Movement Mortgage introduces EasySign electronic closing
FORT MILL, S.C. — Movement Mortgage, a top 10 national retail mortgage lender, has enhanced its digital mortgage experience with the addition of EasySign, a new capability empowering borrowers to sign most loan documentation electronically before closing.
EasySign gives Movement's borrowers more time and transparency by inviting them to electronically sign most loan documents prior to their scheduled closing from the convenience of home on a tablet, laptop or desktop computer.
"EasySign delivers a simple, convenient, transparent and secure closing experience for our customers," says Movement Chief Operating Officer John Third. "This is one more step in our journey to provide the best digital mortgage experience for borrowers, real estate agents and loan officers."
With EasySign, the number of documents at official closing appointments is drastically reduced. EasySign participants in trial programs on average saw the number of physical signatures required at closing reduced by 75 percent or more, depending on product type and location. EasySign includes electronic signatures for all feasible documentation allowed by law. In most cases, state and local regulations require a limited number of documents to be signed in-person by the borrower.
EasySign is powered by Docutech Solex eClose, a dynamic document generation engine, which Movement uses to create secure, accurate, data-driven electronic documents, which are then automatically and electronically delivered to the borrower to review and electronically sign.
EasySign launched in September as a pilot in select markets. It will roll out across Movement's nationwide footprint by the end of 2018.
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About Movement Mortgage
Movement Mortgage exists to love and value people by leading a Movement of Change in its industry, corporate culture and communities. Movement funded approximately $13 billion in residential mortgages in 2017 and is the seventh-largest retail mortgage lender in the U.S. Movement is best known for its innovative mortgage process and referable experience, which begins with Upfront Underwriting and a seven-day loan processing goal. The company employs more than 4,000 people, has more than 750 branches in the U.S. and is licensed in 49 states. Its nonprofit organization, the Movement Foundation, has reinvested approximately $40 million in communities to date. For more information, visit www.movement.com.
