Fidelity Launches Digital Closing Platform

March 21, 2019

Fidelity National Financial launched a comprehensive digital closing experience for consumers closing in its title operations. Developed in partnership with Black Knight, the program supports hybrid and fully digital closing options. Designed to digitally engage homebuyers and sellers in the process well in advance of the closing signature ceremony, the experience brings increased transparency, flexibility and convenience to the final steps of real estate transactions, the company said in a release.

“Today’s homebuyers and sellers have come to expect a digital experience that increases the transparency and convenience of the transaction,” said Jason Nadeau, chief digital officer for Fidelity National Financial. “At FNF, we understand this. That’s why we’re committed to creating a totally redesigned real estate experience for the consumer. We’re also making sure our vast network of partners has access to the tools they need to compete effectively in an increasingly digital world.”

Leveraging Black Knight’s Expedite Close technology, FNF created a digital closing experience that is tailored to meet specific needs of the settlement community. The platform is integrated with FNF’s title production systems.

Additionally, consumers are provided with greater visibility and transparency into their documents prior to the actual closing. Integrated e-signature technology allows for many documents to be signed in advance of the closing and—in jurisdictions where it is permitted—remote online notarization capabilities ensure sellers and buyers can close on a transaction when and where it best suits their schedules.

“We’re honored to have collaborated with FNF in developing a new closing experience,” said Black Knight President Joe Nackashi. “Black Knight is committed to our clients’ success, and we wholeheartedly support FNF’s mission to redefine the experience for the millions of consumers they work with annually.”

While the digital closing platform is loan origination system (LOS) agnostic, it is currently integrated with Black Knight’s suite of solutions. FNF’s title operations will begin using the digital closing platform in second-quarter 2019.

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