Pavaso readies for CFPB pilot program with Digital Close

"Digital closings are proving that secure delivery of documents prior to closing is not only convenient to our members, but extremely effective.”.

Pavaso and its Digital Close platform have been approved by the CFPB for participation in the eClosing pilot program. "One of the prior issues with getting adoption for eClosing was providing the title and closing agents with a simple solution they could use to support their part of the closing process," said Tim Anderson, Director of eServices.

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Pavaso readies for CFPB pilot program with Digital Close The eClosing pilot program is not part of a rulemaking process, but rather is designed to identify best practices in the marketplace. The eclosing pilot guidelines announced in April of 2014 can be found at eClosings. I’m glad I’m not Heloise from Good Housekeeping magazine, she gets.

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In its complaint, the CFPB claims the company, which says it services loans. In a “fact sheet” published in response, Navient denies any wrongdoing, saying close to half of all the customers use an.

Tuesday Talks: Elizabeth Warren on the Consumer Financial Protection Bureau In addition to the Digital Close(SM) and Signing Table(SM) applications used in the CFPB pilot, Pavaso has added its WebClosing(SM) solution to the platform so any computer with a browser (touch.

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Pavaso has successfully completed its first housing transactions using its Digital Close platform, the company said, taking the first steps in its application process for the CFPB’s pilot program.

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