Settleware ‘No Brainer’ blog

Wall St Journal, August 25, 2012 Apple Wins Big In Patent Case.

Among other findings, the jury at the US District Court found that many of the Apple patents were willfully infringed by Samsung. That means that federal Judge Lucy Koh now has the discretion to triple Apple’s damages award, said Brian Love, Santa Clara University School of Law, who has been tracking the case. ” This is a huge, crushing win for Apple,” he said.

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FOR IMMEDIATE RELEASE

CONTACT:  Jason Lobo

Phone: 703.652.1660

Email: jasonl@mersinc.org

Statement from Janis L. Smith, Vice President for Corporate Communications

MERSCORP Holdings, Inc. on the Washington Supreme Court Decision

 Reston, Virginia, August 16, 2012 – Today’s Washington Supreme Court opinion held that if Mortgage Electronic Registration Systems, Inc. (MERS) is not the promissory note-holder, then it is not considered to be the beneficiary for purposes of non-judicial foreclosures in Washington.  The court does not find that deeds of trust that name MERS as beneficiary are invalid and states that there is nothing in this opinion that prevents the parties from proceeding with judicial foreclosures.  Nor does it prohibit MERS from acting as mortgagee in the land records or a lenders’ use of the MERS^® System to track changes in mortgage servicing and ownership of the promissory note.

As we have maintained consistently, MERS is an agent of lenders and their successors and assigns.  In fact, the opinion written by Justice Tom Chambers states: “nothing in this opinion should be construed to suggest an agent cannot represent the holder of a note.  Washington law, and the deed of trust act itself, approves of the use of agents.”  The opinion also states: “MERS notes, correctly, that we have [the Court has] held ‘an agency relationship results from…consent by one person that another shall act on his behalf…’”

MERS ceased commencing foreclosures in its name over a year ago, so this opinion does not impact its current operations.  The opinion will, however, create confusion for Washington homeowners while the trial courts consider its effect on pending cases.  We remain confident that MERS’ role in the U.S. housing finance system is valid and will withstand legal challenges.

For descriptions of cases and other materials pertaining to MERS’ business model and role in U.S. housing, please visit www.mersinc.org. 

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MERSCORP Holdings, Inc. is a privately held corporation that owns and manages the MERS^® System and all other MERS^® products.  It is a member-based organization made up of thousands of lenders, servicers, sub-servicers, investors and government institutions.  Mortgage Electronic Registration Systems, Inc. (MERS) serves as the mortgagee in the land records for loans registered on the MERS^® System, and is a nominee (or agent) for the owner of the promissory note.  The MERS^® System is a national electronic database that tracks changes in mortgage servicing and beneficial ownership interests in residential mortgage loans on behalf of its members.

FOR IMMEDIATE RELEASE

Contact:

Steve McAdams

Director of Marketing

860-466-5406

GreenFolders Adds Settleware’s On Demand e-Sign Service

July 9, 2012, Salt Lake City, UT – GreenFolders, provider of the GreenFolders electronic office management system announced today that it has partnered with Settleware to bring its users e-signature capabilities.

For over a decade, Settleware® has been a pioneering leader in the area of electronic signatures. Based on patented secured technology, their real-time signing solution fully automates contract execution – collapsing to minutes a process that often takes hours or days.

In making the announcement, Mike Kirby President and CEO of GreenFolders stated “ With our ongoing commitment to improving workflow and eliminating paper-based processes, Settleware was a logical and synergistic addition to the GreenFolders platform.” He went on to say “By utilizing their e-Sign technology, our customers will be able to further capitalize on the cost-savings and efficiencies derived from working in a truly electronic environment.”

GreenFolders office management system provides users with the capability to manage, work on, mark-up, share, and store files electronically. With the addition of e-signature capabilities, GreenFolders users will be able to take a document from creation through execution and to final storage in an entirely electronic format – eliminating the need for paper.

“We are excited about this partnership with GreenFolders.” stated Kyle Stephenson, Senior Vice President of Settleware. “As purchasers of real estate become increasingly tech-savvy, industry professionals will need the tools to function in a fully electronic environment.  GreenFolders in conjunction with our real-time service provides this tool.”

Users of GreenFolders latest version will have immediate access to Settleware’s electronic signature services.

About GreenFolders

GreenFolders, Inc., a Utah corporation headquartered in Salt Lake City, Utah, provides innovative electronic office management software solutions that help businesses reach their potential by becoming more efficient, using less paper, and collaborating more effectively. More information about GreenFolders and the GreenFolders office management system is available at www.GreenFolders.com

About Settleware

Since 1999, Settleware has been a pioneering leader in the area of e-signatures. Its patented secure e-Sign solution reduces time frames and eliminates paper-based delays by enabling users of its technology to securely send, e-sign, return,track and eVault any document requiring a signature. More information about Settleware can be found HERE.

