TheMReport

MReport April 2019

TheMReport — News and strategies for the evolving mortgage marketplace.

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TH E M R EP O RT | 5 MTECH and real estate property and sales data; McDash loan-level and his- torical mortgage data; automated valuation models; and home price indices. RAP has a vast analytics library that enables users to solve many challenges specific to the mortgage, real estate, and capital markets industries. Additional data sets and analytics are con- tinuously added. Nevada e-Records with Simplifile NEVADA HAS BECOME THE NINTH STATE IN THE SIMPLIFILE NETWORK TO IMPLEMENT E- RECORDING STATEWIDE. U tah-headquartered Sim- plifile, a provider of real estate document collabora- tion and recording technologies for lenders, settlement agents, and counties announced that Mineral County in Nevada has adopted its e-Recording service. With this addition, Nevada has become the ninth state in the Simplifile net- work to implement e-Recording across the state. "Simplifile welcomes Nevada to the growing roster of states that have embraced e-Recording throughout all of their recording jurisdictions," said Paul Clifford, President, Simplifile. "While e-Re- cording is available in most major metropolitan areas, jurisdictions of all sizes can benefit tremendously from the efficiency and cost- savings e-Recording provides. We commend Nevada's commitment to improving document recording services through technology and hope this can serve as an example to jurisdictions throughout the nation." In 2007, Carson City County became the first Nevada county to join Simplifile's e-Recording network. With the addition of Mineral County, all 17 Nevada counties now e-record with Simplifile. Using Simplifile's e-Recording platform, recording offices throughout the state are able to electronically receive, stamp, record and return documents within min- utes, which reduces documentation and processing errors. Settlement agents can also submit recording fees and other recording-related expenses directly through the Simplifile system, thus eliminating check-writing expenses. More than 1,887 jurisdic- tions nationwide e-record with Simplifile, making it the largest e-Recording network in the U.S. Nevada joins Alaska, Arizona, Colorado, Delaware, Hawaii, Iowa, Massachusetts, and Oregon in offering e-Recording statewide through Simplifile. The company was founded in 2000 to connect settlement agents and county recorders via its e-Recording service. Today, Simplifile has broadened its services to include collaboration tools and post-closing visibility for mortgage lenders and settlement agents working together on real estate documents. Ellie Mae Launches AllRegs Online ENABLING LENDERS TO MAKE LOANS KNOWING THEY MEET THE LATEST STATUTES AND INVESTOR REQUIREMENTS. E llie Mae, a cloud-based platform provider for the mortgage finance industry, announced the release of AllRegs Online, which includes an up- dated and modernized interface, new features, compatibility with tablets, and more, all designed

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