With the purchase of NotaryCam, Stewart aims to “advance its strategic vision of digitizing, securing and simplifying the title and closing process.”

Stewart Information Services Corp., which owns Stewart Title, has acquired e-notary service NotaryCam in a bid to both advance the digital closing process and spread its wings beyond real estate.

Stewart declined to disclose financial terms of the deal.

“This transaction is a landmark achievement for us as it’s our first fully technology-focused acquisition, expanding our industry reach beyond real estate, and into other areas such as financial services,” Stewart spokesperson John Chattaway told Inman via email.

Houston-based Stewart has made a handful of acquisitions recently, including valuation businesses United States Appraisals in June and Pro Teck Services in October. Stewart also announced a partnership with money transfer protection service CertifID in November to better combat real estate wire fraud.

With the purchase of NotaryCam, Stewart aims to “advance its strategic vision of digitizing, securing and simplifying the title and closing process,” the company said in a press release.

“Stewart and NotaryCam have been partners for years in the digital and eClosing space, leading innovation and change for real estate closings across the country,” said Stewart CEO Fred Eppinger in a statement.

“Together, we will be able to offer customers a suite of new and enhanced customer-centric tools and solutions that will further enhance our secure notarization and eClosing processes.”

NotaryCam offers a flexible workflow for document recording and identity verification, security and customer convenience, according to Stewart. NotaryCam, which is approved by Freddie Mac, Fannie Mae, MISMO and many Fortune 500 companies, has successfully handled remote online notarization (RON) requests in various industries in all 50 U.S. states and more than 145 countries, Stewart said.

“Since completing the first-ever purchase and sale mortgage transaction via Remote Online Notarization (RON) in Virginia with Stewart, we have remained strong partners in leading change in the industry,” said Rick Triola, NotaryCam founder, in a statement.

“Now with our pioneering and global leading technology and expertise, combined with Stewart’s financial strength, brand name and resources, we can become the premier, go-to provider of all things RON.”

Asked whether NotaryCam will continue to work with other title companies, Chattaway said, “NotaryCam will continue operating business as usual to all their current customers.”

Email Andrea V. Brambila.

Like me on Facebook | Follow me on Twitter

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
The best event in real estate kicks off next week! Tickets are selling quickly.Register Now×
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription