Mortgage Connect Acquires Majority Stake In Stavvy
The deal pairs Mortgage Connect’s closing operation with Stavvy’s eNote and eVault technology, aiming to simplify digital closings for lenders and borrowers
Mortgage Connect has purchased a majority interest in the Stavvy platform and plans to combine its business operations with Simply Secure Sign, its existing eClosing solution, bringing more of the closing and post-closing process under one provider.
The October 6 announcement targets a practical obstacle to digital closing adoption: lenders often need several vendors to handle document execution, notarization, electronic notes, and digital collateral, requiring separate integrations, contracts, security reviews, and operational handoffs.
Simply Secure Sign supports remote online notarization, in-person electronic notarization, hybrid closings, and traditional paper closings. Stavvy adds SMART Doc generation, eNote execution, eVault custody, and MERS eRegistry registration and transfer.
The planned combination would connect those functions from the initial determination of a loan’s closing eligibility through execution and post-closing processes. Stavvy’s leadership team and employees will join Mortgage Connect.
“By bringing Simply Secure Sign and Stavvy together, we are creating a more complete digital mortgage platform with expanded capabilities across closing, servicing, and collateral management,” said Jeff Coury, CEO of Mortgage Connect.
Connecting The Closing To Loan Delivery
For lenders, the transaction’s significance extends beyond giving borrowers another way to sign documents.
An electronic promissory note must also be registered, held, and transferred through the systems used to manage digital collateral. Bringing those functions together with closing execution could reduce the handoffs required to move a completed loan toward funding and investor delivery.
Mortgage Connect says the combined platform will determine whether a transaction can proceed through a fully remote closing, in-person electronic notarization, a hybrid process, or a traditional wet closing. Lenders would then remain within the same ecosystem for document execution, notarization, eNote creation, registration, custody, and post-closing work.
The capabilities are intended to support purchase, refinance, home equity, and loss mitigation transactions.
Mortgage Connect also brings an established customer network to the combination. The company says it serves 19 of the top 20 U.S. lenders and servicers across origination, servicing, and default, giving it an existing base through which to expand use of the technology.
Borrower Interest Meets Operational Barriers
The acquisition follows recent findings suggesting that borrower interest in digital closings is outpacing some originators’ ability or willingness to offer them.
In September, ServiceLink’s 2026 Loan Officer Report found that 88% of recent homebuyers surveyed said the ability to electronically sign some or all closing documents would influence their choice of provider.
Among LOs surveyed separately, 37% cited limited availability of fully compliant eClosing technology as a barrier to more frequent use, while 34% pointed to technical or platform-reliability concerns. Forty percent cited their own preference for traditional processes.
For brokers and LOs, the practical value would be greater certainty about which closing formats are available on a particular file. Determining eligibility early can help originators explain the process to borrowers and coordinate with real estate agents and settlement partners before closing arrangements are set.
The Economics Extend Beyond Signing
The industry’s push toward connected digital closings also reflects the potential benefits after documents are executed.
NMP’s July coverage of MISMO’s eNote implementation guidance highlighted potential fulfillment savings of approximately $200 to $300 per loan, along with faster liquidity, improved data integrity, and fewer post-closing defects. Those estimates concern eNote adoption generally.
Other providers are pursuing similar combinations of closing capabilities. Asurity and NotaryCam expanded their partnership earlier this year to connect document generation, electronic execution, notarization, and vaulting through Asurity’s Propel platform.
Mortgage Connect’s purchase takes that approach further through ownership, bringing Stavvy’s technology and employees into its existing closing operation.
The combination gives Mortgage Connect more of the infrastructure needed to carry a loan from signing through digital collateral delivery. Its opportunity is to make those capabilities easier for lenders to deploy, and easier for originators to offer consistently.