I took the training for Pavaso, an enotarization platform. A couple of quick comments. I thought the eclosing process was very awkward, especially for the borrower. The platform in every scenario required the borrowers to physically appear in front of the notary. There was no contemplation of a web cam or remote closing. Finally, the title company that asked me to take the training said that the eclosing process would be rolled out very slowly and it would not start until July at the very earliest.
The title company mentioned in this article, Westcor, does carry NOT carry as high a credit rating such as Fidelity, Old Republic, Chicago title, First American, etc. |
