Finance Articles

Silanis Joins Mortgage Industry Thought Leaders to Discuss eLegal Issues at the 2008 Mortgage Banker's Association Document Management & Custody Conf

Montreal, QC (PRWEB) September 19, 2008 -- Silanis Technology, the leader in electronic signatures (http://www.silanis.com/index.html), announced today that the company's co-founder and vice president of strategic development, Michael Laurie, will speak at this month's Mortgage Banker's Association Document Management & Custody Conference, September 21 -23 in Charlotte, North Carolina.

Mr. Laurie's participation at the conference is both timely and topical, as the mortgage lending industry faces unprecedented turmoil and sweeping change. Lenders and servicers are aggressively seeking to improve and streamline operations and infrastructure, and are turning to technologies such as electronic signatures (http://www.silanis.com/resource-center/articles-v2/roi/measuring-the-return-on-investment-for-e-signature-technology.html) from Silanis to lock down control around lending processes and improve the quality of loans.

Silanis's electronic vault management platform (http://www.silanis.com/solutions/e-vaulting.html) called ApproveIt Transferable Records Manager is used today by both mortgage and auto finance institutions for signatures, document delivery, and electronic vault management. The software platform provides mortgage lenders the flexibility to take custody of and store electronic contracts in their own secure, electronic vault where they maintain management and control of the authoritative copy of e-notes from electronic closing to transfer between lenders and the secondary market . It also introduces a standardized approach for communicating with the MERS e-note registry, and control transferable records as required by ESIGN & UETA.

ApproveIt Transferable Records Manager is ideal for document custodians and mortgage service provider platforms since its unique registry architecture allows the electronic documents to be segregated into sub-groups and stored in their own corresponding e-vaults for management and tracking. Because the system's multiple, distributed e-vaults are supported by a common management structure, deployment and administration costs are kept to a minimum.

Mr. Laurie joins with Charles Epperson, Director of eBusiness for Stewart and Margo Tank, partner, Buckley Kolar LLP for a panel discussion on eLegal Issues, examining electronic record (http://www.silanis.com/resource-center/articles/will-your-electronic-records-stand-up-in-court.html) execution and storage, and answering questions around what is legal; what can be deleted; how processes work, and where the responsibility lies. The panel presentation takes place September 23rd from 10:00 am to 11:15 am. http://events.mortgagebankers.org/documentmanagementandcustody2008/sessions/MoreInfo.aspx?c=63787

About the Mortgage Banker's Association

The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 370,000 people in virtually every community in the country. Headquartered in Washington, D.C., MBA invests in communities across the nation by ensuring the continued strength of the nation's residential and commercial real estate markets; expanding homeownership and extending access to affordable housing to all Americans and supporting financial literacy efforts. Further information about the MBA Document Management & Custody Conference can be found at http://events.mortgagebankers.org/documentmanagementandcustody2008/default.html.

About Michael Laurie

Michael Laurie, co-founder and vice president of Strategic Development, Silanis Technology, oversees product and industry marketing and strategy for the company. With more than 20 years' experience, he is a recognized expert on enterprise solutions for the application and compliance of electronic signatures, vaulting and transactions (http://www.silanis.com/solutions/e-transactions.html), and frequently presents on these topics. Mr. Laurie also represents Silanis in industry associations and standards committees related to financial services, insurance and government. He is a founding board member of the Electronic Signatures and Records Association (ESRA).

About Silanis

Founded in 1992, Silanis Technology Inc. is the largest and most experienced provider of electronic signature solutions. More than 1,400 government and commercial organizations, representing 2 million users, depend on Silanis' solutions to accelerate operations, improve service and reduce costs.

The company's solutions not only eliminate the inefficiencies of paper, they provide reliable and auditable business records needed to demonstrate compliance with applicable laws, standards, regulations and policies. For more information visit Silanis on the web at www.silanis.com

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