BOSTON, January 12, 2021 (GLOBE NEWSWIRE) – Stavvy, the fully integrated digital mortgage platform, announced that its electronic signature and electronic closure solutions are now available through ICE Mortgage Technology’s Encompass® digital lending platform. The seamless integration allows lenders to access Stavvy’s solutions directly through the Encompass digital lending platform to improve the quality and efficiency of the loan origination process.

With Stavvy’s eClose features, the majority of real estate closing documents can be signed electronically, requiring only one in-person or virtual meeting for the promissory note and certain documents requiring notarization depending on jurisdictional requirements and laws. By simplifying and speeding up these processes, in-person closings that lasted for hours can now be completed seamlessly in 10 to 15 minutes. Stavvy’s native eClose tools allow closing agents to perform hybrid fences in addition to remote ink-signed (RIN) notarizations. Stavvy’s RIN product is available and widely used in markets that do not have standing laws for fully digital remote online (RON) notarization, such as New England, New York, and New Jersey. Stavvy’s native RON product is expected to be available in Q1 2021.

Ellie Mae, now ICE Mortgage Technology ™, a division of Intercontinental Exchange (NYSE: ICE), is the leading cloud-based loan origination platform provider for the mortgage industry. The Encompass digital lending platform enables lenders and investors to engage homebuyers and efficiently create, close, sell and buy loans that maximize their business’s return on investment, all from a single source. only recording system. The platform delivers a true digital mortgage experience across the entire mortgage workflow for every channel, every loan transaction and every type of customer.

“Stavvy is delighted to partner with ICE Mortgage Technology,” said Kosta Ligris, co-founder of Stavvy. “Our secure and seamless integration with the Encompass digital lending platform provides lenders on Encompass with direct access to our eClose platform, enabling them to effectively and securely deploy the digital transformation with securities providers and regulations. “

“ICE Mortgage Technology is at the forefront of innovation in the real estate mortgage industry, and we are proud to be a part of it. This integration elevates and expands Stavvy’s platform, and we are excited about the future of digital mortgage transactions, ”said Josh Feinblum, co-founder of Stavvy.

About Stavvy
Stavvy is a Boston-based, venture capital-backed financial technology company that designs platforms to manage security risks, eliminate fragmentation, and increase the speed and transparency of real estate transactions. The company’s mission is to create efficiency and security in the consumer loan / mortgage life cycle. Stavvy helps lenders and their supplier partners connect during the home loan underwriting and settlement process. Its software includes eClosing features such as remote signing and video conferencing tools that allow closing agents to conduct transactions remotely. To learn more, please visit www.stavvy.com

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