SIMI VALLEY, Calif., Dec. 4, 2003 (PRIMEZONE) -- Topaz Systems, Inc. has provided an electronic signature solution for mortgage bankers, lenders, and forms generators looking to take advantage of the benefits of electronic paperless mortgages. With signature capture tablets and bundled SigSmart software, mortgage industry professionals have the ability to bind forensic-quality handwritten signatures into legally-binding electronic SMART documents for instantaneous submission and paperless storage of loan applications, RESPAS, closing documents, and real estate contracts.
SigSmart meets and exceeds the Mortgage Industry Standards Maintenance Organization (MISMO) guidelines for implementing electronic mortgages specify that electronic mortgage documents should bind data, presentation, and signature(s) into a single electronic file for transmission and storage. Using one of Topaz's many available signature capture tablets, applicants sign their name wherever necessary within an electronic form. Each handwritten signature is encrypted allowing verification, if needed, by a forensic document examiner. This valuable forensic signature data provides forensic document examiners the information they need to make determinations regarding an electronic signature's authenticity. Additionally, by signing the document directly, the need to print out and re-scan the form to retain an electronic copy is eliminated.
"The real estate and mortgage industry has been waiting a long time for electronic mortgage processing to take off," says Topaz President Anthony Zank. "A system of Topaz tablets and bundled SigSmart software makes the electronic signature component of electronic mortgages very easy to implement."
Key Features:
-- Meets or exceeds MISMO guidelines for electronic mortgage
implementation
-- SigSmart and all updates and support are bundled with Topaz
tablets at no extra charge
-- Biometric- and forensic-quality handwritten electronic signatures
Pricing -- Provided at no charge for use with Topaz signature capture tablets
Information
SigSmart - http://www.topazsystems.com/applications/mismo.htm Topaz forensic-quality electronic signatures http://www.topazsystems.com/links/wpforensicbiometric.htm MISMO eMortgage guidelines - http://www.mismo.org/mismo/emgr_10.cfm
Southern California-based Topaz Systems, Inc. has been leader in electronic signature hardware and software since 1995, offering the widest variety of signature capture tablets and software in the industry.