Big news - Freddie Mac Now Accepts Electronic Signatures

By
Real Estate Agent with DocuSign

 

Hello ActiveRain Community, this month's DocuSign post is a re-post from the DocuSign blog.  Why a re-post?  Because we have big news to share and it concerns those of you who work so hard in the real estate field.  Please read the post below for the big news!

Freddie Mac Now Accepts Electronic Signatures

 

Posted May 16, 2012

 

 

Freddie Mac Now Accepts Electronic Signatures

The news came out this morning that Freddie Mac has outlined the list of loan documents for which it will accept electronic signatures. Home buyers can now DocuSign their Freddie Mac loan documents — putting an end to the hassle of printing, faxing/scanning, or driving across town to sign.

“Effective immediately, federally regulated Sellers are permitted to conduct Electronic Transactions using electronic versions of certain loan documents in the initial loan origination process.”

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Re-Bloggged 14 times:

Re-Blogged By Re-Blogged At
  1. Bob Caldwell 05/24/2012 06:25 PM
  2. Kim Carlson 06/02/2012 03:42 PM
  3. Ron Chastain 06/04/2012 07:01 AM
  4. Angie Nwanodi 06/04/2012 12:11 PM
  5. Cheryl Ritchie 07/28/2012 04:26 AM
  6. Lauren Selinsky Perez 08/11/2012 12:10 AM
  7. Tracy Murphy Roche 08/11/2012 08:03 AM
  8. Lexa R. Montierth 08/11/2012 02:41 PM
  9. Loran Dunn 08/11/2012 06:43 PM
  10. Virginia Dean 09/01/2012 05:28 PM
  11. Rhonda Duffy 09/29/2012 05:11 AM
  12. Justin Johnson 09/29/2012 03:27 PM
  13. Lynn Pruitt 10/15/2012 05:10 AM
  14. Wendy Rich-Soto Team At Keller Williams Realty, LA Harbor 11/19/2012 10:19 PM
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Topic:
Real Estate Best Practices
Tags:
paperless
sign
real estate
esign
esignatures
electronic signatures
docusign

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Rainer
2,780
Tara Kelly
Realtor Salesperson
Real Life Hawaii LLC

Yeah!! Finally...

November 19, 2012 02:48 PM
Rainmaker
154,908
Wendy Rich-Soto Team At Keller Williams Realty, LA Harbor
"Because IT IS all about YOU!"
Keller Williams Realty, LA Harbor

This is great news!  It will help buyers to get their offers submitted much more quickly!

November 19, 2012 10:18 PM
Rainmaker
133,633
Ella Reape
Luxury Homes Division, Keller Williams
Keller Williams Realty Nashua NH

Great news! Thank you

November 23, 2012 07:50 AM
Rainmaker
116,426
Frank Iglesias
Atlanta, GA Real Estate Investor
Working With Houses, LLC - Atlanta Real Estate Investments

What's interesting about this is I have bought multiple homes from Freddie Mac since the announcement and some still required signatures that were not electronic but some were ok with it.  One was a hybrid.  Weird.

November 23, 2012 02:28 PM
Rainmaker
115,405
Shanna Day Mega Team Leader (UT & AZ)
Keller Williams Realty
Keller Williams SLC (UT) and Keller Williams Realty EV (AZ)

YAY!  We needed that!   Fannie Mae too?   

November 24, 2012 12:04 AM
Anonymous
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