We've used electronic recording here with great success since 2005. Last summer we hit a high point of our volume when more than 38% of our recordings arrived electronically. There was a slight decline in that percentage towards the end of the year that coincided with the drop in refinancings. The most popular documents to be recorded electronically are mortgages and discharges so when the overall volume of those two documents declined, so did the percentage of electronic recordings.
The lull is probably good because in the next few months, all of the registries of deeds in Massachusetts that do not yet use electronic recording will be installing it. The goal is to have all active by the end of June 2014. Once all registries make the service available, I suspect the number of customers using the technology will rise.