Come Fly With Us
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Come Fly With Us
description
Come Fly With Us. History. ERER Task Force Formation and Work MN Electronic Recording Standards 3 Document Types Satisfaction Certificate of Release Assignment of Mortgage. Minnesota Pilot Counties. Current Efforts. Stakeholders - Title Companies - PowerPoint PPT Presentation
Transcript of Come Fly With Us
Come Fly With Us
HistoryERER Task Force Formation and Work
MN Electronic Recording Standards
3 Document Types Satisfaction Certificate of Release Assignment of Mortgage
Minnesota Pilot Counties
Current Efforts
Stakeholders - Title Companies- Banks and Mortgage Companies- Recording Service Providers- County Recorders- County Auditors/Treasurers- County I.T. Staff
Need - Expansion beyond Initial Pilot Counties- Expansion beyond Initial Trusted Submitters
Trusted Submitter Guide and Process- Committee Formation - Work in Progress
Question?
With this?
With this?
Why not try this?
Question?Is Electronic Recording in Minnesota for you?
Do you:
Record a High Volume of Documents?Originate or Execute Documents?Intend to Develop Long Term eRecord Plan?Have Internal I.T. Staff?
Answer:Did you say yes to one or more of
the preceding questions?
Do we have the ticket for you!
How to begin• There are just a few
decisions you need to make to begin your flight.
Pre-flight Check1. Set up a project plan2. Choose a target county3. Commit to be a Trusted Submitter4. Test5. eRecord!
Flight PlanA. Form a Flight
Crew
- IT Staff- Office Staff Involved in the Recording Process- Management- Legal Counsel/Staff
Flight Plan: Review B. It begins with
“IT”• Review MN Schema
Document Types• Review MN
Communication Protocol
• Review Style Sheet
Flight Plan: Review(Continued)• Review Company Fleet (Hardware)• Review Flight Instruments (Software
Options)• Review Flight Plans (Document
Processes with Recording Department Staff)
Flight Plan: Assess
Flight Plan: Assess (Continued)Software Options
- Internal Development- Purchase Software Package- Contract Process Out
Conduct Cost Assessment of each
Flight Plan: Decide
• Chose your Flight Path!
Flight Plan (Continued)C. Identify Project Steps
- Check with Legal Counsel- Review Assessments- Develop Workflow Diagrams - Review Current Automated Process- Study Minnesota Schema- Consider Multi-State vs Single State Submissions- Consider Integration with Back System
Statement of Commitment
• Commitment between County and Trusted Submitter– Defines Parties and Terms– Commitments,
Expectations, Communications
– MN Standards
Who are my passengers?
Who are my passengers?• Local, State and National
– Title Companies – Recording Service Providers– Banks and Mortgage Companies– Attorneys– Realtors
