| FHA to Accept Electronic Signatures |
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If you have any questions you can contact FHA Resource Center at 1-800-225-5342. Sincerely, Lisa Scanlon, CSA 941-447-7130 www.scanlonsigningservices.com
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As of 4-8-2010 FHA announced they will accepts electronic signatures on 3rd party documents included in the case binder for mortgage insurance endorsement. 3rd party documents are those that are originated and signed outside of the mortgagee's control such as a sales contract. This will apply to Mortgages and Home Equity Conversion Mortgages. You will have to keep a hard copy of the origination case binder for 2 years from the date of the endorsement.
Ann Arbor Market Center Keller Williams - Ann Arbor, MI
Ann Arbor Real Estate Experts - Kathy Toth Team
Keller Williams Realty - Charlottesville, VA
This is some great information. Is there a particular system that you use. We are fond of docusign.
May 10, 2010 12:40 PM
Rainmaker
17,041
17,041
Lisa Scanlon
Certified Signing Agent
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