David Kressel's Contact Details

David Kressel's Company Details

NotaryCam

Newport Beach, CA, US • 100 - 249 Employees
Legal/Attorney

With over 30 years of domain experience, more than a decade ago we set out to master the electronic real estate and mortgage ecosystem. What began as a simple journey to streamline the transaction for our customers turned into what seems like a lifetime commitment. Eliminating the stress and associated friction around the antiquated systems, mounds of paper, faxes, scanners and overnight couriers seems like a no-brainer. The real estate and mortgage transaction is one of the most complicated and highest liability transactions that a consumer will ever participate in.\\The primary objection was that nearly 100% of transactions required a professional notarization. Although we provided electronic notary services for the past decade, Robo-signing hit the headlines and knew we needed to change the tools to allow for a digital face-to-face meeting with the signer and notary. We needed the most sophisticated and highest level security tools that would enable us to leapfrog over the obstinate status quo. We also needed 100% assurance that the signer and notary were who they said they were, and needed solid and supporting evidence to go to court with, versus the "he said-she said" type of argument that is so prevalent today. In addition, absolute verification as to the originality and integrity of the document, guaranteeing that there would be no manipulation once electronically signed and notarized, was paramount and our highest priority.\We were fortunate that the Commonwealth of Virginia shared the same insight and vision, and on July 1, 2012 remote video notarizations became legal, regardless of where the signer is located. Hence, the birth of NotaryCam—the first process that connects all parties and documents in a virtual signing room.