Notarize Blog

Notarize is proud to support and join over 2,300 companies and organizations to encourage Americans to save through the America Saves Week campaign, occurring this week from February 21 to 25, 2022. Since 2007, America Saves Week has been an annual celebration as well as a call to action for everyday Americans to commit to saving. 

For anyone who tried to buy a new car in 2020 and 2021, it’s likely they had to go through a process that was different to the traditional car buying procedure. Throughout the pandemic, auto makers had to grapple with decreased demand in 2020, followed by surging demand in 2021, right at the time of several supply chain issues. These issues created major automobile shortages and upped auto prices, but it also kicked into gear many new evolutions in the auto industry that have stuck around even after the economy has bounced back.

A loan officer is a critical part of the loan transaction, serving as the bridge between the customer and the financial institution that is issuing the loan. While many loan officers have typically performed their job in person — having customers come into their bank or office — the pandemic accelerated the move to virtual loans. As a result, many loan officers found themselves working remotely, providing all of the same services to customers through video, chat, document sharing and other technologies.

A full eClosing occurs when all closing documents are electronically signed and notarized online; including the eNote and security instrument. There are variations such as hybrid eClosings, where only certain parts of the lending process are brought online. Based on a recent study of Notarize customers conducted by MarketWise, implementing eClosings (whether hybrid or full) has shown the most impact on ROI for lenders —  saving them time and improving loan quality and customer satisfaction.

Technology is a growing part of the legal industry. Millions are being spent each year on new client databases, efficient automated processes and technology to help lawyers better analyze, communicate and prepare cases. Digital transformation in law firms is bringing new innovation, which is not only saving legal firms money and time, it’s increasing their accuracy and effectiveness, helping them win cases and improve their client relationships.

Investing in the right technologies is vital to the long-term health of your business. Technology offers a solution for everything these days, and choosing the right vendor can accelerate your growth, delight your customers and build trust in your brand with unrivaled speed and precision.

Every industry has a different way of selling their products or services, but there’s one thing that consumers of all industries now demand: digital offerings.

Digital transformation is a term that has been thrown around quite a bit in the last few years. But what does it mean? Is it actually tangible? How do you facilitate it? And most importantly — at what point is digital transformation complete? Here’s a short guide to define what it is and how you can achieve it.

The average mortgage closing requires an enormous amount of signatures from buyers, sellers, agents, lenders, and more. In California, the typical mortgage closing requires 108 signatures and initials from buyers and a whopping 136 from sellers. In addition to the many documents that need to be signed to close on a mortgage, there are also typically 8-12 “notarial acts” - documents that must be signed in front of a notary. Add to that all of the signatures that agents and homebuyers must go through in order to place an offer, accept an over, provide a deposit and plan the closing — in short, it adds up fast.