchase.  Batch processing is easily accommodated. Click on the Locate My Sales Rep icon to contact us today for a demonstration.