Fannie, Freddie Certify SimpleNexus as E-Closing Solution Provider

September 14, 2021

SimpleNexus recently became an approved e-closing solution provider by Fannie Mae and Freddie Mac.

The designation affirms that SimpleNexus’ Nexus Closing e-mortgage solution meets the technical requirements for e-closing, e-note and e-vault functionality by both government sponsored entities (GSEs). The platform also has been tested for compatibility with the GSEs’ respective e-note delivery systems.

“Nexus Closing gives lenders the flexibility to make the closing experience as digi-tal as they want,” said SimpleNexus CEO Cathleen Schreiner Gates. “In addition to giving borrowers more time to review and understand closing documents, Nexus Closing offers lenders substantial ROI with improved operational efficiency, in-creased data integrity and faster delivery of loans to the secondary market.”

Nexus Closing’s solution comes with integrated remote online notarization (RON) and e-signing, automatic generation of a tamper-sealed e-note document and delivery of the e-note into a secure e-vault for delivery to the MERS eRegistry.

  • View Fannie Mae’s e-closing technology service provider list
  • View Freddie Mac’s reviewed vendor list for e-mortgage

Contact ALTA at 202-296-3671 or [email protected].