Market Update

Digital closings have spiked 228% since 2019

Digital closings have spiked 228% since 2019

The number of title and settlement companies offering digital closings has increased 228% since 2019, as more of the industry moves online in the wake of the COVID-19 pandemic, according to HousingWire.

Per a survey of 300 title professionals conducted by the American Land Title Association, only 14% of professionals offered digital closings prior to the health crisis. Now, in 2021, 46% offer digital closings, according to Diane Tomb, ALTA chief executive officer.

Continue reading Digital closings have spiked 228% since 2019 at Movement Mortgage Blog.

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