February 20, 2024 Product Updates

ECLOSING PLATFORM

Configurable Email Reminders for Borrowers

Users can now customize the frequency of eSign email reminders that are sent to borrowers during the eSign window. This update gives lenders the ability to send eSign email reminders at their preferred hourly intervals.

The default settings for eSign reminder notifications are: 

• If an appointment time is set: a reminder email will be sent three hours before the eSign appointment 

• If no appointment time is set: a reminder email will be sent at 8:00 AM in the borrower's timezone

To change the frequency of eSign email reminders, go to Settings > Email in the Snapdocs eClose Platform. 

SNAPDOCS EVAULT

Support for Bulk Transfer of eNotes

Bulk Transfer of eNotes is now available for all Snapdocs eVault users, allowing lenders to conveniently initiate and manage multiple transfers/eDeliveries at one time. 

eVault admins are now able to create and manage transfer/eDelivery mappings directly from the Snapdocs eVault. Once mappings have been configured, users can initiate a bulk transfer by uploading either an XLSX or CSV file. 

For further information, please contact your Snapdocs representative. 

SNAPDOCS EVAULT

Dashboard Update with MERS Org ID

MERS Org ID is now included on the eVault and Incoming/Outgoing Transfer dashboards. eVault users can view the MERS Org ID, listed in parenthesis next to the partner name, for all parties related to a transaction. This update allows for higher visibility and easier data validation. 

MERS Org ID now visible alongside company name on eVault dashboards 

SNAPDOCS EVAULT

eNote Zip Code Truncation (FHA, VA, and USDA)

Given recent updates from Ginnie Mae, only the first five (5) digits of a property zip code will be used when creating FHA, VA, USDA notes. This update aligns with Ginnie Mae’s eNote acceptance criteria.