COVID-19 has forced many aspects of day-to-day life to go remote, and in the case of e-signature use in the mortgage space, the impact may already be rippling out. However, the biggest changes may not be to existing e-signature laws, but the people and processes that make up the mortgage ecosystem.

Margo Tank, U.S. co-chair of the financial services sector at DLA Piper, indicated that the adoption rate of e-signatures by the various entities comprising the mortgage ecosystem has grown throughout the last three to five years as people have become more comfortable with the technology and processes required. But she also noted that the surge in remote working associated with the COVID-19 outbreak over the last three weeks has accelerated the adoption base as well.