eOriginal, Inc., the experts in digital transactions, and NotaryCam, the pioneering leader in online electronic notary service, today announced an interoperable partnership to add eNotarization capabilities, further streamlining eOriginal’s recently announced end-to-end digital mortgage platform. As one of the key innovations to eOriginal’s robust eMortgage ecosystem, NotaryCam will provide secure, convenient and legally-compliant electronic notarization capabilities.
NotaryCam’s advanced, intuitive technology allows homebuyers to upload their mortgage loan documents, connect to a live notary, face-to-face via webcam and sign their documents digitally. With browser-to-browser video conferencing, the notary verifies and confirms the signer’s identity and applies an eNotary seal on the electronic document. Designed for signer ease and efficiency, NotaryCam can accommodate multiple signers, from any combination of locations with multiple signing sessions on the same document – including the mortgage signing ceremony.
“Today’s consumers rightly demand the 21st century expectations of convenience, ease and speed that are provided digitally in their day-to-day lives for notarization services,” said C. Richard Triola, president and CEO of NotaryCam. “By partnering with eOriginal, through its eMortgage ecosystem, we can provide a streamlined, convenient eClosing experience without the unnecessarily archaic and time-consuming paper-filled signing ceremony.”
By taking the mortgage process digital, eOriginal, along with its partners, is responding to the demand for digital business processes from millennials and regulators—mirroring the consumer side of today’s real estate experience: from house-hunting apps for smartphones and tablets, to paperless loan applications done online, to virtual listings that let consumers tour homes without ever leaving their couches. The addition of eOriginal’s platform enables the business aspects of the mortgage process to be conducted in a fully digital environment.
“The mortgage industry has long been plagued by its antiquated and tedious paper-filled process,” said Stephen Bisbee, president and CEO of eOriginal. “Our relationship with NotaryCam is a critical step in making the digital transformation of this industry become a reality; and we are excited to work alongside them to experience the digital revolution unfolding.”
eOriginal’s proprietary eMortgage process brings together a dynamic powerhouse of integration partners to deliver eNotarization, eWarehousing, eCustodian services and integration with Mortgage Industry Standards Maintenance Organization (MISMO) compliant SmartDocs and Forms.
NotaryCam has conducted notarizations in all 50 states, as well as for people traveling or living overseas in over 60 countries, as part of groundbreaking legislation signed in July of 2012 by the Commonwealth of Virginia (SB 827 and HB 2318). The company has been recognized by law enforcement throughout the country for its ability to prevent fraud and identity theft.
NotaryCam is the innovation leader in online notary services that are valid in all 50 states. NotaryCam is the first to securely and legally notarize documents, on-demand, anytime and from anywhere, through a professionally trained network of certified e-notaries via online in-person ceremony. .NotaryCam is honored to be selected as a NAR/Second City Ventures REach Class of 2015 company.
Requiring just a standard webcam, NotaryCam can produce a digital version of notarized documents within minutes, making it the solution of choice for military personnel, lawyers, health care and mortgage industry professionals, Americans traveling abroad and anyone wishing to streamline the archaic process of notarization with multiple parties. With intensive third-party verification tools and the ability to maintain document integrity with tamper-proof seal and a video record of all transactions stored for a minimum of five years, NotaryCam has also been praised by law enforcement and government agencies in the U.S. for fraud prevention and ID verification and authentication. For more information about NotaryCam, please visit www.notarycam.com.