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Snapdocs, a digital closing platform, lately announced that it is building Snapdocs eVault, an answer for the secure creation, storage, and transfer of eNotes and other digital mortgage documents.
In advance of that publication, HW+ Managing Editor Brena Nath had the chance to catch up with Snapdocs Founder and CEO Aaron King at MBA Annual to speak more about eVault and what digital mortgages could appear like in three to five years.
“At Snapdocs, we are functioning backward from a future where mortgage closings are perfect,” King said. “So we understand technology as a means to an end. But really, we’re passionate about the business cases of, ‘How do you make sure that a borrower has a perfect experience?’”
In search of that experience, Snapdocs’ eVault will be straightly connected into the Snapdocs Digital Closing Platform, increasing Snapdocs’ eVault integration suite to include a natively developed option.
“For the past couple of years, we’ve been ramping quite a few of our lender customers on technology,” he said.
“In the process, we came to know that there are a lot of problems that haven’t yet been solved. So we decided to build some initial evolve technology, thinking backward from first principles backward from what the industry needs today.”
As for the future of digital mortgage fully? King said the keyword is “connected” and uplift lenders to reflect on what that means to them with regard to their digital lending processes.
Reference Source: Housingwire
