Pavaso, MRG Integrate Doc Prep, Closing Platforms

March 28, 2017

Pavaso Inc., a provider of digital closing and collaboration solutions for the mortgage and real estate lifecycle,  has partnered with Mortgage Resources Group (MRG), an attorney-owned document preparation provider.

The integration allows for the electronic transfer of prepared closing documents into Pavaso’s Digital Close platform.

Digital Close allows all parties to the mortgage transaction to communicate and work in one central location. The platform also allows borrowers to sign and notaries to verify and stamp documents digitally. The Digital Close platform accommodates paper, hybrid and fully digital closings.

MRG Managing Director Michael Riddle feels the partnership between MRG and Pavaso is a natural fit. “MRG was looking for the best eClosing solution in the industry,” he said. “After evaluating several providers we selected Pavaso as our partner to provide a world class Digital Close platform to our clients.”

The Pavaso Digital Close platform facilitates electronic communication and collaboration between the real estate agent, lender, title/settlement agent and borrower, making the entire closing process easier by providing one digital location to deliver any document, especially the Loan Estimate and Closing Disclosure, along with educational materials.

“MRG delivers a world class electronic document preparation solution, which makes this integration an easy decision,” said Mark McElroy, president and CEO of Pavaso. “We look forward to offering the collective benefit of our systems to mortgage providers seeking to move forward into the digital transformation.”

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North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.