Home > In the news > Advancing eMortgages: Fannie says Going ‘paperless’ could save $1 billion annually

Advancing eMortgages: Fannie says Going ‘paperless’ could save $1 billion annually

Why are we still using Paper?

papers

For many years we have extolled the virtues of a complete electronic real estate and mortgage transaction. Many folks have taken the arrows serving as catalyst to move a deeply entrenched, paper-intensive industry forward. Having met Fannie Mae back in 2002 (I saved the souvenir access badge) a handful of experts and true pioneers continue to chip away the barriers. As the overall market continues to gain strength and with the support and recent CFPB announcement-we may be closer that you think (I really hope so) – the time is ripe!

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