Simplifile, a provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, has been approved by the Arkansas Secretary of State as an electronic notary (e-notary) service provider.
As a result, Simplifile users in the 23 Arkansas recording jurisdictions in Simplifile’s e-recording network will now have the ability to electronically notarize documents, thus streamlining their processes and allowing them to keep as much of the real estate transaction electronic as possible.
“E-notarization is widely recognized within the mortgage industry as one of the final keys needed to unlock the benefits of a complete digital mortgage process,” says Paul Clifford, president of Simplifile, in a release. “Now, Arkansas mortgage and settlement professionals can also utilize the full potential of Simplifile’s services to reduce instances of delayed closings due to incomplete or incorrect notarial acts and imbue the closing process with secure, trackable transparency. In addition, servicers can also take advantage of Simplifile’s e-notarization capabilities to facilitate the lien assignment and reconveyance process.”