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Stavvy's New Encompass® Integration: A Game Changer for Digital Mortgages

Stavvy, the innovative fintech company known for redefining digital and remote collaboration in lending and real estate, has announced an exciting new integration with Encompass®, a robust solution from Intercontinental Exchange (ICE).

This latest advancement uses the newly revived Encompass Partner Connect API framework, which greatly enhances the integration of mortgage technology within the ICE digital lending platform. It allows for seamless access to key features that loan originators and servicers need, all while ensuring security and efficiency.

What This Integration Means for the Industry

With Stavvy's Encompass integration, lenders can now execute both hybrid and fully digital closings directly within the Encompass platform. Essential tools like eSigning, eNotes, eVaults, remote online notarization (RON), and in-person electronic notarization (IPEN) are all integrated, simplifying the closing process. This means that lenders can manage crucial tasks without leaving the Encompass environment, creating a unified experience that makes the borrowing process smoother for everyone involved.

The incorporation of the Encompass Partner Connect (EPC) APIs and Partner Document Delivery EPC integration provides a fully digital workflow that's compliant and efficient. By keeping the entire process within Encompass, users can expect quicker closing times, aiding both lenders and borrowers alike. Automation further minimizes human error, promotes real-time syncing, and streamlines administrative tasks and document management, making operations far more straightforward than before.

Leaders Weigh In

Kosta Ligris, CEO and Founder of Stavvy, expressed his enthusiasm for this new partnership: "We are thrilled to accelerate the closing process for our clients with Stavvy's digital mortgage lending solution. Our integration puts our eClosing features right into the heart of the Encompass platform, making hybrid and fully digital closings more accessible than ever before."

This sentiment was echoed by Rolando Lora, Executive Vice President at The Washington Trust Company, who remarked on their successful relationship with Stavvy. He stated, "Our collaboration over the past three years has been pivotal in refining our digital lending operations. This new integration allows our customers to preview and eSign closing documents electronically, leveraging the Encompass platform's full potential, ultimately streamlining our workflows and enhancing the borrower experience."

Enhancing the Path to Homeownership

Stavvy’s mission extends beyond mere technology; it focuses on simplifying the fragmented workflows that typically impede real estate transactions. By making the closing process more accessible and efficient, Stavvy is playing a significant role in a lending landscape that is continuously evolving. The emphasis on convenience, speed, and transparency ultimately benefits consumers, making the dream of homeownership more attainable.

As the fintech landscape develops, integrations like that of Stavvy and Encompass serve as vital stepping stones toward a future where all aspects of lending are fully seamless and digitally empowered. For those in the industry, keeping abreast of these advancements is crucial not just for survival, but for thriving in a fast-paced environment.

Final Thoughts

As Stavvy continues to innovate within the realm of mortgage technology, the recent launch of this new integration with Encompass marks a significant milestone in the pursuit of efficiency and user-centric solutions. The focus on simplifying the closing process will likely pave the way for a new standard in the industry, one where technology and user experience take center stage.

For more information, visit Stavvy on the ICE Marketplace and discover how this integration can transform your lending experience today.