While eClosings are growing in acceptance and adoption, fully-digital closings are still not a reality. Mortgage lenders must continue to adopt solutions for the manual and paper-intensive trailing document collection process.
Real estate technology companies are turning their attention toward the closing process—the final frontier for digitizing the home purchase experience.
Former US Secretary of Transportation and current Chief Policy Officer at Lyft, Anthony Foxx, discusses how automation will change where and how we live.