May 18, 2010 — Settleware Secure Services, Inc., a pioneer in delivering electronic signature solutions to the mortgage and real estate industry, announced today that its e-Sign platform has been approved by Wells Fargo. Wells Fargo loan consultants and correspondent lenders may now use Settleware to process electronic paperless disclosures, drastically reducing the cost and time associated with typical paper-based ‘wet-signed’ transactions.
Thousands of Settleware e-Sign users have processed documents in real-time and, as a result, have closed more deals, collapsed the life of their transactions and confidently delivered 100% compliant disclosures. “By authorizing use of our e-Sign platform, Wells Fargo seems to have recognized that our affordable cloud computing solution will enhance the overall client experience and increase security and consumer protection measures,” said C. Richard Triola, Settleware’s President & CEO. “Wells has certainly been on the forefront of e-Mortgages and we are thrilled to meet their high standards.”
Wells Fargo e-Sign users can be up and running with Settleware in less than 24 hours.
According to a recent statement, Wells Fargo expects that “within 18 to 24 months, you will see much more eLending, eMortgage, eClosings going on, including at Wells Fargo.” In response, Triola commented, “We are now able to deliver the complete end-to-end e-Mortgage and Real Estate transaction over the Internet. As our Industry continues to ‘right itself’ our customers are well positioned to deliver the best overall experience to all their stakeholders.”
Settleware offers the first and only e-signing solution for the fully-electronic real estate and mortgage transaction, facilitating transactions from offer contract to the County Recorder and to the Secondary Investor. Settleware is certified by County Recorders, Secretaries of State, MERS e-Registry and Fannie Mae. Settleware’s affordable web based solution securely connects all parties and documents to the transaction completely over the Internet- anytime, anyplace.
For more information or to view a web demo please contact Settleware at 1.888.628.2925, or visit Settleware Secure Services, Inc.
With offices in Orange County, Calif. and Raleigh, NC, Settleware Secure Services, Inc. has been working to facilitate electronic and paperless real estate/mortgage transactions since 1999. The leading provider of e-Signatures, e-Notarization and e-Recording workflow to the Mortgage/Real Estate/Mortgage Industry, the company’s innovative workflow meets guidelines set by the E-Sign Act and UETA and supports both MISMO SMART Doc® and e-Signed PDF standards.
Settleware offers a secure signing solution that provides document tamper sealing, roles and permissions access and secure digital encryption algorithms that can authenticate the source of a digital signature as “valid” while providing one of the Industry’s first certified e-Vaults.
The company’s low-cost and patented Web-based solution seamlessly connects all parties to the real estate or mortgage transaction, is vendor neutral and is offered as an affordable Software as a Service (SaaS) subscription basis.
For more information about Settleware, visit the company’s website, Settleware Secure Services, Inc.
Media Contact: Cayce Lee, Email: – email@example.com - Phone (949) 812-2978