Settleware Secure Services, Inc., a pioneer of the e-signing industry, was recently awarded a patent for its paperless real estate and mortgage transaction technology.

NEWPORT BEACH, CA, June 25, 2012—On June 19, the U.S. Patent and Trademark Office expanded Settleware Secure Services, Inc’s. Patent portfolio by awarding the company patent No. 8,204,807 relating to its innovative e-signing technology.

Settleware’s e-signing technology is the first and only end-to-end real estate solution that enables any party involved in a transaction to use electronic and digital signatures to sign documents seamlessly and securely at any time online. It is also the only commercial solution certified by the real estate and mortgage industry, including lenders, secretaries of state, county recorders, MERS eRegistry and Fannie Mae.

Settleware’s technology continues the advancement of paperless technology and transactions throughout various market segments including the real estate and mortgage industries.

With Settleware’s e-signing technology, users do not have to chase down signatures or worry about missing pages. Documents protected by Settleware are 100 percent compliant and tamper sealed to guarantee integrity and confidentiality.

Service providers such as mortgage lenders, real estate agents, escrow settlement agents, and notaries save time and money with the help of Settleware’s e-signing process. They will not misfile, need to re-key or have to track down missing signatures, initials or pages.

“After working in the real estate industry for three decades, I saw that there was a need to streamline real estate and mortgage transactions,” said Rick Triola, founder and CEO of Settleware. “I knew there had to be a better way to conduct business, and Settleware is proud to provide that solution.  This announcement is proof of the novelty of Settlware’s e-signing technology. It is a game-changer because it solves the problem of paper and eliminates the associated stress inherent with typically the largest purchase most consumers would ever make in their lifetime. ‘Pen on paper’ will soon be a thing of the past.”

About Settleware Secure Services, Inc.

Settleware has been known as the pioneer and expert e-signing business for the real estate and mortgage industries for more than a decade. Its multi-patented technology enables paperless transactions between numerous parties and protects all documents involved in the electronic process, ensuring security and confidentiality. For more information, call 888-632-3833 or visit www.settleware.com.

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 Settleware Expands Electronic Notary Platform

Pioneering electronic signature and e-Notary leader partners with Christopher Bryan Company to streamline cumbersome paper-based process. NC Contractor can now electronically sign and notarize contracts and agreements in Real Time.

NEWPORT BEACH, CA—June 19, 2012— Settleware Secure Services, Inc., the visionary electronic and digital signature leader announced today that Christopher Bryan Company (CBC) processed their first electronic Notary in Charlotte, N.C. through the use of Settleware’s trusted electronic notary solution.  “Our focus is to make it easier for our customers to do business with their clients and are thrilled to partner with Christopher Bryan. We have been delivering a digital and paperless alternative to traditional notarization offerings since 2004 and we’re excited that CBC is now offering  this ‘game changing’ service”, stated Settleware founder, C. Richard Triola.“ the Contractors Lien Waver was electronically notarized without any hitches”  Triola continued.

The contractor notarized, e-Signed and processed the Lien Waiver in real-time-without a single piece of paper. “We are excited about participating in cutting-edge technology that is destined to change the ‘normal operational procedures’ for businesses of all sizes.  The benefits we can now offer to all of clients are tremendous. Our productivity has dramatically improved and we look forward to a long and prosperous partnership with Settleware”, stated President Christopher Bryan

“As electronic signatures and notarizations go mainstream more and more business will move e-Commerce to the next level – secure and streamlined efficiencies realized by all stakeholders. We have been certified by the NC Secretary of State since 2007 and pleased to see e-Notary adoption begin to percolate,” says Kyle Stephenson, Settleware’s VP Southeast Regional representative. “We’re happy that Christopher Bryan Company has shared our vision and now providing the ‘Holy Grail’ of e-Commerce – e-Signing and e-Notarization“,  Stephenson added.

Featured in the best seller ‘Game Changers- Leading Entrepreneurs and How they are Changing the Game..’, (Amazon rated #1,  November 2010),  founder Triola continued to describe how e-Signatures and e-Notarizations affixed to any/all contracts and agreements are quickly becoming the standard, eliminating all the associated ‘friction’ with paper, faxing, scanning and expensive overnight deliveries of time sensitive agreements and applications. Companies of all sizes are urged to explore not only the immediate benefits for all clients and stakeholders but to also become good stewards and drivers of Corporate Social Responsibility.

About Settleware

Settleware Secure Services, Inc. has been spearheading the initiative to facilitate complete electronic and paperless transactions over the Internet for more than a decade. The Settleware patented platform provides benefits to the lone entrepreneur or to large enterprises and offers e-Notarization in the Cloud with an affordable subscription-based pricing.

If you would like to learn how Settleware can partner to take your business to the next level, call 888.632.3833 or send an email to info@settleware.com. Join the discussion by subscribing to the Settleware’s blog at www.settleware/blog and become a Friend on Facebook.

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