Carteret Title
TitlePac
Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Pavaso Partners with MBH Settlement Group for Digital Closings
press release, MBH Settlement Group
   

Pavaso will collaborate with MBH, Virginia’s largest settlement services provider, to offer digital closings. Pavaso is the developer of the industry’s only digital closing platform that brings lender, title and borrower together in one single digital portal.

MBH has been rated as the top title insurance company in the Washington, D.C. metro area for three consecutive years by the Washington Business Journal. The company has been serving clients since 1994 and boasts the largest service footprint in Virginia, with 18 offices stretching from McLean to Front Royal and Fredericksburg.

“The Pavaso platform will help MBH give the lenders and REALTORs we work with a competitive advantage with faster, more convenient and more secure closings,” said Fred Westerlund, CEO of MBH. “Our relationship with Pavaso is just the latest example of how MBH is utilizing technology to provide superior service to all of our clients across all of our markets.”

Pavaso's technology digitizes the process so that lenders can now provide a more complete loan package and reduce errors by eliminating undersigning and over signing of the closing documents leading to lower loan costs. Consumers have a transparent and convenient closing process because they (or their REALTORs or loan officers) have access to the closing documents anywhere, on any device, prior to closing. Pavaso’s Digital Close platform is capable of producing hybrid closings (part ink, part digital) as well as complete eNote and eVault transactions.

“Lenders and consumers alike are beginning to expect their service providers to offer a digital process, and not just in name,” said Mark McElroy, CEO, Pavaso. “Convenience; efficiency; ease of use...consumers now expect these things at closing. The traditional closing experience is no longer defensible. MBH joins Pavaso in the belief that there is no legitimate reason every borrower, loan officer and REALTOR cannot have a digital closing experience - even in regions where the law inhibits a totally paperless process. With a hybrid closing option, virtually every mortgage loan closing can now be (at the very least) mostly digital. More consumers are beginning to understand this. And more lenders are beginning to demand it.”

 

About Pavaso

Texas-based Pavaso is transforming the mortgage process with radically innovative digital mortgage closing technology facilitating fast, consistent, accurate and compliant closings every time. Pavaso offers a single, collaborative, secure portal promoting transparency, efficiency, consumer education and communication in a seamless format delivering value to every stakeholder involved in the transaction. For more information on how you can streamline your process and digitally transform your organization, call us at 866.288.7051 or visit www.pavaso.com.

About MBH

MBH is the largest title insurance and settlement services provider in Virginia. MBH has been rated as the top title insurance company in the Washington, D.C. metro area for three consecutive years by the Washington Business Journal. The company has been serving clients since 1994 and boasts the largest service footprint in Virginia, with 18 offices stretching from McLean to Front Royal and Fredericksburg.



to post a comment on this article: login - or - register



Redvision (DataTrace)
Directory

The Source of Title Business directory has 8611 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

Ohio Transfer on Death Designation Affidavit: Life Estate and the Remainder
Source of Title Blog
2018/09/16
0 comments

Top Consumer Watchdog Places Bureaucracy Ahead of Consumers... Literally.
Source of Title Blog
2018/04/26
0 comments

WEBINAR | Appraisers: Is Your ID at Risk? | April 25
Francesca Pascavage's Blog
2018/04/11
0 comments

NAILTA
Forums

Source of Title's Forums are the place for title industry discussions.
Recent posts in the forums:



Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2007, Source of Title.