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Big news - Freddie Mac Now Accepts Electronic Signatures

Reblogger Tracy Murphy Roche
Real Estate Agent with The Murphy Roche Team | Keller Williams Realty Metropolitan 035569

This is great news!  I believe that the ability to use electronic signatures is a time-saving measure that is beneficial to use all ~ buyers, sellers, real estate agents.  Just make sure that the use of electronic signatures is allowed by your local real estate commission. 

Original content by Suzanne Alberti

 

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.”

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Edward & Celia Maddox
The Celtic Connection Realty - Queen Creek, AZ
EXPERIENCE & INTEGRITY - WE TAKE THE HIGH ROAD

Wow!  That sure does make life easier for us ans most of out buyers are out of state.  Thanks for update.  Will Fannie Mae follow?

Aug 11, 2012 01:05 AM
Dan Hopper
Dan Hopper - Gold Way RE - Westminster, CO
Colorado Broker / Referral Services

This is good news.  Now, if we could get some of the banks on board with this for our short sales, like Wells Fargo, it would help greatly.  It assists with the timeliness of working documents and a cleaner documet for presentation!

Aug 11, 2012 01:12 AM