Notarize Blog

Some of the nation's largest lenders are hungry for remote solutions that streamline the loan fulfillment process and bring simplicity and convenience to their customers.

At Notarize, we’ve seen firsthand how the novel coronavirus (COVID-19) is throwing the worlds of real estate and notary into crisis. The sacred notarial process – rooted in face-to-face interaction for hundreds of years – cannot function amidst a life-threatening pandemic. Industries that rely upon notaries are grinding to a halt.

To help solve the challenge of our time, we are opening the Notarize platform to commissioned notaries and title agents to meet the surge in demand for online notarizations. 

Notarize has seen unprecedented demand in light of COVID-19, and like you, we’re still working to understand our rapidly-changing reality. We’ve hired dozens of new teammates and even opened up the platform, but implementing these solutions takes time.

We appreciate your cooperation as we work to build new solutions and connect with you on your Contact Sales inquiries, demo requests, and email correspondence. We promise that we’re doing all we can to respond in a timely fashion.

We understand that many of you are looking to close online as soon as possible. Here is a checklist and some frequently asked questions that address everything title agents need to know about closing online.

Across years of legislative, regulatory, and product innovation, we’re proud to have made digital real estate closings a reality. Over the last two years, millions of eNotes have been registered with MERS and now, consumers are demanding technology-led home buying experiences for the first time in history.

That's why we couldn't be more excited to partner with Mace that empowers lenders to offer borrowers a seamless eClosing solution via Notarize’s award-winning closing automation platform. 

If there’s one thing the digital mortgage saves, it’s time. It’s why some of the biggest players in real estate are closing entirely online: Loans are serviced sooner; realtors are paid sooner; signers get their keys sooner; everyone is happier sooner.

The ability to electronically record (eRecord) real property documents makes or breaks the digital mortgage process, but you can’t eRecord without a little help from your mortgage friends.

Here’s everything you need to know about eRecording real estate documents.

Like millions of you, the Notarize team has been paying close attention to the news surrounding the novel coronavirus (COVID-19). In light of recent events, we’ve taken several measures to ensure that we protect the health of our Notarize community and continue to offer a world-class customer experience during these uncertain times.

As the situation evolves, we may update this post accordingly.

Prior to this week, 22 states had laws that allowed their notaries to tap into the remote online notarization (RON) marketplace. That means more than 2.2 million notaries nationwide had access to technologies that empowered them to better serve their communities.

The number of RON-approved states now stands 23, as the Wisconsin Senate recently approved Assembly Bill 293 – making the Badger State the first state to pass a RON bill in 2020.

Governor Tony Evers signed the bill on March 2, meaning AB 293 will go into effect for 82,000 Wisconsin notaries beginning June 1, 2020.

Ellie Mae's Experience conference is just over a month away, and Notarize is a proud Preferred Sponsor of the event. With thousands of the nation's top lenders leveraging Ellie Mae's platform to deliver a unified borrower experience to home buyers across the country, we couldn't be more excited to be part of Experience.

Even though it's our first time at the conference, we're bringing the heat. Here are the top three reasons you should visit our booth (#1113) next month, and take our new Encompass integration for a test drive. 

Credit Unions are under an unprecedented amount of pressure. The average age of a credit union member is 47, and according to a 2016 study, people 50 and older hold 83% of the wealth in America. At the same time, Nearly 31.5 million Gen Z consumers are now credit-eligible, 50% of those who are credit-eligible already have credit cards, and roughly 33% of them are already working full-time, part-time, or as freelancers.

That’s why we're excited to share our newest eBook: 3 Technology Improvements Credit Unions Will Make in 2020.

We've reached an inflection point. Credit unions are investing less in technology than mega and regional banks while membership continues to grow 20 percent year over year. 98 percent of companies report revenue loss due to poor transaction management. And, consumer expectations continue to rise thanks to the convenience and efficiencies we all experience in every other aspect of our lives. 

Technology, however, can provide the silver lining opportunity for your business this year.

• Baby Boomers are now far more likely to own a smartphone than they were a decade ago (68% now vs. 25% in 2011)
• Only 13% of Gen Z cares about convenient branch locations, while a quarter of them will avoid or stop using a service due to poor mobile design.
• Getting documents notarized is person is still one of the top complaints from members.

As 2020 kicks off, we put together a list of the top technology investments credit unions are making to enhance security, elevate customer experience, reduce environmental impact, and automate key business workflows to improve the bottom line.