The partnership will drive the development and adoption of an e-closing process that offers consumers more freedom, convenience and transparency during what has traditionally been one of the most paper intensive stages of the mortgage transaction, the companies say in a release.
“By partnering with Pavaso, Stewart continues its commitment to the enhancement and digital transformation of the closing process for consumers, while bringing efficiency and cost savings to mortgage lenders,” says Scott Gillen, senior vice president, industry relations for Stewart.
Gillen reports that Stewart is accelerating its national program to inform and educate real estate and mortgage industry professionals on the benefits of e-closings, which are increasingly being offered by the nationwide network of Stewart Trusted Providers.
“Consumers across the country need an easier, better way to close on their homes, and we’re thrilled to partner with a progressive industry leader such as Stewart to make that happen,” says Dan McGrew, chief operating officer for Pavaso, in a statement. “From the moment we started working with Stewart’s digital transformation team, it was clear that this partnership could benefit the consumer, the Real Estate Agent, the lender – basically all parties to the transaction.”