Industry News

Electronic notaries to speed up e-mortgage process

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

The National Notary Association and Safedocs have partnered to educate, equip and certify the first generation of Electronic Notaries for the e-mortgage industry.   The partnership combines the Safedocs System with the Notary Association's Electronic Notary Journal of Official Acts (ENJOA), which provides an electronic signing pad and a platform for eNotarization of electronic documents.   Borrowers use an electronic pen to sign the eMortgage documents utilizing the ENJOA signature pad. The signature appears on the electronic document exactly as it would if the borrower were signing with pen and ink. However, forensic biometric information about the signature travels with the signed document.   To notarize, the Notary completes and signs an acknowledgment or other notarial form electronically. Additionally, the Notary electronically affixes a visual image of a notarial seal, and the Safedocs System then tamper-seals the electronic documents to prevent unauthorized chan...