Mortgage software provider Dark Matter Technologies is making electronic closing capabilities available on another of its loan-origination systems through a new agreement with Wolters Kluwer.
The technology firm will offer e-closings on the Nova LOS platform, a system it added to its product suite alongside its primary Empower origination system in the latter half of 2024. Touted as a plug-and-play offering better suited for small to mid-sized financial institutions and independent mortgage banks, Nova formerly belonged to an affiliated business of Dark Matter’s parent company, Constellation Software.
“With this capability, lenders can deliver an entirely new level of convenience and efficiency,” said Sean Dugan, the chief executive officer of Dark Matter Technologies, in a press release.
“This saves time and money for lenders while allowing them to engage in secondary market activities and gives homebuyers the convenience of faster closings at the time and place of their choosing.”
What the new integration brings
E-close functions will be provided through technology belonging to Wolters Kluwer. The addition gives lenders and other parties in mortgage originations the opportunity to take advantage of hybrid closing processes as well as participate in both in-person and remote online notarizations.
Nova users will also be able to sign and submit e-notes to investor platforms safely and compliantly through the LOS, Dark Matter said. Industry players see the pace of e-note adoption picking up, with use set to triple from current levels by 2028.
“By adding flexible, modern e-closing options to Nova LOS, Dark Matter is putting lenders on a fast track to a fully digital future,” added Shreya Shankar, vice president of partnerships at Wolters Kluwer financial and corporate compliance.
While borrowers have long complained about the length of time it takes to close a mortgage, 2025 research by Snapdocs and National Mortgage News showed lenders rapidly ramping up their pace of adoption of digital tools to help expedite the process. Almost half of all lenders indicated they would like to further boost the number of hybrid loan closings in their pipeline.
Wolters Kluwer’s new integration with Nova is similar to an arrangement to serve clients using Empower, Dark Matter said.
The new upgrade, though, marks another strategy move by Dark Matter towards developing and growing the market for the Nova LOS in 2025. Earlier this year, the Jacksonville, Florida-based technology firm added a servicing platform, which also previously belonged to the Constellation Software affiliate, to work alongside the Nova system. Already integrated with Nova, Dark Matter said it also intends to align it to work with Empower.
