Wave Systems’ eTMS authorised by Wells Fargo

Posted by Ken Y-N on June 26th, 2008 at 06:13am

A recent announcement/press release from Wave Systems discloses that they have entered into an agreement with Wells Fargo to allow their mortgage division to use Wave’s eSign Transaction Management Suite (eTMS) for electronic disclosure (or eDisclosure) of mortgate-related documents. The benefits to Wells Fargo and their mortgage division is described as follows:

Correspondents using these applications can benefit from a reduction in the cost and time associated with printing, mailing and processing of borrower disclosures; better communications to the borrower; and improved compliance with federal and state regulators.

The facilities available within eTMS include SmartSigning Room and SmartSignature for documents held in their SmartSAFE eVault.

This all gets rather complicated, so please read the original press release for the full details here.

Tags: etms, wave, wells fargo