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Home » Store » News » E-Mortgages Promise New Processing Efficiencies, Shift in Competitive Balance

E-Mortgages Promise New Processing Efficiencies, Shift in Competitive Balance

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Now that production levels in the mortgage market are expected to stay at more normal levels, the industry may be able to make faster progress toward fully electronic mortgage processing, according to a new report by the Office of Federal Housing Enterprise Oversight. The electronic mortgage – a loan processed through entirely paperless transactions that is evidenced solely by electronic records and signatures – could be accomplished through a combination of new and existing
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