---
title: CFPB finds electronic closings benefit consumer
description: CFPB's e-closings pilot report reveals that electronic closings enhance consumer understanding, promoting transparency in document reviews.
---

**800-848-0143** Request a Demo

[Contact Us](http://softprocorp.flywheelsites.com/contact-us/)[Blog](https://blog.softprocorp.com/?__hstc=190569908.2565e5b7b5a67b3a02e01a942807fecd.1514783189296.1514783189296.1514788403894.2&__hssc=190569908.1.1514788403894&__hsfp=2437171227)[Careers](http://softprocorp.flywheelsites.com/about/careers/) <http://www.facebook.com/pages/SoftPro/119324808097753> <https://twitter.com/SoftProSoftware> <http://www.linkedin.com/company/softpro> <https://www.youtube.com/channel/UCC7dedahBV3oQSGTbdeDpEw/featured?view_as=public> <https://www.instagram.com/softpro>  Search [MySoftPro Login](https://my.softprocorp.com/?__hstc=190569908.2565e5b7b5a67b3a02e01a942807fecd.1514783189296.1514783189296.1514788403894.2&__hssc=190569908.1.1514788403894&__hsfp=2437171227)

 SEARCH BLOGS  SEARCH ALL

[![softpro logoMain](https://blog.softprocorp.com/hubfs/softpro-logo.svg)](https://softprocorp.com/)

- [Products](https://www.softprocorp.com/real-estate-software-solutions/) 
    - [Overview](https://www.softprocorp.com/real-estate-software-solutions/)
    - [Standard](https://www.softprocorp.com/real-estate-software-solutions/softpro-standard/)
    - [Select](https://www.softprocorp.com/real-estate-software-solutions/softpro-select/)
    - [Hosted](https://www.softprocorp.com/real-estate-software-solutions/softpro-hosted-software/)
    - [SoftPro 360 Integrations](https://www.softprocorp.com/real-estate-software-solutions/softpro-360-data-integration/)
    - [ClosingsLIVE](https://www.softprocorp.com/closingslive)
    - [SoftPro Sign](https://www.softprocorp.com/real-estate-software-solutions/softpro-sign/)
    - [SoftPro Banking](https://www.softprocorp.com/real-estate-software-solutions/softpro-banking/)
    - [Eclosings](https://www.softprocorp.com/real-estate-software-solutions/eclosings/)
    - [Product Quiz](https://www.softprocorp.com/product-quiz/)
- [Services](https://www.softprocorp.com/about/#) 
    - [Overview](https://www.softprocorp.com/software-services/)
    - [Maintenance](https://www.softprocorp.com/software-services/software-maintenance/)
    - [SoftPro Protect](https://www.softprocorp.com/real-estate-software-solutions/softpro-protect/)
    - [SoftPro Consulting](https://www.softprocorp.com/software-services/softpro-consulting/)
    - [Reconciliation Reports & Services](https://www.softprocorp.com/software-services/reconciliation-services/)
    - [Development](https://www.softprocorp.com/software-services/custom-development/)
    - [Reports & Docs](https://www.softprocorp.com/software-services/custom-reports-and-docs/)
    - [Regulatory & Compliance](https://www.softprocorp.com/software-services/regulatory-and-compliance/)
- [Training](https://www.softprocorp.com/about/#) 
    - [Overview](https://www.softprocorp.com/softpro-training/)
    - [Web-Based](https://www.softprocorp.com/softpro-training/web-based-training/)
    - [Onsite](https://www.softprocorp.com/softpro-training/onsite-training/)
    - [Training Seminars](https://www.softprocorp.com/softpro-training/training-seminars/)
    - [Free Trainings](https://blog.softprocorp.com/webinars)
    - [Saved You a Seat](https://www.softprocorp.com/softpro-training/saved-you-a-seat/)
- [Support](https://www.softprocorp.com/about/#) 
    - [Overview](https://www.softprocorp.com/softpro-support/)
    - [Underwriter Documents & Downloads](https://www.softprocorp.com/resources/underwriting-documents/)
    - [Remote Support](https://www.softprocorp.com/softpro-online-support/)
- [About](https://www.softprocorp.com/about/#) 
    - [Contact Us](https://www.softprocorp.com/contact-us/)
    - [Overview](https://www.softprocorp.com/about/)
    - [Leadership](https://www.softprocorp.com/about/management-team/)
    - [Corporate Citizenship & Social Responsibility](https://www.softprocorp.com/about/corporate-citizenship/)
    - [Careers](https://www.softprocorp.com/about/careers/)
    - [History](https://www.softprocorp.com/about/history/)
    - [Blog](https://blog.softprocorp.com/?__hstc=190569908.2565e5b7b5a67b3a02e01a942807fecd.1514783189296.1514788403894.1514795107582.3&__hssc=190569908.3.1514795107582&__hsfp=2437171227)
- [Testimonials](https://www.softprocorp.com/about/case-studies-testimonials/)

