MISMO Updates eMortgage Closing Guide and eMortgage Glossary
Business processes and technologies are fast evolving to enable the industry to move towards supporting a fully digital mortgage. Updates to the eMortgage Closing Guide and eMortgage Glossary were necessary to reflect current industry usage and best practices related to eMortgages and hybrid electronic closings. Additional updates were made to reflect best practices in areas such as remote online notarization, electronic notarization, eRecording, eNotes and electronic warehouse transactions. The eMortgage Glossary was also updated to reflect the new secured party and delegatee structures that are now part of the MERS ...read more here!