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Home » FHA Urged to Allow e-Signatures on All Loan Docs
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FHA Urged to Allow e-Signatures on All Loan Docs

June 3, 2011
The Mortgage Bankers Association has asked the FHA to allow the use of electronic signatures, or e-signatures, for all mortgage origination forms required by the agency. In a recent letter, the MBA requested Robert Ryan, acting assistant secretary for housing and FHA commissioner, to implement a revised policy authorizing e-signatures on all FHA loan documents. Electronic signatures are already acceptable under federal law and by the FHA on certain documents, the MBA noted. The use of e-signatures will help reduce processing issues that impair the homebuying process ...
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