1. Mortgage Loan or Mortgage contribute to major sections of this electronic transactions.Electronic
Mortgage or simply termed eMortgage were developed where the loan documentation is created,
executed, transferred and stored electronically. eMortgage uses digital signature for all its electronic
loan documentations. Because of its secure nature eMortgage is approved by Mortgage Industry
Standards Maintenance Organization (MISMO). eMortgage made the procedure of loan document
preparation which included Mortgage disclosure documentation and lending documents much
compliance. The electronic mortgage got much popularity in US as its made the whole process of
mortgage opening and closing documents including mortgage disclosures very conform which
includes the electronic signature and electronic delivery or simply termed as eSign and eDelivery , all
this eMortgage worked with the concept of smart document.