TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/1398400
8 | M R EP O RT MTECH In addition to digitizing the home purchase process for homebuyers, the Evolve platform is a collabora- tive system that can be utilized to complete other types of property transactions, including loss mitiga- tion. "RONs took off during the pandemic and are likely to per- manently become the preferred method of notarizing documents when buying or selling a home," Evolve Mortgage Services CEO Paul Anselmo said. "Adding this piece of the puzzle is key to com- pleting our vision of an entirely electronic lending process from disclosures to closing and delivery all under one platform as opposed to multiple integrations." E-Notary Seal has a platform designed for public notaries that enables mortgage lenders and title insurance companies to take advantage of online notary services to close loans. It empowers users to quickly obtain a remote online notarization (RON) in all 50 states and provides a simple and innova- tive way to securely sign, nota- rize, and send documents within minutes. The acquisition enables Evolve to provide closings for title and mortgage companies through a single, end-to-end digital process. E-Notary Seal was founded in 2019 by Felicia Grimes, a notary public who developed a better way to provide online notariza- tions. As part of the acquisi- tion, Grimes has joined Evolve Mortgage Services as VP of the company's eMortgage Division. "I already knew Evolve Mortgage Services as one of the top mortgage outsourcing organi- zations," Grimes said. "Paul and I regularly discussed the short- comings of eClosings, and those conversations inspired me to create E-Notary Seal in 2019. So, the acquisition was an extension of our ongoing relationship." Home Search in the Palm of Your Hand BESTLENDERSFOR.COM LAUNCHES TO ASSIST HOMEBUYERS B estLendersFor.com has been launched, providing real-time rankings and mortgage rates to consumers nationwide. Through its own research, conversations with each lender, a review of each lender's consumer reviews, and plugging into each lender's daily offered rates in real- time, BestLendersFor.com serves as a one-stop place to save time and money when it comes to trying to search and decide which lender to go with for their mortgage, purchase, or refinance needs. "With the world moving at such a pace, and conditions changing daily, we at BestLendersFor.com aim to help the consumer by do- ing all of the research for them on the best lenders for mortgages, and soon, other financial verticals," said Tyler Ferguson, BestLendersFor. com's Head of Marketing. "Countless hours go into ranking the top lenders on our platform, in order to bring the most up to date, real data along with real time mortgage rates to any consumer that visits BestLendersFor.com." As a digital provider, the platform is also helping appli- cants maintain social distancing. Consumers will be able to use BestLendersFor.com as a contact- free service without leaving the comfort and safety of their homes. "Countless hours go into ranking the top lenders on our platform, in order to bring the most up to date, real data along with real time mortgage rates to any consumer that visits BestLendersFor. com."