No pen needed: The digital future of real estate closings

No pen needed: The digital future of real estate closings

Every other cost in my life has actually gone digital, however the most significant purchase I’ve ever made needed numerous signatures and several handwritten checks delivered face to face. The very first signs of digitization of the mortgage origination procedure were seen in mid-2010 when lenders began adopting digital disclosures. Regardless of the schedule of technology, the market has actually been slower to fully accept digital closings that enable the full loan bundle to be digitally examined, taped, signed and notarized. A true e-closing includes a digital promissory note (“eNote”), a virtual closing appointment and the electronic transfer and recording of files by the county, all of which can be remotely coordinated and executed by the parties involved. …

API startups are so hot right now

API startups are so hot right now

Hello and invite back to our routine morning look at private business, public markets and the gray area in between. A cluster of associated business just recently captured our eye by raising capital in rapid-fire style. TechCrunch covered a few of them, and I check out protection of others. Looking back through my notes and the media […] -based startups are hot right now. What’s enjoyable about this pattern is that the start-ups we’re considering are all fairly early-stage, so they aren’t limping unicorns looking down a closed IPO window. Rather, we’re taking a peek at start-ups that mainly haven’t raised product external capital–. Sure, I don’t completely grok their underlying tech– that’s a bit of the point with API start-ups; they take something complex and use it in an easy-to-consume fashion– but I do get how they make cash. …