Nexsys Technologies® recently garnered a big industry win as we became certified as a Remote Online Notarization (RON) provider by the Mortgage Industry Standards Maintenance Organization (MISMO). This new certification enables Nexsys to continue reshaping the signing process toward the digital future.
MISMO is a trusted standards-setting organization in the mortgage industry that develops the common language used within the loan process. Their primary goal is to standardize the way in which members of the mortgage community interact.
RON platforms, like Nexsys Clear Sign℠, allow borrowers and notaries to securely complete signings from remote locations through an online audio-visual connection. Prior to the COVID-19 pandemic, RON signings were a convenience. However, they quickly became an essential tool in the mortgage industry.
“Receiving MISMO certification demonstrates that we’ve achieved exactly what we first set out to do – develop products that improve efficiency and security,” said Samantha Budzyn, Director of Operations at Nexsys Technologies. ”Not only have we achieved those goals, but our Nexsys Clear Sign RON platform has also helped improve physical safety for our clients, notaries and homebuyers. That’s a win for everyone!”
The decision to begin certifying RON platforms was first announced by MISMO in. The certification guarantees that a platform meets industry standards on several criteria, including:
- Credential analysis
- Borrower identification
- Capturing and maintaining electronic records of the notary process
- Security considerations
- County recording considerations
- Audio and video quality
- Record storage
- Audit trails
The increase in the number of notaries working remotely has made RON platforms, like Clear Sign, an essential tool in the mortgage industry. True to our history of innovation, we’re pleased to be one of the first providers to achieve this MISMO RON certification.
Click the link today to explore Nexsys Clear Sign – our groundbreaking and now-MISMO-certified mortgage signing solution!