PhoenixTeam helps client complete first true eClosing in Massachusetts

Years before the covid pandemic facilitated an explosion in eClosings and remote notary, PhoenixTeam was leading the way helping our clients achieve an industry first. We supported the implementation of DocMagic’s SmarCLOSE system for Radius Financial Group and Santander Bank to complete the first fully paperless, electronic mortgage closing in Massachusetts. The transaction included eNotarization of key documents, including the eNote, which was registered on the MERS® eRegistry.