Stavvy Acquires SigniaDocuments
November 30, 2023
Stavvy recently acquired SigniaDocuments from Evolve Mortgage Services. The asset acquisition covers SigniaDocuments’ SMART Doc technology, eClosing tools and eRegistry capabilities for agency and non-agency loans.
With this most recent 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, including private label transactions. It also facilitates the adoption of digital second lien products like HELOCs, supported by Stavvy’s eClosing solution that enables lenders and servicers to choose between hybrid, remote online notarization (RON), and in-person electronic notarization (IPEN) transactions as needed.
“We are in the business of eliminating manual mortgage processes and will continue to focus on removing every single barrier to digitization that exists. Mortgage documents continue to be fragmented, with the industry trying to find ways to tag signature locations. The status quo and existing solutions leave customers wanting more,” said Kosta Ligris, CEO and founder of Stavvy. "This acquisition affirms our commitment to driving digital transformation and adoption in the mortgage industry. We are proud to be the only software company in the eClosing space to now offer fully tagged SMART Docs® for an entire mortgage package.”
As part of the acquisition, Evolve’s Charlie Epperson and Tim Anderson will join Stavvy and play pivotal roles in the company’s continued growth. Epperson assumed the role of chief product officer, while Anderson was named executive vice president of digital mortgage strategy.
Contact ALTA at 202-296-3671 or email@example.com.