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An innovative new program called SureClose is taking the paperwork out of mortgage closings by offering electronic notarization of documents.
The program is said to function by utilizing stored digital certificates created for each closing officer, notary public, attorney or other party serving in the role of a notary officer for a transaction. The system stores each notary’s personal information, their electronic signature and their credentials so that loans can be notarized quickly and easily.
The new system is said to cut down on the time it takes to process loans and eliminate the usual stacks of paper that are involved with these sorts of transactions.
This new eNotarization program was created after Stewart Title Co., Silanis Technology and the National Notary Association joined forces to revolutionize the process of closing mortgages.
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