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Come Fly With Us

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

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Come Fly With Us

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  1. Come Fly With Us

  2. History ERER Task Force Formation and Work MN Electronic Recording Standards 3 Document Types Satisfaction Certificate of Release Assignment of Mortgage

  3. Minnesota Pilot Counties

  4. 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

  5. Question?

  6. With this?

  7. With this?

  8. Why not try this?

  9. 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?

  10. Answer: Did you say yes to one or more of the preceding questions? Do we have the ticket for you!

  11. How to begin • There are just a few decisions you need to make to begin your flight.

  12. Pre-flight Check 1. Set up a project plan 2. Choose a target county 3. Commit to be a Trusted Submitter 4. Test 5. eRecord!

  13. Flight Plan • Form a Flight Crew - IT Staff - Office Staff Involved in the Recording Process - Management - Legal Counsel/Staff

  14. Flight Plan: Review B. It begins with “IT” • Review MN Schema Document Types • Review MN Communication Protocol • Review Style Sheet

  15. Flight Plan: Review(Continued) • Review Company Fleet (Hardware) • Review Flight Instruments (Software Options) • Review Flight Plans (Document Processes with Recording Department Staff)

  16. Flight Plan: Assess

  17. Flight Plan: Assess (Continued) Software Options - Internal Development - Purchase Software Package - Contract Process Out Conduct Cost Assessment of each

  18. Flight Plan: Decide • Chose your Flight Path!

  19. 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

  20. Statement of Commitment • Commitment between County and Trusted Submitter • Defines Parties and Terms • Commitments, Expectations, Communications • MN Standards

  21. Who are my passengers?

  22. Who are my passengers? • Local, State and National • Title Companies • Recording Service Providers • Banks and Mortgage Companies • Attorneys • Realtors

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