OriginPoint, a digitally driven mortgage origination joint venture between Compassand Guaranteed Rate, is now live with fully digital eClosing from Stavvy. OriginPoint is the first of Guaranteed Rate’s brands to go live with Stavvy since the partnership was announced in October 2022.
This is OriginPoint’s first foray into eClosin.
“Nothing is more important than providing our customers with the best experience possible,” Leo Moranti, senior vice president of national closing operations at OriginPoint, said in a release. “Today’s borrowers demand technology that alleviates pain points commonly encountered during closing. There’s an opportunity to digitize traditional, paper-based closings and make the entire process more efficient. OriginPoint’s partnership with Stavvy delivers a different level of convenience and flexibility by offering fully digital transactions. There’s also the added peace of mind that every closing is safe and secure. We’re excited about the experience this delivers to borrowers.”
The Stavvy digital mortgage platform is designed to simplify and maximize mortgage lending, real estate, and legal workflows. Servicers, originators, title and settlement agents, and real estate lawyers can improve operational efficiency and collaborate in real-time through the platform. With Stavvy, Guaranteed Rate companies will be leveraging features including eSign, remote online notarization (RON), and eNote.
Heidi Minyen, vice president of closing at title underwriter Advocus National Title Insurance Co., and its subsidiary, Advocus Title Agency, described her experience using Stavvy to close OriginPoint’s first eClosing transaction.
“Implementing the Stavvy platform into our closing process at Advocus Title Agency was simple and seamless because Stavvy supported us every step of the way,” she said. “We’re looking forward to executing more digital closings and delivering the benefits to both our business and customers. It’s undeniable how going digital creates a superior closing experience for everyone involved.”
Stavvy CEO Kosta Ligris added, “We are very excited to power OriginPoint’s eClosing solution. OriginPoint is a byproduct of two companies that are committed to technological innovation and providing borrowers and other stakeholders with a best-in-class customer experience. Compass and Guaranteed Rate have always been at the forefront of technology powering experience and efficiencies. Stavvy is proud to provide them with the tools to execute these strategies and become a leader in eClosing options for their customers.”