Hello ActiveRain Community, this month's DocuSign post is a re-post from the DocuSign blog.  Why a re-post?  Because we have big news to share and it concerns those of you who work so hard in the real estate field.  Please read the post below for the big news!

Freddie Mac Now Accepts Electronic Signatures

 

Posted May 16, 2012

 

 

Freddie Mac Now Accepts Electronic Signatures

The news came out this morning that Freddie Mac has outlined the list of loan documents for which it will accept electronic signatures. Home buyers can now DocuSign their Freddie Mac loan documents — putting an end to the hassle of printing, faxing/scanning, or driving across town to sign.

“Effective immediately, federally regulated Sellers are permitted to conduct Electronic Transactions using electronic versions of certain loan documents in the initial loan origination process.”

 

106 Comments on Big news - Freddie Mac Now Accepts Electronic Signatures

20 Most Recent Comments Displayed Show All

OCT
15
1 Featured Post

I've held off buying the docuSign software.  Would like to hear from agents how valuable they think it is.  With scanning and emailing abilities, I get things pretty quickly from 95% of my clients.

11:56am • #87
1 Featured Post
They are only catching up with HUD. Sometime ago HUD mandated that all governmental loan entities, HUD/FHA, Fannie, Freddie, and VA would except electronic signatures in purchase or short sale transactions in accordance with existing federal law. Meaning, you will accept and follow the LAW!
8:17pm • #88
OCT
20

Thanks for keeping me informed.

7:58am • #90
OCT
27
584,946 Points 2 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

That is big news!!!  Thanks for the information.  Have a great Saturday!!

5:32am • #91
Outside Blog

It's about time they caught up to the rest of the world. 

6:03am • #92
OCT
31
Outside Blog

That is great news!  I know that Chase also accepts electronic signatures

11:03am • #93
NOV
02
176,351 Points Outside Blog Attended Rain Camp

This is very big news. Thank you for keeping all of us in the Active Rain community informed.

8:24pm • #94
NOV
03

Wonderful. So many Clients get overwhelmed with the paperwork and timelines required. This is a major help. Thank you for the update.

Pat Braithwaite
5:07am • #95
NOV
10
669,190 Points 74 Featured Posts Outside Blog Called Shot Master

How is this new news?  I've seen this post over and over and over...                                                                      

4:47am • #96
259,096 Points 4 Featured Posts Outside Blog Called Shot Master

It's accepting VERY limited electronic signatures.  Trust me, I'm in Freddie Mac fiasco right now:-)

9:11am • #97
NOV
13
490,467 Points 5 Featured Posts Localism Sponsor Called Shot Master

Like MaryKay I am not experiencing this at all. We are on a run around right now to get real signatures. Ugh. Love Docusign though and will use it whenever I can.

7:55am • #99
NOV
19
Outside Blog

Any word on short sales and esignatures working together?

12:39pm • #101
140,128 Points 2 Featured Posts

This is great news!  It will help buyers to get their offers submitted much more quickly!

10:18pm • #103
NOV
23
6 Featured Posts Outside Blog

What's interesting about this is I have bought multiple homes from Freddie Mac since the announcement and some still required signatures that were not electronic but some were ok with it.  One was a hybrid.  Weird.

2:28pm • #105
NOV
24

20 Most Recent Comments Displayed Show All


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