[![softpro logoMain](https://blog.softprocorp.com/hubfs/softpro-logo.svg)](https://softprocorp.com/)

**800-848-0143** Request a Demo

<http://www.facebook.com/pages/SoftPro/119324808097753> <https://twitter.com/SoftProSoftware> <http://www.linkedin.com/company/softpro> <https://www.youtube.com/channel/UCC7dedahBV3oQSGTbdeDpEw/featured?view_as=public> <https://www.instagram.com/softpro>  Search

 SEARCH BLOGS  SEARCH ALL

Search

- [Products](https://www.softprocorp.com/real-estate-software-solutions/) 
    - [Overview](https://www.softprocorp.com/real-estate-software-solutions/)
    - [Standard](https://www.softprocorp.com/real-estate-software-solutions/softpro-standard/)
    - [Select](https://www.softprocorp.com/real-estate-software-solutions/softpro-select/)
    - [Hosted](https://www.softprocorp.com/real-estate-software-solutions/softpro-hosted-software/)
    - [SoftPro 360 Integrations](https://www.softprocorp.com/real-estate-software-solutions/softpro-360-data-integration/)
    - [ClosingsLIVE](https://www.softprocorp.com/closingslive)
    - [SoftPro Sign](https://www.softprocorp.com/real-estate-software-solutions/softpro-sign/)
    - [SoftPro Banking](https://www.softprocorp.com/real-estate-software-solutions/softpro-banking/)
    - [Eclosings](https://www.softprocorp.com/real-estate-software-solutions/eclosings/)
- [Services](https://www.softprocorp.com/about/#) 
    - [Overview](https://www.softprocorp.com/software-services/)
    - [Maintenance](https://www.softprocorp.com/software-services/software-maintenance/)
    - [SoftPro Protect](https://www.softprocorp.com/real-estate-software-solutions/softpro-protect/)
    - [SoftPro Consulting](https://www.softprocorp.com/software-services/softpro-consulting/)
    - [Reconciliation Reports & Services](https://www.softprocorp.com/software-services/reconciliation-services/)
    - [Development](https://www.softprocorp.com/software-services/custom-development/)
    - [Reports & Docs](https://www.softprocorp.com/software-services/custom-reports-and-docs/)
    - [Regulatory & Compliance](https://www.softprocorp.com/software-services/regulatory-and-compliance/)
- [Training](https://www.softprocorp.com/about/#) 
    - [Overview](https://www.softprocorp.com/softpro-training/)
    - [Web-Based](https://www.softprocorp.com/softpro-training/web-based-training/)
    - [Onsite](https://www.softprocorp.com/softpro-training/onsite-training/)
    - [Training Seminars](https://www.softprocorp.com/softpro-training/training-seminars/)
    - [Free Trainings](https://blog.softprocorp.com/webinars)
    - [Saved You a Seat](https://www.softprocorp.com/softpro-training/saved-you-a-seat/)
- [Support](https://www.softprocorp.com/about/#) 
    - [Overview](https://www.softprocorp.com/softpro-support/)
    - [Underwriter Documents & Downloads](https://www.softprocorp.com/resources/underwriting-documents/)
    - [Remote Support](https://www.softprocorp.com/softpro-online-support/)
- [About](https://www.softprocorp.com/about/#) 
    - [Contact Us](https://www.softprocorp.com/contact-us/)
    - [Overview](https://www.softprocorp.com/about/)
    - [Leadership](https://www.softprocorp.com/about/management-team/)
    - [Corporate Citizenship & Social Responsibility](https://www.softprocorp.com/about/corporate-citizenship/)
    - [Careers](https://www.softprocorp.com/about/careers/)
    - [History](https://www.softprocorp.com/about/history/)
    - [Blog](https://blog.softprocorp.com/?__hstc=190569908.2565e5b7b5a67b3a02e01a942807fecd.1514783189296.1514788403894.1514795107582.3&__hssc=190569908.3.1514795107582&__hsfp=2437171227)
- [Testimonials](https://www.softprocorp.com/about/case-studies-testimonials/)
- [Contact Us](https://www.softprocorp.com/contact-us/)
- [Blog](https://blog.softprocorp.com/)
- [Careers](https://www.softprocorp.com/about/careers/)
- [MySoftPro Login](https://my.softprocorp.com/Login?ReturnUrl=%2F%3F__hstc%3D190569908.2565e5b7b5a67b3a02e01a942807fecd.1514783189296.1514864755853.1514869798011.8%26__hssc%3D190569908.1.1514869798011%26__hsfp%3D2437171227&__hstc=190569908.2565e5b7b5a67b3a02e01a942807fecd.1514783189296.1514864755853.1514869798011.8&__hssc=190569908.1.1514869798011&__hsfp=2437171227)

