Friday, April 6, 2012

Electronic Loan Documents To Borrowers

I've seen more than one notary signing agent boast that instead of printing copies of the loan documents for the borrowers, they provide the borrowers with an electronic copy (disk or zip drive) instead.  They do this WITHOUT permission from the lender or title company.  Well, at least one title company is saying "no way."

 When receiving closing documents electronically from ServiceLink, you must print and provide a paper copy to the borrower at settlement, no exceptions.  Providing electronic copies of documents is not permitted under any circumstances.

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