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Pavaso Partners with MBH Settlement Group for Digital Closings

Plano, TX, May 09, 2018 --(PR.com)-- Pavaso will collaborate with MBH, Virginia's largest settlement
services provider, to offer digital closings. Pavaso is the developer of the industry's only digital closing
platform that brings lender, title and borrower together in one single digital portal.

MBH has been rated as the top title insurance company in the Washington, D.C. metro area for three
consecutive years by the Washington Business Journal. The company has been serving clients since 1994
and boasts the largest service footprint in Virginia, with 18 offices stretching from McLean to Front
Royal and Fredericksburg.

“The Pavaso platform will help MBH give the lenders and REALTORs we work with a competitive
advantage with faster, more convenient and more secure closings,” said Fred Westerlund, CEO of MBH.
“Our relationship with Pavaso is just the latest example of how MBH is utilizing technology to provide
superior service to all of our clients across all of our markets.”

Pavaso's technology digitizes the process so that lenders can now provide a more complete loan package
and reduce errors by eliminating undersigning and over signing of the closing documents leading to lower
loan costs. Consumers have a transparent and convenient closing process because they (or their
REALTORs or loan officers) have access to the closing documents anywhere, on any device, prior to
closing. Pavaso's Digital Close platform is capable of producing hybrid closings (part ink, part digital) as
well as complete eNote and eVault transactions.

“Lenders and consumers alike are beginning to expect their service providers to offer a digital process,
and not just in name,” said Mark McElroy, CEO, Pavaso. “Convenience; efficiency; ease of
use...consumers now expect these things at closing. The traditional closing experience is no longer
defensible. MBH joins Pavaso in the belief that there is no legitimate reason every borrower, loan officer
and REALTOR cannot have a digital closing experience - even in regions where the law inhibits a totally
paperless process. With a hybrid closing option, virtually every mortgage loan closing can now be (at the
very least) mostly digital. More consumers are beginning to understand this. And more lenders are
beginning to demand it.”

About Pavaso
Texas-based Pavaso is transforming the mortgage process with radically innovative digital mortgage
closing technology facilitating fast, consistent, accurate and compliant closings every time. Pavaso offers
a single, collaborative, secure portal promoting transparency, efficiency, consumer education and
communication in a seamless format delivering value to every stakeholder involved in the transaction.
For more information on how you can streamline your process and digitally transform your organization,
call us at 866.288.7051 or visit www.pavaso.com.

About MBH

MBH is the largest title insurance and settlement services provider in Virginia. MBH has been rated as

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the top title insurance company in the Washington, D.C. metro area for three consecutive years by the
Washington Business Journal. The company has been serving clients since 1994 and boasts the largest
service footprint in Virginia, with 18 offices stretching from McLean to Front Royal and Fredericksburg.

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Contact Information:
MBH Settlement Group, L.C.
Beverly Franklin
703-277-6800
Contact via Email
www.mbh.com

Online Version of Press Release:


You can read the online version of this press release at: https://www.pr.com/press-release/753211

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