[![softpro](https://blog.softprocorp.com/hs-fs/hubfs/Softprocorp%20Jan2018%20January2018%20Theme/images/logoMain.png?width=186&height=72&name=logoMain.png "logoMain.png")](http://softprocorp.flywheelsites.com/)

##### Request A Demo

×

Close

##### Contact Sales

×

Close

# SoftPro Blog

[Back to Blog](https://blog.softprocorp.com/)

9/21/15, 10:59 AM

# CFPB finds electronic closings benefit consumer

Posted by [SoftPro](https://blog.softprocorp.com/author/leslie.wyattsoftprocorp.com) on 9/21/15, 10:59 AM

- [Tweet](https://twitter.com/share)

On August 5th the CFPB issued a report on their e-closings pilot stating that consumers reported a better understanding of their closing documents when utilizing e-closings.  Giving the consumer the ability to review documents before closing allows for time for questions to be addressed prior to sitting down at the closing table.  Read more on the CFPB study by clicking on the link below:

[e-closing study results](http://www.consumerfinance.gov/newsroom/cfpb-study-finds-electronic-mortgage-closings-can-benefit-consumers/)

 Topics: [Regulatory and Compliance](https://blog.softprocorp.com/topic/regulatory-and-compliance)

#### Stay up-to-date on the information about industry regulatory requirements, events, customer successes, company updates, and more!

### Subscribe to Email Updates

### Recent Posts

[see all](https://blog.softprocorp.com/)

 

