The partnership between Snapdocs and AmeriHome represents a significant shift towards digital mortgage processes in the industry. With eNotes currently at 9.2% of mortgage originations in 2024, projections indicate a rise to 30% in the next few years. Snapdocs CEO emphasized their eVault's role in enhancing transfer speeds and reliability, while AmeriHome's CEO noted the deal as a step toward greater operational efficiency and security. The collaboration already boasts over 50% hybrid digital closing adoption among some lenders, indicating the growing commitment to digital transformation.
Leaders said the decision is a response to growing interest in digital mortgage processes.
By leveraging our Snapdocs eVault, we are improving the speed and reliability of eNote transfers for AmeriHome.
Our collaboration with Snapdocs sets a new standard for efficiency and security in the industry.
Through our partnership with Snapdocs, we've achieved over 50% hybrid digital closing adoption and surpassed 35% eNote adoption.
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