It's not easy going green.
Baltimore, MD (PRWEB) March 7, 2008
"It's not easy going green." Delving deeper into the technical issues of implementing electronic mortgage processes, eOriginal CTO and COO Bryan Caporlette will moderate as he and several other industry leaders explain in detail how originators can save time, money and the environment by making pre-closing, closing and post-closing processes completely paperless.
Caporlette will be joined by Sharon Matthews, President and CEO of eLynx, mortgage industry consultant Roger Gudobba, and John London, Director of Sales and Business Development at Interlink Electronics, Inc.
Adoption of paperless business practices are on the rise in the mortgage industry as lenders look to increase efficiencies and margins and lower costs with fewer resources and smaller budgets. Relief from the burden of generating sometimes hundreds of pieces of paper for a single transaction is found in the elimination of paper where possible within the lenders business process. This panel will reveal the technological solutions needed to do just that, with additional focus on paper-to-paperless eMortgage workflow, and document retention and risk mitigation.
For example, many electronically originated loan documents are still output to paper to be signed, and then scanned back into an imaging system for future management. Attendees of this panel will discover how to "bridge that gap" and maintain a completely electronic process from origination through signature, to vaulting, management and sale or payoff. Particular attention will be paid to how electronic assets are kept legally compliant, enforceable and negotiable.
eOriginal Inc.'s technology and solutions enable lenders and investors to eliminate paper while legally protecting their assets as electronic mortgage documents are managed and transitioned throughout their lifecycle. eOriginal eCore® technology and processes create electronic finance documents that are tamper-evident, legally enforceable, admissible and negotiable. eOriginal solutions are compliant with ESIGN and UETA, and support the MERS registry. eOriginal® technology has managed approximately 500,000 electronic contracts representing over $10 Billion in originations, with over $2 Billion pooled and securitized. For more information about how to turn eOriginal's experience into your advantage, visit http://www.eoriginal.com or call us at 410-895-7699.