### Posts by Topic

- [Regulatory and Compliance (243)](https://blog.softprocorp.com/topic/regulatory-and-compliance)
- [Integrations (82)](https://blog.softprocorp.com/topic/integrations)
- [Saved You a Seat Webinars (74)](https://blog.softprocorp.com/topic/saved-you-a-seat-webinars)
- [Guides & E-books (67)](https://blog.softprocorp.com/topic/guides-e-books)
- [Testimonials & Case Studies (66)](https://blog.softprocorp.com/topic/testimonials-case-studies)
- [Best Practices (61)](https://blog.softprocorp.com/topic/best-practices)
- [Webinars (61)](https://blog.softprocorp.com/topic/webinars)
- [Company News (55)](https://blog.softprocorp.com/topic/company-news)
- [Events (40)](https://blog.softprocorp.com/topic/events)
- [Technology (21)](https://blog.softprocorp.com/topic/technology)
- [Reconciliation (16)](https://blog.softprocorp.com/topic/reconciliation)
- [1099 (11)](https://blog.softprocorp.com/topic/1099)
- [FinCEN (9)](https://blog.softprocorp.com/topic/fincen)
- [SoftPro Select (7)](https://blog.softprocorp.com/topic/softpro-select)
- [ClosingsLIVE (5)](https://blog.softprocorp.com/topic/closingslive)
- [Commercial (1)](https://blog.softprocorp.com/topic/commercial)

see all

## Ready to streamline your closing, title and escrow process?

Contact Sales 

or call us at 800.848.0143

![softpro logoMain](https://blog.softprocorp.com/hs-fs/hubfs/Softprocorp%20Jan2018%20January2018%20Theme/images/softpro%20logoMain.png?width=185&height=72&name=softpro%20logoMain.png)

© 2026

### Contact

800.848.0143  
4800 Falls of Neuse Rd  
Suite 600  
Raleigh, NC 27609

[Directions](http://softprocorp.flywheelsites.com/contact/)

### Email

[General](mailto:connect@softprocorp.com)  
[Sales](mailto:sales@softprocorp.com)  
[Support](mailto:support@softprocorp.com)  
[Training](mailto:trainingadmin@softprocorp.com)  
[Consulting](mailto:consulting@softprocorp.com)

### Connect

<http://www.facebook.com/pages/SoftPro/119324808097753> <https://twitter.com/SoftProSoftware> <http://www.linkedin.com/company/softpro> <https://www.youtube.com/channel/UCC7dedahBV3oQSGTbdeDpEw/featured?view_as=public> <https://www.instagram.com/softpro>

### Sign up to stay in touch

### Quick Links

- [Products](http://www.softprocorp.com/real-estate-software-solutions/)
- [Software Services](http://www.softprocorp.com/software-services/)
- [Training Solutions](http://www.softprocorp.com/softpro-training/)
- [SoftPro Support](http://www.softprocorp.com/softpro-support/)
- [Underwriter Documents & Downloads](http://www.softprocorp.com/resources/underwriting-documents/)
- [About](http://www.softprocorp.com/about/)
- [Careers](http://www.softprocorp.com/about/careers/)
- [Blog](https://blog.softprocorp.com/?__hstc=190569908.2565e5b7b5a67b3a02e01a942807fecd.1514783189296.1514795107582.1514798595244.4&__hssc=190569908.10.1514798595244&__hsfp=2437171227)
- [Privacy Notice](https://fnf.com/privacy-and-security/)
- [Terms of Service](https://fnf.com/terms-of-use)
- [Accessibility](http://www.softprocorp.com/accessibility/)
- [California Privacy Policy](https://fnf.com/CaliforniaPrivacy)

 

[Website design & development](http://www.everest-agency.com) by [Everest Agency](http://www.everest-agency.com)

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "SoftPro",
    "url" : "https://blog.softprocorp.com/author/leslie.wyattsoftprocorp.com"
  },
  "dateModified" : "2023-10-17T23:01:40.374Z",
  "datePublished" : "2015-09-21T14:59:44.000Z",
  "headline" : "CFPB finds electronic closings benefit consumer",
  "mainEntityOfPage" : {
    "@id" : "https://blog.softprocorp.com/2015/09/21/cfpb-finds-electronic-closings-benefit-consumer",
    "@type" : "WebPage"
  },
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "url" : "https://blog.softprocorp.com/hubfs/SoftPro_nosubtext-1.png"
    },
    "name" : "SoftPro"
  }
}
```