![]() You don’t have to use the mail, courier, leave the office or stand in line at the county – saving you time and money. Simplifile makes it easy to e-record all of your deeds, mortgages and other documents online. More information about Simplifile may be found at or by calling 80.Īre your products/services available nationwide? Simplifile is focused on building the industry’s largest and easiest-to-use e-recording service for organizations of all sizes. Additionally, e-recording saves time and the expenses associated with traditional document submission methods. Simplifile’s electronic document services support industry best practices of Settlemet Processes and Policy Production through e-recording. ![]() Simplifile supports thousands of title companies to create and submit documents to more than 1,140 counties for recording. "We're starting to build the back-end of endpoints, if you will," Sprecher said.Simplifile is the nation’s largest and fastest-growing e-recording service provider. The Simplifile deal will also lower costs and accelerate the amount of time it takes to close on a house, he said. SIMPLIFILE LC in Houston, TX Company Information & Reviews Company Information Sponsored Links Company Contacts CHRISS MCENTEE President 5660 New Northside Dr., 3rd Fl Atlanta, GA 30328 MARTIN HUNTER Treasurer 5660 New Northside Dr., 3rd Fl Atlanta, GA 30328 OCTAVIA SPENCER Assistant Secretary 5660 New Northside Dr. Now, with its most-recent pending deal, ICE's chief executive said those same mortgages will be able to be recorded as a closing. Since its acquisition of a majority stake of MERS in 2016, ICE has been working with Fannie Mae and Freddie Mac to establish the system as a "digital ecosystem" that would allow the housing giants to receive mortgage documents through a centralized, digital system, Sprecher said. More electronic notes were registered on MERS in the first quarter alone than in all of 2018, Sprecher said. Through MERS, ICE also facilitates the registration of electronic notes that are the equivalent of paper promissory notes that conform with e-commerce law requirements. ICE currently operates a national electronic registry that tracks changes in servicing rights and beneficial ownership interests in U.S. "It's an evolution that we've seen before, and much like in other asset classes, we're providing products, services and key infrastructure aimed at facilitating that transformation."Ī pioneer in electronic trading, ICE is hoping to take its experience in evolving fixed-income, commodity and equity trading to the mortgage market by bringing Simplifile under its corporate umbrella. residential mortgage market is experiencing an analog-to-digital conversion," Sprecher said May 2 on a first-quarter earnings conference call. By acquiring Simplifile, ICE may soon control an electronic network of lenders, settlement agents and county recording offices, which ICE Chairman and CEO Jeffrey Sprecher said will better position the company to satisfy the growing demand for digital mortgage solutions. The company serves as an electronic liaison between lenders, settlement agents and county recording offices, streamlining the public recording of residential mortgage transactions. On May 1, the Atlanta-based exchange operator agreed to buy Provo, Utah-based Simplifile LC in a $335 million deal expected to close in the third quarter. Simplifile was founded in 2000 and operates the largest network connecting the agents and jurisdictions that underpin residential mortgage records. mortgage industry, a sector that the New York Stock Exchange owner believes is ripe for digitization.
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