Pavaso, the Texas-based developer of the industry’s only digital closing platform that brings lender, title and borrower together in one single digital portal, has appointed Cheryl Baillis as EVP of Operations.
Baillis brings valuable insight and leadership to Pavaso’s executive team, garnered from over 20 years’ experience in the industry. Baillis joins the team with a wealth of operational management experience with local, national, and international operations, including one of the largest national underwriters, working with the top 50 lenders in the country. Previously, Baillis held several executive management roles within the real estate industry with a concentration in title and settlement services.
“I am looking forward to sharing my years of experience in the real estate and title industry to assist with strengthening the foundation of the operations and expanding Pavaso’s services to continue bringing solutions to the mortgage industry for all parts of a transaction from contract to close,” Baillis said.
Baillis’ experience with and understanding of the real estate industry will support her leadership with Pavaso, where she will be tasked with combining increased operational efficiencies with industry-leading innovation. As eClosings and digital mortgages continue to become the norm in real estate transactions, Baillis will be asked to leverage her practical experience and knowledge to the benefit of the client as well as the consumer.
“Cheryl understands the title and mortgage industry inside and out,” Mark McElroy, CEO, Pavaso said. “She will be an outstanding fit with Pavaso as the digital closing becomes the standard for mortgage closings. Her broad understanding of the settlement industry in combination with her innovativeness, ingenuity and ability to collaborate with people at all levels make her an ideal addition as Pavaso maintains its upward growth.”
Pavaso's technology digitizes the process so that lenders can provide a more complete loan package and reduce errors by eliminating undersigning and over signing of the closing documents leading to lower loan costs. Consumers have a transparent closing process because they (or their REALTORs or loan officers) have access to the closing documents anywhere, on any device, prior to closing. Pavaso’s Digital Close platform is capable of producing hybrid closings (part ink, part digital) as well as complete eNote and eVault transactions.