NotaryCam, a Stewart-owned company, announced it is partnering with mortgage subservicer Dovenmuehle Mortgage Inc. and Texas-based law firm RUTH RUHL, P.C. to offer remote online notarization (RON) services for loan modification agreements. This collaboration aims to modernize the loss mitigation process by improving efficiency, reducing cost and friction and enhancing the borrower experience.
Using NotaryCam’s RON platform, Dovenmuehle and RUTH RUHL, P.C. facilitate compliant, real-time digital notarization of loan modification documents. This eliminates the need for borrowers to attend in-person appointments or coordinate time windows with traditional notaries.
“Adding RON to the loss mitigation toolkit doesn’t just simplify the process for borrowers, it creates tangible operational and financial benefits for servicers and their clients,” NotaryCam President and CEO Brian Webster said in a release. “By enabling faster turnaround of notarized documents, RON helps servicers meet critical deadlines, limit the accrual of daily interest costs tied to warehouse lines and support more effective hedge execution for lenders.”
For subservicers and legal partners supporting lenders and investors, every day a loan modification is delayed can increase carrying costs, create liquidity strain and risk falling outside of securitization or repooling timelines. RON shortens these cycles by eliminating common bottlenecks associated with traditional notarization.
“At Dovenmuehle, we’re focused on streamlining operations in ways that empower borrowers and protect our clients’ bottom line,” Dovenmuehle Senior Vice President of Default Servicing Ron Malik said. “Partnering with NotaryCam and RUTH RUHL, P.C. supports our ongoing effort to enhance loss mitigation servicing with tools and technologies that make a meaningful difference without compromising compliance.”
“This partnership is rooted in shared values, efficiency, integrity and exceptional customer service,” RUTH RUHL, P.C President and founder Ruth Ruhl said. “With NotaryCam’s platform, we’ve significantly reduced turn times and seen strong feedback from both servicers and borrowers. It’s clear that RON is the future of loss mitigation, and we’re proud to help lead that evolution.”
Dovenmuehle plans to expand its use of NotaryCam’s platform across its client base. NotaryCam’s solution is currently available in all states where RON is authorized, which includes 45 states and the District of Columbia.