With Snapdocs, ‘compliance is baked into the platform’

Now that the implementation deadline for the Consumer Financial Protection Bureau’s (CFPB) Know Before You Owe rule has come and gone, regulatory compliance is a top concern for all real estate and mortgage industry professionals.

Snapdocs, provider of an automated loan closing platform, says it can help alleviate some of that pressure for everyone at the closing table, as well as improve the homebuying experience for consumers.

A Snapdocs screenshot.

The company’s suite of tools automates notary searches, shares loan documents and enables electronic and mobile communication with consumers and everyone involved in a closing, provides business performance data analysis and maintains an audit trail of every interaction that occurs during a closing.
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