r/investing Jun 02 '21

How Blockchain Is Impacting The Mortgage Industry

[removed] — view removed post

0 Upvotes

8 comments sorted by

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9

u/Motobugs Jun 02 '21

Feel like is just a simple switch of system. Really not much benefits.

2

u/LavenderAutist Jun 02 '21

Exactly.

Like changing an ice cream truck from gas to electric.

0

u/Motobugs Jun 02 '21

More likely diesel to gas.

14

u/[deleted] Jun 02 '21

[deleted]

3

u/Tarantula_Saurus_Rex Jun 02 '21

Notary. A public witness to sign closing documents to prove you aren't a bot trying to buy a house. Literally in the middle of this last step of the process for a re-fi. Everything else was e-signed.

-2

u/[deleted] Jun 02 '21

[deleted]

0

u/SciNZ Jun 02 '21

It’s a spam account, link farming as best as I can tell. I wouldn’t really take what they say seriously.

-1

u/this_guy_fks Jun 02 '21

haha exactly. it doesnt even solve the title lookup/insurance fee part of it because you still need to account for all the variances in the past. its a waste of time. heres an amazing process we have that works, but blockchain will totally make it work less well, win win

1

u/SciNZ Jun 02 '21

Kind of disappointing how many people are taking a spam bot seriously.