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Wisconsin and Minnesota See Early Electronic Recordings.(Brief Article)
U.S. Recordings here has recently completed the first electronic recording of a mortgage satisfaction document in Wisconsin as well as the second such recording in Minnesota.
The recordings were done using the recently adopted Electronic Real Estate Recording standards, the company said.
The two pilots were conducted with the Dane County, Wis., property records office and the Lyon County, Minn., property records office. Loan originator U.S. Bank was the lender that processed the satisfaction or certificate-of- release documents.
The transactions were part of phase one of a two-phase implementation.
U.S. Recordings' software, InteleDoc Plus, was used to file the satisfactions to each county. InteleDoc Plus is the "sender" software, sending information to the county recording office by integrating with a ...
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Source: HighBeam Research, Wisconsin and Minnesota See Early Electronic Recordings.(Brief...