tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Zions Bancorp enters collaboration with Snapdocs to digitize mortgage closings

Snapdocs announced a collaboration with Zions Bancorporation to digitize the lender’s mortgage closings. The Zions network of banks selected Snapdocs for its unmatched ability to drive high digital closing adoption, optimize operational efficiency, and provide flawless experiences for loan officers, settlement partners, and borrowers. Zions operates in 11 western states, and sought a digital closing provider with the proficiency to implement and scale digital closings across its network. Snapdocs offered comprehensive training and white-glove support for all local Since implementation, Zions has reported a 100% eSign success rate-meaning no borrowers opted out of a digital closing-and a 100% scanback rate with settlement partners. The lender has also seen an 80% reduction of errors in closing documents due to hybrid closingbrands, and after just one month of working with Snapdocs, Zions achieved over 75% adoption of hybrid closings.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1