Report: Rocket Mortgage, Amrock Deliver 90% of Digital Closings With E-notes

November 24, 2020

Rocket Mortgage and Amrock delivered 90 percent of all digital closings with eNotes through the first three quarters of 2020, according to data provided by the Mortgage Electronic Registration System (MERS) eRegistry.

In the first nine months of 2020, Rocket Mortgage and Amrock, both of which are subsidiaries of Rocket Companies, have more than doubled the number of digital closings they completed in all of 2019. The growth of e-closings was accelerated by the COVID-19 pandemic.

"Amrock is focused on providing our signing agent and mortgage lender partners the best process for the clients they serve. That means using technology to make the mortgage closing safer, more secure, more accurate and easier for everyone involved," said Brian Hughes, CEO of Amrock. "We have gone all-in on digital closings and we are glad to see clients benefitting from our technology for a better closing experience. We will continue to promote the expansion of digital closings nationwide and we look forward to digitizing more and more of the home loan process."

Rocket Mortgage and Amrock complete remote online notarization (RON) closings using the proprietary Clear Sign platform from Rocket Companies subsidiary Nexsys Technologies, among others.

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