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ESRA in Action – Important Precedents for Paperless Mortgages

Summary

Two recent court rulings have laid important groundwork for wider adoption of electronic mortgage technology that will improve customer experience for borrowers – and save lenders and servicers a bundle.

Two recent court rulings have laid important groundwork for wider adoption of electronic mortgage technology. In a recent article appearing on www.nationalmortgagenews.com, ESRA’s own Margo Tank was quoted as follows:

“The regulators in this area have been reticent,” said Margo Tank, a financial services attorney and partner with BuckleySandler LLP who specializes in electronic signatures. “The courts are going to be leaders in the electronic records and signatures space. It should give a lot of comfort to the mortgage industry.”

We’re always excited about the advancement of electronic signatures and records, and even prouder when ESRA members help promote these successes. Be sure to read the entire article right here!

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