Feb 10, 2009

The Green initiative in Loan Processing

In the mortgage industry, we see a rise in the acceptance of electronically signed documents. There is an initiative to implement e-mortgage which is essentially a loan document that is created electronically, executed electronically, transferred electronically and stored electronically.This initiative should be accepted by all mortgage lenders if their goal is to not just save time but the planet earth which is sinking every day due to the continuous invasion by man.

1 comment:

Unknown said...

There's a big privacy issue with electronic documents though - particularly when they get posted online.