Mortgage Connect Combines Stavvy® and Simply Secure Sign® to Create Comprehensive Digital Mortgage Platform
Mortgage Connect, LP has acquired a majority interest in the Stavvy platform and plans to integrate it with its existing eClosing solution, Simply Secure Sign. The merger aims to create an end-to-end digital closing platform that combines remote online notarization (RON), SMART Doc® generation, eNote execution, eVault custody, MERS eRegistry registration, and more. This integration is expected to streamline the mortgage process by reducing reliance on multiple vendors for different parts of a transaction. The new platform will offer lenders a single solution from closing eligibility through digital execution and collateral management, enhancing efficiency and lowering costs while maintaining compliance and improving consumer experience. Mortgage Connect currently serves 19 of the top 20 U.S. lenders and servicers across origination, servicing, and default processes. The combined platform is positioned to accelerate the industry's shift toward fully digital mortgage execution by providing a seamless ecosystem for purchase, refinance, home equity, and loss mitigation transactions.
Topics: Digital Closing Platforms eClosing Solutions Mortgage Technology