CoreLogic Deploys eSignSystems for Streamlined Electronic

CoreLogic Deploys eSignSystems for Streamlined Electronic Signing
Throughout Loan Modification Process 
Simplify Compliance With "Single Point of Contact" Using Online
SigningRoom 
LEE, MA -- (Marketwire) -- 12/05/12 --   eSignSystems, a division of
Wave Systems Corp. (NASDAQ: WAVX), today announced that CoreLogic(R)
has launched AuthoSign(TM), a comprehensive electronic document
management and signing capability built upon eSignSystems technology.
AuthoSign is a custom deployment of eSignSystems' SmartSAFE
electronic signing and management software that has been integrated
directly into IntelliMods(TM), a complete loan modification
decisioning solution from CoreLogic. CoreLogic is a leader in
providing comprehensive data, analytics and services to financial
services and real estate professionals.  
CoreLogic provides tremendous time and cost savings through its
automated and customizable loan modification decisioning and delivery
solution. IntelliMods from CoreLogic can upload a single loan or an
entire loan portfolio within minutes to qualify loan modifications,
output documents, and send them to the borrower. This presents
significant cost savings for the mortgage banking industry, which has
completed more than 5.82 million permanent loan modifications since
2007 as reported by HOPE NOW. 
The AuthoSign integration with IntelliMods shortens the loan
modification process by several days, and even weeks, for significant
time and cost savings over traditional paper-based loan modification
decisioning systems. Additionally, AuthoSign tracks and creates
action alerts for each individual participating in the mortgage
process and hosts the entire signing ceremony online. Every
transaction is logged for retrieval by IntelliMods, ensuring
comprehensive tracking of every user and signer's activity within
AuthoSign. Additionally, management of the entire process is even
easier with the detailed tracking, compliance and alerts. This
simplifies and speeds up the loan modification process, and keeps all
stakeholders informed on the status of the loan modification
decisioning and signings. 
"CoreLogic is committed to increasing quality and reducing cost and
turnaround time for our clients," said Sapan Bafna, Senior Director
at CoreLogic. "By including the eSignSystems' technology as part of
CoreLogic IntelliMods, we can offer our customers an easy to use and
secure electronic SigningRoom. Plus, AuthoSign tracks electronic
documents throughout their lifecycle, and creates an enforceable,
legally-binding electronic record." 
Maintaining an electronically signed record is essential to the
integrity of a legally binding transaction. With AuthoSign, all
records are verified and authenticated from eDelivery through
eSignature and eRetention. This ensures that the access or signing
credential (i.e., digital certificate, username or password) is
verified and that the records remain free from tampering.
Additionally, AuthoSign continuously updates the status of the loan
modification's execution for real-time reporting.  
AuthoSign also supports signer access to electronically signed
documents as required by the ESIGN act. To meet the ESIGN act's legal
and compliance requirements, users may access and print certified
copies, while the actual archived, eSigned document is left
untouched. Authorized individuals can manage, search, transfer and
share electronic files, signed or unsigned, via the Web. All records
are available to all interested parties in a secure and compliant
environment. 
"With the Treasury Department requiring a Single Point of Contact for
all loan modifications, AuthoSign provides IntelliMods with a secure
and compliant tool to manage, track and execute every aspect of the
loan modification process, with audit trails from the beginning to
the end of the transaction," said Kelly Purcell, EVP of eSignSystems.
"CoreLogic even broke new ground as the first integrator to utilize a
powerful new PDF text tagging feature of the SigningRoom, which
expands their customers' ability to effectively identify and sign
within PDF documents." 
By integrating eSignSystems SmartSAFE technology into the IntelliMods
loan modification decisioning solution, CoreLogic is providing better
security and privacy for all parties involved in the transaction. In
addition, traditional document transportation and storage costs are
reduced dramatically, and the cycle time of loan modification is
reduced by days or even weeks. 
About CoreLogic
 CoreLogic (NYSE: CLGX) is a leading residential
property information, analytics and services provider in the United
States and Australia. Our combined data from public, contributory and
proprietary sources spans over 700 million records across 40 years
including detailed property records, consumer credit, tenancy, hazard
risk and location information. The markets CoreLogic serves include
real estate and mortgage finance, insurance, capital markets,
transportation and government. We deliver value to our clients
through unique data, analytics, workflow technology, advisory and
managed services. Our clients rely on us to help identify and manage
growth opportunities, improve performance and mitigate risk.
Headquartered in Irvine, Calif., CoreLogic operates in seven
countries. 
About eSignSystems
 eSignSystems, a division of Wave Systems Corp.
(NASDAQ: WAVX), is a leading provider of lifecycle management of
electronically signed, legally binding documents, contracts and
digital transactions. SmartSAFE enables companies to manage business
processes and transactions entirely online. Organizations can address
certain regulatory compliance issues, improve productivity and
efficiency in processing transactions, and achieve significant cost
savings through the elimination of document transportation costs,
processing and storage. For more information, visit
www.esignsystems.com. 
Safe Harbor for Forward-Looking Statements
 Except for the statements
of historical fact, the information presented herein constitutes
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or
achievements of the company to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statements. Such factors include general
economic and business conditions, the ability to fund operations, the
ability to forge partnerships required for deployment, changes in
consumer and corporate buying habits, chip development and
production, the rapid pace of change in the technology industry and
other factors over which Wave Systems Corp. has little or no control.
Wave Systems assumes no obligation to publicly update or revise any
forward-looking statements. 
All brands are the property of their respective owners. 
Contacts:
Public Relations
Mike Schultz
Message Infusion, LLC
978-496-1012
mike@messageinfusion.com 
Company
David Hunter
eSignSystems
609-297-4037
dhunter@esignsystems.com 
 
 
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