Maxwell, a digital mortgage platform designed for small and midsize lenders, announced a strategic partnership with digital closing platform Snapdocs, FinLedger reported.
The partnership will provide eClose technology to lenders across the country as part of Maxwell’s Point of Sale to accelerate the entire closing process, reduce loan costs and save time for lenders and borrowers, according to the article.
The new integrated solution is “powered by machine learning and removes manual administrative tasks in the closing process, including document review and signature steps,” which increases loan officers’ capacity to support more home buyers through the mortgage process, the article said.
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