Boston-based fintech company Stavvy has acquired SigniaDocuments, a technology suite from Evolve Mortgage Services, in a move to eliminate manual processes from the mortgage experience. The acquisition includes SigniaDocuments’ SMART Doc technology, eClosing tools, eNote and eVault services as well as eRegistry capabilities.
Offering electronic notarization technology, Stavvy’s software aims to help organizations manage security risk, fuel collaboration and increase the speed and transparency of real estate transactions. The acquisition of SigniaDocuments positions the company to digitize transactions and offer increased efficiency, convenience and security.
With the acquisition, Stavvy now offers eNote, SMART Doc disclosures and loan documents for all 50 states, across all loan programs and for all types of investors. The company’s comprehensive eClosing solution enables lenders and servicers to choose between hybrid, remote online notarization and in-person electronic notarization transactions. Stavvy aims to eliminate manual mortgage processes and provide a complete digital mortgage experience.
As part of the acquisition, Charlie Epperson and Tim Anderson from Evolve Mortgage Services will join Stavvy. Epperson will assume the role of chief product officer and Anderson will serve as executive vice president of digital mortgage strategy.
