AMD Enterprises’ Own Aaron Davis Talks RON, eClosings in This Month’s ALTA Title News
AMD and FAN CEO Aaron Davis is a little bit bearish on RON and eClosing crossing the adoption threshold in 2022. Yet, he’s also a little bullish, too. He shared his thoughts in an article written by ALTA VP of Communications, Jeremy Yohe in the January issue of Title News. (Membership Required)
(The feature, an industry outlook for 2022 featuring a number of the industry’s most successful and thoughtful decision-makers, is well worth the read if you’re an ALTA member).
Aaron observed that more than a few REALTORS and mortgage lenders do want to see digital closings go mainstream for a number of reasons. So that alone will likely drive the percentages up this year. However, he also sees headwinds—namely, in the form the practical ability for all parties to collaborate and the politics surrounding which party (buyer or seller) is calling the shot on the title company to conduct the eClosing.
Aaron’s spoken on this issue several times before. If you have some thoughts for him, or questions, contact him now.