January & February electronic recording statistics

The percentage of documents being recorded electronically is down from the same time last year.  I don't think the decline is related to electronic recording.  I think it's a consequence of the decline in refinancings.  That's because the document types most often recorded electronically are mortgages and discharges.  When the volume of those two goes down in proportion to all other document types - which has been the case for several months - the percentage of electronic recordings goes down similarly.

In January 2014, we recorded a total of 3,919 documents.  Of those, 1,373 were recorded electronically.  That's an average of 35%.  In January 2013, we recorded a total of 6,064 documents.  Of those, 2,499 were recorded electronically.  That's an average of 41%.

In February 2014, we recorded a total of 3,382 documents.  Of those, 1,126 were recorded electronically.  That's an average of 33%.  In February 2013, we recorded a total of 5,218 documents.  Of those, 2,084 were recorded electronically.  That's an average of 40%.