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Talking tech with Donald Trump Jr.

Pavaso CEO Mark McElroy discusses TILA-RESPA compliant solution

Oct 02, 2014 1:00 am  By
ClosingsDigitalDigital mortgageeClosingPavaso
Digital-house-edit

Today we’ll to take a quick break from the normal posts to highlight a few things we’ve got going on that many in the industry have been asking us about.

First is a quick update on our participation in the CFPB eClosing pilot program that will kick off pretty soon. All we can really say at this time is that we’ve been working with business partners we’ve been assigned to work with on firming up details for implementation, and training will soon be underway. And once we’re closer to the pilot’s official kick-off, we’ll be sharing some guest posts from our partner participants to share their perspective on the pilot and performing digital closings in general.

Next, we’ll be at booth 407 during ALTA’s Annual Convention in Seattle, where Nancy G. Pratt, our director of eStrategy, will be on a panel to discuss the closings of today, the CFPB eClosing Pilot, eClosings in the real world, and launching your own eClosing effort.

Immediately after ALTA’s convention, we’ll be at MBA’s Annual Convention in booth 451. In addition to raffling off a really cool pair of prizes, we’ll have Nicole Johnson, Miss America 1999 at our booth on Monday, October 20. We’ll have more announcements soon on some other things we’ll have going on there as well.

And finally, our CEO Mark McElroy will be on TV this Sunday, October 5, at 6:30pm EST.

The show is 21st Century Television, with guest host Donald Trump Jr. interviewing Mark about the TILA-RESPA ruling, and how technology available today can not only help the industry comply, but thrive with a whole new world of possibilities in a digital marketplace. It airs on Bloomberg TV, so check your local listings for channels and airtimes.

And as always, don’t forget to register for a free account at the TILA-RESPA Knowledge Center, where you can browse a knowledge base of articles and documents, or join conversations in the forums!

All information and views expressed or implied are provided without warranty and are only opinion. Each participant should seek legal representation for legal interpretation of the ruling and the CFPB directly for final instruction and interpretation. The final rule can be found here.

3d rendering of a row of luxury townhouses along a street

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