real Estate Closing Scheme / Theft
Prosecutor Fredric M. Knapp is issuing an alert to the members of the Morris County Bar Association regarding a Real Estate Closing Scheme – involving e-mailed wiring instructions for banking transactions. Because of the sophistication of the scheme, the large dollar amounts involved in each intrusion and the impact this scheme could have on victims,…
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By rick
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18 June, 2015
Realogy selects NotaryCam for pitch competition
Real estate giant is holding its 3rd annual ‘FWD’ event on June 23 in San Francisco Real estate giant Realogy has announced the 15 real estate startups that will pitch their wares to execs at the firm’s third annual “FWD” Innovation Summit in San Francisco on June 23. Realogy founded the event in 2013 to…
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By rick
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10 June, 2015
S.E.C. Charges Man in Bulgaria in Fake Takeover Offer for Avon
The Securities and Exchange Commission on Thursday charged a Bulgarian man with misusing an important federal database for filing securities documents to submit false takeover bids for two companies, Avon Products and Rocky Mountain Chocolate Factory. READ FULL ARTICLE HERE
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By rick
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5 June, 2015
eNotarization required by new PRIA eRecording best practices
The Board of Directors of the Property Records Industry Association (PRIA) has given final approval to the eRecording Best Practices for Recorders paper produced by the eRecording eXcellence Work Group, under the auspices of the Business Processes and Procedures Committee. eRecording has been steadily advancing throughout the United States since first being utilized in 1998….
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By rick
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4 June, 2015
NotaryCam founder offers mortgage industry insight
In a column for National Mortgage Professional Magazine, NotaryCam President and CEO, Founder Rick Triola offers invaluable insight gleaned from decades in the evolving mortgage industry. “How to Build Loyal Customers in a Capricious Era” examines how lenders and others in the industry can best cater to a customer base raised on convenience, speed and comparison…
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By rick
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3 June, 2015
Montana Becomes Second State to Legalize Online Notarization
The state of Montana just became a technology innovation leader. This month, Montana Governor Steve Bullock signed a bill that will make it legal for a document signed by a person in a remote location to be notarized electronically by a licensed Montana notary public, using a webcam or other audio-visual conference technology. Aside from…
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By rick
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26 May, 2015
NY Times: The E-Notary Public Is Slow to Catch On
When it comes to closing on a mortgage, nothing is final until the notary public says so. Charged with officially affirming the transaction’s legitimacy, notaries apply their legal stamp of approval after verifying the borrower’s identity and willingness to enter into the loan. By necessity, notarization has always been a face-to-face process. And even as mortgage…
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By rick
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22 May, 2015
NotaryCam closing real estate from anywhere
One recent Monday morning while I was listening to a lecture in Chicago, I received a text from a colleague alerting me that NotaryCam had just helped a Texas couple close on their home. From Africa. A Texas couple was on the cusp of closing a sale on their home, but the husband was in…
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By rick
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13 May, 2015
Second Century Ventures Announces 2015 REach® Accelerator Class
CHICAGO, April 22, 2015 /PRNewswire/ — The National Association of Realtors®’ strategic investment arm, Second Century Ventures, has unveiled the seven organizations chosen for the 2015 class of REach®, a growth technology accelerator program. The 2015 class officially kicks off this week. “This year’s REach class is made up of truly phenomenal organizations that are…
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By rick
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22 April, 2015
E-Notary Versus Remote Online Notary: What Is In a Name?
Only NotaryCam offers a Truly Remote Online Notary Experience As states move to adopt e-Notary and Remote Online Notary laws, it is important to understand that these two terms describe distinctly different services. In much the same way that “Take Out” and “Delivery” offer the same end (tasty restaurant food in your own home) by…
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By rick
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12 April, 2015