Visionet Systems, Inc., a full-service technology consulting and business process outsourcing company that delivers software solutions, services, and technology-led BPO products built on a best-of-breed philosophy to help its customers increase business agility, drive down costs and reduce risk, announced the addition of e-Closing capabilities to its AtClose Title, Settlement and Appraisal platform at the Mortgage Bankers Association’s (MBA) Annual Convention & Expo 2017 held in Denver, Colo. The new e-Closing functionality is being included in AtClose, a cloud-based vendor and workflow management solution that provides a comprehensive and intuitive platform for the appraisal, title and settlement industry, as a seamless, secure and fully compliant module, the company announced in a press release.

E-signatures simplify the closing process for lenders, settlement providers and borrowers. Executed documents flow back into AtClose effortlessly, reducing the need for paper documents and giving parties additional time to review each loan package, the release said.

AtClose is highly configurable, allowing agents to selectively enable e-Closing for specific lenders or geographic areas to meet local recording requirements and individual lender or investor needs. AtClose gives settlement agents complete control over which documents will be pushed for e-signatures, and when they should be made available to the respective individual(s).

“The biggest advantages that AtClose offers settlement agents are a significant reduction in notary fees and the elimination of post-closing errors,” Visionet Systems, Inc. CEO Arshad Masood said in the release. “Our sophisticated platform saves them the time and trouble involved in re-doing the signing process. With the CFPB and other regulatory bodies encouraging e-closing, it is time for Title and Settlement firms to begin closing all loans electronically.”