LAS VEGAS — Equifax Inc. is now offering a paperless lending solution the company says will allow credit unions and banks to close loans electronically.
The solution integrates the APPRO platform owned by Equifax with Carleton Inc.'s SmartDocs electronic document and signature solution and the electronic vaulting software from eOriginal Inc.
The process allows a financial institution to originate, underwrite, close, manage and sell loans electronically through the APPRO platform, the company says.
Equifax debuted the product at the BAI Retail Delivery exhibition this week in Las Vegas.
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