Bank of America is now auditing short sale files with E-signatures for compliance with their policies. The good news is they are stating they allow electronic signatures in black and white! I just received the following email from the Bank of America Business Integration Division.  It states they are:

"tasked with reviewing files where electronic signatures have been utilized in the processing of any short sale or legal documents.

Electronic signatures are fine to use and allowed per our bank policy however we must ensure that each electronic signature meets the Bank of America policy requirements,  so to help me determine that the electronic signatures in this transaction are following policy I will need to obtain the information below from you to further my review.    If you can provide this information for me as soon as possible it will help me to complete my review and move on to other files.

Information Needed

1. Who is the E-Signature service provider the seller is using for the E-signature?  Please provide Name, Address,  & Phone Number.

2. What are the E-signature service provider’s criteria when someone requests an E-Signature,  what information is requested to confirm the information of the requester prior to approving an E-Signature?"

I replied to the email with a link to Docusign's contact information and their approach to ensuring the integrity of electronic signatures.https://www.docusign.com/sites/default/files/videos/WP_Legality_of_...