The document submitting, recording, processing and returning is start-to-end digital enabling a remote “continuation of support and operations through the current crisis.” In minutes, the county recorder can review, stamp, record and return documents to the settlement agent electronically. county recording offices are operating during the COVID-19 pandemic. Simplifile also provides detailed information about which U.S. population, according to the company website.Īn up-to-date list of participating counties is available at Simplifile’s e-recording network page on the company website. Simplifile’s eRecording platform allows title companies, banks, attorneys and financial document submitters to send electronic records directly to any of the nation’s 2,073 participating county recording offices, which represent more than 80% of the U.S. “This milestone comes at an important time, not just for Simplifile, but for the mortgage industry as a whole,” as it applies technology and high-capacity infrastructure to make electronic mortgage processing more efficient, and transitions to respond to the COVID-19 pandemic, said Paul Clifford, President of Simplifile. Operated by ICE Mortgage Services, the fintech enables users to securely e-record, share and track documents, data and fees. Simplifile, the nation’s largest e-recording network, connects settlement agents and county recorders, collaboration tools and loan closing data access to mortgage lenders and settlement agents. (ICE) added more than 2,400 new users and has processed 100 million mortgage documents in April.
Simplifile processes 100MM mortgage documents and adds 2.4K new users in Aprilįintech Simplifile, the electronic recording network operated by Intercontinental Exchange, Inc.