We continue testing the electronic recording system. This system has only been in operation in other states for less than a year and much of its design was heavily influenced by large banks and title companies in other parts of the country. Consequently, the customer interface is a bit foreign to the typical Massachusetts conveyancer. Recording a residential sale - an MLC, deed, mortgage, assignment and homestead - can be done, but it’s a bit tricky. That’s the type of transaction we’re still looking at, trying to make it easier to use. In the meantime, filing individual mortgages, assignments or discharges couldn’t be easier, so it looks like we might transition to live recording in phases, inviting national banks and mortgage companies that send most of their documents through the mail to use the electronic recording system first. We hope to start that, at least, soon after the start of the fiscal year on July 1.
