TheMReport

MReport September 2017

TheMReport — News and strategies for the evolving mortgage marketplace.

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6 | TH E M R EP O RT MTECH tion, an automated fee solution that delivers real-time closing cost data from more than 20,000 individual service providers. With this move, Springboard will now be able to expedite Loan Estimate and Closing Disclosure production through its integration with ClosingCorp and Ellie Mae's mortgage man- agement solution, Encompass. "As a not-for-profit lender, our mission is to bridge the wealth gap in America by providing scaled solutions and access to capital for underserved communi- ties," said Gabe Del Rio, President, Springboard CDFI. "Working with ClosingCorp's Smart Fees brings us best-in-class accuracy and efficiency, while providing a completely transparent closing process for our partners and borrowers." "We are excited about our asso- ciation with Springboard and the important role it plays in financ- ing homeownership for aspiring first-time homebuyers," said Bob Jennings, CEO of ClosingCorp. "We continue to be dedicated to providing solutions that help automate the residential real estate transaction process, while helping our lender clients improve cycle times, increase efficiencies, and remain compliant at all times." Simplifile Adds 21 Jurisdictions to eRecording Network REGIONS THROUGHOUT TEXAS, LOUISIANA, GEORGIA, AND NORTH CAROLINA JOIN THE LIST. S implifile has extended its industry-leading eRecording network to include 21 additional recording jurisdictions across the southern United States. "eRecording is becoming the preferred way to do business as more settlement professionals and recording jurisdictions recognize its abundant time- and cost-saving benefits," said Paul Clifford, President of Simplifile. "With the addition of these 21 new counties and parishes, Simplifile continues our efforts to expand the availability of e-recording in the South and nationwide for the benefit of consumers, lenders, settlement agents, and counties." The new jurisdictions are Columbia, Jackson, and Pope counties, Arkansas; Camden, Fulton, Glascock, Jasper, Oglethorpe, Tift, and Wayne counties, Georgia; Iberville, St. Charles, St. Martin, St. Tammany, Tangipahoa Parish, West Baton Rouge, and West Feliciana parishes, Louisiana; Swain County, North Carolina; Calhoun County, Texas; and Roanoke and Suffolk, Virginia. Settlement agents in these jurisdictions can now electronically submit documents directly to the county recording office via Simplifile's secure eRecording service. Within minutes, county recorders can review, stamp, record, and return documents electronically through the Simplifile system. The secure platform also reduces errors and eliminates check-writing costs by allowing settlement agents to electronically pay recording fees and other associated expenses. Throughout the U.S., more than 1,629 county recording offices now electronically record deeds, mortgages, and other documents using Simplifile. PARTNERSHIP Collaborative process Expansion capability Accountability PROTECTION Professional workmanship Return on investment Timely performance TRANSPARENCY Accessible property data 24/7 Streamlined communications Knowledge & integrity The Right Tools The Right Solution Every Time Renovate | Rehab | Repair sgfcontracting.com SGF Contracting Services partners with our clients to ensure the highest quality property repair, renovation, rehab and maintenance services for their real estate assets. (417) 730-9777

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