RON is Heating Up

RON has been getting a lot of attention the past few weeks. At the end of last month, the House officially passed the Securing and Enabling Commerce Using Remote and Electronic Notarization (SECURE) Act which creates federal minimum standards to allow notaries nationwide to perform RON transactions. Around the same time, the Wall Street Journal also ran an article on how mainstream this type of closing has become.

As of today, RON is allowed in 43 states, up from 22 at the outset of the pandemic and in Delaware, Massachusetts and Washington D.C. there are RON-related bills close to becoming law.

If the SECURE Act becomes federal law, and most observers believe it will, this will give significant relief to homeowners and buyers by allowing immediate, nationwide use of RON technology and making digital closings much easier.

The legislation has garnered much support from industry associations including the Mortgage Bankers Association (MBA), American Land Title Association (ALTA) and the National Associations of REALTORS® (NAR).

– Armando


Mid-Year eUpdate

We are more than halfway through 2022 and despite the market slowdown, digital adoption is still growing. Check out our summary of some of the biggest developments in the digital mortgage space so far this year.



People on the Move

eMortgage expert and veteran, Carmelo Bramante, is the new Senior Policy Advisor at Ginnie Mae. Bramante will be working on the agency’s Modernization initiatives, such as The Digital Collateral Program. Prior to joining Ginnie, Bramante was with Navy Federal Credit Union for 9 years as the Manager of Regulatory Compliance and Public Policy.




MISMO Seeks Public Comment on eMortgage Resources

MISMO is seeking public comment on three key industry resources — The MIMSO Business Glossary, The eMortgage Glossary and the eModification Reference flyer– to help
accelerate the industry’s digital transformation. Comments for the Business Glossary are due by 9/5; comments for the eMortgage Glossary are due by 10/4, and comments for the eModification Flyer are due by 10/4. Comments should be sent directly to [email protected].



Industry Veteran Walter Allen Joins Falcon

We’re excited to announce that Walter Allen has joined Falcon Capital Advisors as Managing Director. In this role, Allen will be responsible for business development across Falcon’s major practice areas: financial institutions and government advisory services and our eMortgage
consulting practice. Welcome to the team, Walter!



Community Bank Now Offering Hybrid Closings

OSB Community Bank, an Illinois- based bank, is now using SimpleNexus’ Nexus Closing to support hybrid closings. The bank will use the tools from SimpleNexus to facilitate a “from anywhere” borrower experience from application to closing.


Upcoming Events

It’s almost that time — Fall Conference Season! Next month, Falcon will be attending:
MBA Risk Management, Quality Assurance and Fraud Prevention Forum 9/11-9/13 National Mortgage News’ Digital Mortgage Conference 9/13-9/15
MISMO Fall Summit 9/25-9/29

Contact [email protected] to set up a meeting. See you there!



Have an eMortgage related news item you want to share? Want to make sure you and your team are on our distribution list? Have a question about Falcon’s digital mortgage advisory services? Send us a note at [email protected]

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The Falcon View Podcast


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MISMO, the real estate finance industry's standards organization, has recognized Falcon Capital Advisors as one of the first recipients of the MISMO Certified Consultant designation. This designation showcases Falcon Capital Advisors' expertise in MISMO standards and their commitment to supporting the MISMO community, enabling them to provide top-tier end-to-end transformation services to their clients.

Falcon Digital Mortgage View


“Leadership is the art of seeing the invisible” – Jonathan Swift I was thinking of that quote the other day as I was reading about the recent blockchain transaction between Figure Lending and Apollo. To me, the nature of the eNote mortgages on-boarded as unique digital assets and the use of blockchain in their transfer […]