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| | #1 Loans USA - Industry sees first eMortgage guide |
 | | The guide was developed by MISMO's eMortgage Workgroup, established in January 2001 to develop standards, specifications and guidelines toward fully electronic mortgages that correspond to the Electronic Signatures in Global and National Commerce Act (E-SIGN) and the Uniform Electronic Transactions Act (UETA) legislation enacted by the U.S. government in 1999 and 2000. |
 | | During the transition from paper to eMortgages, both individual loans and loan pools may be hybrid, using combinations of paper, imaging, and electronic documents. |
 | | The guide provides an overview of the eMortgage landscape as it exists today, including: the benefits of eMortgages, key industry standards and concepts, underlying legal framework and concepts, general guidance for best practices, and sources of additional information to get started. |
| www.1loansusa.com /realesstatenews/10_26_05/news1215.html (502 words) |
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