Amrock has continually focused on innovation and moving the mortgage closing experience into the 21st century through increased usage of eNotes and digital closings. Amrock works with digital software partners, including sister company Nexsys Technologies among others, to provide a range of digital closing options that match the needs of lenders and consumers alike, including RON, IPEN and hybrid eClosings. The spread of COVID-19 highlighted the need for digital solutions in the mortgage industry that would enable notaries to continue carrying out their duties without having to sit across the table from their client. The drive to ensure the health and safety of all parties involved in the transaction has proven to be a powerful catalyst for the housing industry’s move toward digitization of many processes. Amrock’s investment in scalable technology allowed them to handle the surge in digital closing volume in 2020 and focus on creating the best experience for their clients.
- Amrock and sister company Rocket Mortgage delivered 90% of all digital closings with eNotes through the first three quarters of 2020
- Completed North Carolina’s first-ever RON mortgage closing in July
- Implementation of digital offerings leads to a 20% reduction in time spent by the company on the post-closing process
