Solution to Enhance Customer Experience and Improve Scale, Speed, and Accuracy
March 15, 2018 – Gregg & Valby, LLP, a Texas-based law firm and mortgage technology provider, is pleased to announce an integration with eOriginal that will allow their customers to offer eClosings to the market. The solution, powered by eOriginal’s digital mortgage technology, will be available from within Gregg & Valby’s GVDocs platform.
“eOriginal’s digital mortgage technology provides Gregg & Valby the ability to create a SMARTDoc® eNote, execute the documents on eOriginal’s eClosing platform, and manage the entire document package, including the eNote, within the eVault to support the servicing of the mortgage,” said eOriginal’s SVP and General Manager of Digital Mortgage, Simon Moir. “As digital mortgage scales exponentially, participants across the ecosystem are increasingly seeking ways to maximize the benefits. We look forward to collaborating with the Gregg & Valby team to increase adoption across the digital mortgage ecosystem.”
Digital closings deliver a competitive advantage and operational efficiencies that cannot be obtained through traditional paper processes. eOriginal’s technology is designed to provide clients with an enhanced experience, bringing greater scale, efficiency, and accuracy. The platform delivers a fully digital mortgage that meets regulatory requirements and is accepted by top lenders, the government-sponsored enterprises, and other stakeholders across the digital mortgage ecosystem.
“At the core of our business is a commitment to excellence in compliance, with an emphasis on technology. As we looked to expand our digital mortgage capabilities, we wanted to work with the best and most proven company in the industry, and that is eOriginal,” said Gregg & Valby Managing Partner, Scott R. Valby. “We are pleased to supplement the services we already provide in the areas of mortgage loan fulfillment, nationwide document preparation, and legal and compliance support with a digital mortgage closing solution backed by eOriginal’s trusted technology.”
Gregg & Valby offers more than 40 years of experience in serving the mortgage industry and represents financial institutions and independent mortgage companies nationwide. Utilizing its proprietary document preparation software, GVDocs, and with a commitment to excellence in compliance, Gregg & Valby emphasizes the importance of automation, technology, and partnerships in making the adoption of digital mortgages a reality in 2018.
eOriginal completed the first digital mortgage in 2000. In 2017, Fannie Mae, the largest government-sponsored enterprise in the United States, selected eOriginal for the launch of its next generation electronic vault, which involved moving billions of dollars of assets onto its hosted platform to enable the secure management of eNotes throughout their lifecycle. Fannie Mae’s utilization of eOriginal’s platform validated the benefits of the company’s platform, including enhanced management capabilities, accelerated deployment, and reduced overall costs.
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eOriginal guarantees trusted transactions of digital financial assets for all parties from the borrower to the secondary market. We do this by creating a ‘digital original’ document with all the legal and enforcement rights of a paper contract combined with the capital and operational efficiency of digitization. Our proven network provides certainty in how these digital assets are created and maintained, delivering the confidence, visibility and compliance lenders and buyers need. As a pioneer in the space, major financial institutions, leading law firms and credit ratings agencies have validated and rely on eOriginal as a trusted partner for Digital Transaction Management. For more information, visit www.eoriginal.com.
About Gregg & Valby
Gregg & Valby, LLP is a Houston, Texas-based law firm with more than 40 years of experience in providing mortgage loan document preparation, legal support, and nationwide regulatory compliance services to financial institutions and independent mortgage companies. Our knowledgeable and experienced legal and compliance staff, combined with our investment in advanced technology and automation, enables us to provide our customers with compliant, cost-effective, and reliable legal and compliance services and document solutions through GVDocs, our proprietary nationwide document preparation software.