Stavvy’s eSigning and eClose solutions now are available through ICE Mortgage Technology’s Encompass digital lending platform, the company announced.
The integration enables lenders to access Stavvy’s solutions directly through Encompass. Stavvy’s eClose functionalities allow most real estate closing documents to be eSigned, requiring only one in-person or virtual meeting for the promissory note and select documents that require notarization depending on the jurisdictional requirements and laws.
Stavvy said in-person closings that used to last hours now can be completed in 10 to 15 minutes. Stavvy said its eClose tools allow closing agents to perform hybrid closings in addition to remote ink-signed notarizations.
“Stavvy is delighted to partner with ICE Mortgage Technology,” Stavvy cofounder Kosta Ligris said in a release. “Our secure, seamless integration with the Encompass digital lending platform provides lenders on Encompass with direct access to our eClose platform, which enables them to efficiently and securely deploy digital transformation with title and settlement providers.”
Encompass empowers lenders and investors to engage homebuyers to originate, close, sell and purchase loans from a single system of record.
“ICE Mortgage Technology is at the forefront of innovation in the real estate mortgage industry, and we are proud to be a part of that,” Stavvy cofounder Josh Feinblum said. “This integration elevates and expands Stavvy’s platform, and we are excited about the future of digital mortgage transactions.”