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California looks poised to finally pass RON legislation

Housing Wire

Gavin Newsom of California on Tuesday received a senate bill legalizing remote online notarizations ( RON ). The senate bill, introduced by State Senator Anthony Portantino, would allow homebuyers, sellers and borrowers to close their home purchase or refinance transactions remotely. He has until Oct. 14 to act on it.

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Opinion: More can be done to shorten the average time to close

Housing Wire

Then, they think about the mortgage : a good rate, good monthly payments, and approval. Yes, the complex legal and regulatory web that can vary from state to state and even city to city doesn’t invite a quick and smooth passage to the closing. Real estate will look different in 2030, perhaps even in 2024.

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Opinion: More should be done to shorten the average time to close

Housing Wire

And the complex legal and regulatory web that can vary from state to state and even city to city doesn’t invite a quick and smooth passage to the closing. For numerous reasons, the curative department of a title firm likely doesn’t have the technology to procure things like a satisfaction of mortgage or release.

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