ADVISORY, April 29, 2014 (GLOBE NEWSWIRE) --
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What: |
The FHA recently announced that it is now accepting eSignatures on a wider range of mortgage documents, including IRS Form 4506-T, FHA Insurance claims, REO sales, servicing and loss mitigation documents and many others. Though this initiative demonstrates the FHA's plan to streamline the mortgage process, it creates an entirely new set of potential pitfalls of which lenders should be aware. |
| During the webinar, "eSignatures and the FHA: The Questions Lenders Don't Know to Ask," attendees will hear from industry experts on the benefits of eSignatures related to speed, convenience and compliance. In addition, the webinar will address what lenders should know about the FHA's recent announcement and Mortgage Letter 2014-03, including: | |
| · New processes, efficiencies and considerations; | |
| · ID Authentication (ESIGN); | |
| · eRecords/eChattel security, storage and retention; | |
| · Building in-house or partnering with a vendor; | |
| · The new regulatory environment (QM, CFPB, GSEs); and | |
| · FHA vs. non-FHA processes and opportunities to consolidate. | |
| The panel will feature experts from the Electronic Signature and Records Association (ESRA). | |
| Click here to register for "eSignatures and the FHA: The Questions Lenders Don't Know to Ask." | |
| Date: | Wednesday, April 30, 2014 at 2 p.m. ET |
| Moderator: | Austin Kilgore, managing editor, Mortgage Technology |
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Speakers: |
Jeff Knott is assistant vice president at Equifax Verification Services. He has direct oversight of the company's IRS Income (4506-T tax transcript fulfillment) and SSN verification products; and is a recognized leader in driving business strategies, product innovation and industry adoption of electronic signatures. Knott has vast experience guiding cross-functional teams and introducing creative business solutions. He is an "out-of-the-box" thinker who champions emerging technologies, promotes consumer engagement, advocates change and encourages the partnership between the private sector and government. Knott also serves as Vice Chairman of the Electronic Signature and Records Association (ESRA), the premier global trade association focused on the advancement of electronic signatures and records. ESRA leads efforts to optimize the understanding and acceptance of these technologies. |
| Other participants include: | |
| · Melanie Felicano, chief legal officer, DocMagic, Inc. | |
| · Kelly Purcell, executive vice president, Global Sales and Marketing, eSignSystems | |
| · David Zugheri, executive vice president and co-founder, Envoy Mortgage |
About Equifax
Equifax (NYSE:EFX) is a global leader in consumer, commercial and workforce information solutions that provide businesses of all sizes and consumers with insight and information they can trust. Equifax organizes and assimilates data on more than 600 million consumers and 81 million businesses worldwide. The company's significant investments in differentiated data, its expertise in advanced analytics to explore and develop new multi-source data solutions, and its leading-edge proprietary technology enable it to create and deliver unparalleled customized insights that enrich both the performance of businesses and the lives of consumers.
Headquartered in Atlanta, Equifax operates or has investments in 19 countries and is a member of Standard & Poor's (S&P) 500® Index. Its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. In 2013, Equifax was named a Bloomberg BusinessWeek Top 50 company, was #3 in Fortune's Most Admired list in its category, and was named to InfoWeek 500 as well as the FinTech 100. For more information, please visit www.equifax.com.