For a couple of Orange County (CA) residents Thanksgiving weekend just wasn’t what they were accustomed to. A Nevada grand jury indicted the couple in what appears to be the first criminal case filed connected to the nationwide ‘robo signing’ scandal. According to Jeff Collins, reporter with the OC Register, ‘both are title officers who worked for the Jacksonville, FL mortgage servicing firm Lender Processing Service.”
The time is ripe for the Lenders ‘C-Level’ Suite to step up, put a stake in the ground that these issues should never be tolerated – and move forward with an all-electronic and digital transaction – eliminating the associated fraud associated with human error, back-dating, white-out, cut and paste signatures, substitution of false documents, etc. Secure ‘tamper-resistant’ document processing technology has been available for years – tested, live and certified (by all Industry participants/leadership-sans Lenders) - gurading against such ‘all-so-common’ instances of fraud and outrageous manipulation. The article further mentioned a Huffington Post quote from University of Minnesota law Professor Prentice Cox, a former Assistant State Attorney General, adding: ” When criminal prosecutions are done for robo-signing, I would hope the target of those prosecutions would be the people who designed the system and profited from it, not just the low level people doing what they were told.” Read More…
Thinking about adding secure and efficient e-Signatures to your current
workflow? Well, quite bluntly, not all vendors offering e-Sign solutions are
the same. Just this week we heard of a REALTOR® that ‘grabbed’ an tablet e-Sign
app off the Internet and actually used this tool on a real estate transaction. When asked about levels of security, tamper evident audit trails, non-repudiation and lenders, Fannie Mae, County Recorders acceptance, etc., blank stare – huh?
As electronic and digital signatures affixed to contracts and agreements continue to gain adoption, seems like everyone is now jumping on the bandwagon. We also read where a Mortgage vendor, now claiming expertise, is offering this solution for Free, huh? Same compliance questions – who has certified or willing to accept these as binding?
When it comes to Real Estate and Mortgages, our 30 year old domain experience has advanced our vision for a complete digital, electronic and paperless real estate and mortgage transaction over the Internet. Having collaborated with Industry experts and pioneers for complete ‘buy-in’ we now enjoy at least a 4-5 year head start and provide the Industry’s ‘Holy Grail’ - a pure electronic end-to-end solution – from opening to closing (and beyond).
In another example, the real estate promissory note is probably the highest liability document any consumer will ever sign (representing the asset and in some residential markets that could translate to a $ 10 million or more risk) yet many so called e-Signed experts have not even approached, no less been certified by, the required compliance agencies, huh?
Not all e-Sign vendors are alike – ask the questions.
WASHINGTON (AP) – Postmaster General Patrick Donahoe warned that the Postal Service is on “the brink of default” as he battles to keep his agency solvent. Without legislation by Sept. 30, the agency “will default on a mandated $5.5 billion payment to the Treasury”, Donahoe told the Senate Homeland Security and Governmental Affairs Committee on Tuesday. Taking a tip from the current administration, “Rule one: Never allow a crisis to go to waste…”
We introduced our ZapSign division this summer to alleviate some of the overwhelming burden shouldered by the USPS. Today, we offer the first Global, eco-friendly and purely automated contract delivery service - first class, registered receipt, round trip, and legally binding e-Signature service in less than 5 minutes (members pay only 99 cents). Send sales agreements, contracts, NDA’s, Applications, HR docs, etc. from anywhere to anywhere, no extra charge. Signing at the airport, on the golf course or while traveling abroad - on your smart phone or tablet – price included..
The Postal Service has lost $7.9 billion in the past two years. It has borrowed money to pay its bills. Mail volume fell 4.5% last year and the Postal Service expects a bigger drop this year.
Most Americans understand that this is not your Daddy’s Postal Service and we’ve known for generations this has got to change. A new USA TODAY/Gallup Poll suggests that most support cutting back mail services — closing post offices, trimming delivery service — rather than raising stamp prices or using taxpayers’ money for a bailout.
Now is the time for all good men (and women) to come to the aid of their country… Don’t Mail it - Zapsign it!
Newport Beach, CA (PRWEB) May 28, 2011
Settleware Secures Services. Inc., the pioneering electronic and digital signature leader has expanded its offering to small to medium sized business (SMB), ‘We’re excited to offer immediate ROI solutions to SMB’s and have enjoyed our partnership with Your Car Our Drive. Founder Josef Wojtkow continues to explode his business and we’re pleased to provide an integral component” says Rick Triola, President & CEO Settleware
“With the high cost of having a administrative staff, Settleware has been the perfect cost effective fit for Your Car Our Driver(YCOD). It has allowed us the freedom to concentrate on business development and not administrative by allowing Settleware’s technology platform to take care of all our client setup documents. We have many high profile clients and this platform has given our clients the peace of mind knowing the information that they give YCOD is securely stored. Additionally, with the high fraudulent credit card misuse, Settleware has given YCOD a backup plan that the client electronically authorized future charges with the IP signature solution. I highly recommend Settleware to any company desiring to save on administrative costs and to protect their confidential client information “stated Josef Wojtkow, CEO
In the US, almost 80 % of all employer firms have fewer than 10 employees and nearly 90% have fewer than 500 employees. These firms are the backbone of the American economy and account for half of the GDP and more than half of all employment. “Josef exemplifies the driving entrepreneur that has successfully identified a niche, solved the pain and capitalized on the opportunity. Saving time and money, more than 80% over traditional shipping costs, FedEx, UPS, USPS and couriers, is an absolute requirement for these companies to continue to strive, especially in these troubling times”, Triola continued
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