Posted by HrdwrkrVA on 9/18/08 1:47pm
Msg #264622

E-signing w/ 150 pages?!?!?

E-signings were supposed to be (I thought), while not completely paperless, btwn 40 - 80 % LESS paper. I did one that had 150 pages and only 5-6 electronic docs. Isn't that bass -ackwards? The only complaint (price was ok): seems like a lot of trouble to set up & log on, etc for 5 or 6 e-signatures. My reg signings are usually btwn 80 -110 pages? Whats the point?

Reply by Patricia Manatt on 9/18/08 2:52pm
Msg #264635

Holy Cow! That is truly bass-ackwards. Seems no purpose in the e-signing for that at all. The ones I've had I only had to print MTG, LPOA's, Name Affs, and Title Affs. Which company did you do it for? Mine have been thru DocPro (accessed thru Gemstone).

Reply by Linda_H/FL on 9/18/08 2:56pm
Msg #264638

Gemstone is Amtrust, is it not? n/m

Reply by Patricia Manatt on 9/18/08 3:06pm
Msg #264643

Re: Gemstone is Amtrust, is it not?

yes, it is. I was contacted by both Atlantic Signing & DocPros to perform the esignings I've been doing. Sorry for the confusion.

Reply by Ilene C. Seidel on 9/18/08 3:28pm
Msg #264646

Was it an FHA closing, they are usually larger the conventional refi's. I did a conventional refi it took longer then the regular signing cause bo felt he needed to read the stuff on the computer. Doesn't work for me.

Reply by MW/VA on 9/18/08 4:38pm
Msg #264664

E-signing is Amtrust/Gemstone. It is for the lender to move loans quickly, apparently.
One needs to decide if there is enough volume for the laptop/aircard. I've suited up, but haven't seen a lot of action. It is definitely not "paperless", and there has to be the ability to print a copy of the docs for the borrower, especially the RTC & TIL.