Accurate Group [1], a title and appraisal services firm with headquarters in Ohio, announced the launch of its new e-signature closing solution designed to help lenders streamline the loan closing process and improve the borrower experience.
According to the company's announcement, Accurate eSign combines documentation, process flows, and secure e-signature technology in a user-friendly Web-based platform.
The result is a streamlined process that meets compliance standards set by the Consumer Financial Protection Bureau (CFPB), Uniform Transaction Act, the E-Sign Act, and the Mortgage Industry Standards Maintenance Organization (MISMO).
"Our goal with Accurate eSign is to improve the borrower experience during closing and help lenders and title companies meet the CFPB requirement to provide accurate, complete documentation to borrowers at least three days before closing," said Paul Doman, president and CEO of Accurate Group. "By combining secure e-signature technology with a complete documentation package, we are streamlining the closing process for all parties."