Electronic disclosures, or eDisclosures are disclosure documents that are being done without papers. It creates value by providing an entirely electronic process for delivering disclosure document.
eDisclosures revolutionizes the mortgage banking industry and save lenders, settlement agents, investors, and borrowers thousands of dollars by eliminating paper.
You might like to check out this company encomia : electronic disclosures. Their ENC3 software solution provides lenders to implement paperless mortgages within their existing processes and systems.
Their electronic mortgages (eMortgages) significantly reduce errors and processing time while increasing mortgage process efficiency. Dramatically expediting the creation and transfer of consumer mortgage loans, eMortgages automate all the previously manual work of entering data, auditing documents and delivering files.
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