I watched a promotional video for remote closings. They showed the borrower( an actress) in bed wearing her pajamas. She was laughing and smiling. At first I thought it was a porn video.. But it was a video showing how "fun" closing a remote loan can be.It was embarassing. How could a reutable company produce such trash?
Pavaso can do or will be able to do to improve the efficiency of the mortgage process. They are NOT a profitable company. I just don't envision consumers demanding "We want remote closings! We want remote closings!"
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