
Mortgage software provider Dark Matter Technologies is making electronic closing capabilities available on another of its loan-origination systems through a new agreement with Wolters Kluwer.
The technology firm will offer e-closings on the Nova LOS platform, a
"With this capability, lenders can deliver an entirely new level of convenience and efficiency,"
"This saves time and money for lenders while allowing them to engage in secondary market activities and gives homebuyers the convenience of faster closings at the time and place of their choosing."
What the new integration brings
E-close functions will be provided through technology belonging to Wolters Kluwer. The addition gives lenders and other parties in mortgage originations the opportunity to take advantage of hybrid closing processes as well as participate in both in-person and
Nova users will also be able to
"By adding flexible, modern e-closing options to Nova LOS, Dark Matter is putting lenders on a fast track to a fully digital future," added Shreya Shankar, vice president of partnerships at Wolters Kluwer financial and corporate compliance.
While borrowers have long complained about the length of time it takes to close a mortgage, 2025 research by Snapdocs and National Mortgage News showed lenders
Wolters Kluwer's new integration with Nova is similar to an arrangement to serve clients using Empower, Dark Matter said.
The new upgrade, though, marks another strategy move by Dark Matter towards developing and growing the market for the Nova LOS in 2025. Earlier this year, the Jacksonville, Florida-based technology firm added a