Digital Closing Work Group
The purpose and scope of work of this committee is to:
- Collaborate to improve and innovate the real estate transfer process.
- Monitor innovation in the digital closing space that will improve operational efficiencies and benefits consumers.
- Identify the benefits and risks associated with digital closing in order to put the industry in the best position to solve problems and inspire innovative ideas.
- Develop awareness and education about the various aspects of digital closing and provide information about the availability of technological advances such as Remote Online Notary.
- Examine federal, state and local regulatory and legislative factors impacting digital closing and advocate for outcomes that meet industry needs.
- Maintain collaborative relationships with industry stakeholders on issues related to digital closing (including MBA, MISMO and GSEs).