Electronic Mortgage Closings Improve Homebuying: Part 2

Law360, New York (August 11, 2017, 12:46 PM EDT) -- In the first part of this article, we shared an overview of electronic mortgage closings and the work the Consumer Financial Protection Bureau has done on this front to date. Here, in the second and final part of the article, we reflect on the compliance risks associated with increased e-closing adoption as well as the hurdles and uncertainties that would need to be addressed before a fully electronic mortgage closing process could become a sustainable solution and see widespread industry adoption.

Potential Barriers to Adoption and...
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