NotaryPro™ Partners with Secured Funding and World Wide Notary To Close First Complete Electronic Home Equity Mortgage in California
-Electronic mortgage closing with e-notarization reduces cost, errors, time and automates compliance-

IRVINE, Calif., Feb. 1, 2006 - NotaryPro™, a nationwide signing service dedicated to getting loan documents signed accurately and on time, has coordinated and completed the first electronic notarization and electronic mortgage closing with e-recording in the history of the company and the state of California. NotaryPro™ successfully demonstrated the ability to electronically automate the mortgage loan document signing process, enabling lenders to offer brokers and borrowers a complete electronic mortgage.

NotaryPro™, the preferred signing service of home equity specialist Secured Funding, coordinated and completed the first electronic home equity mortgage closing utilizing World Wide Notary’s DigaSign electronic notarization and closing technology. Secured Funding recorded the electronic warranty deed and security agreements utilizing US Recording, which officially filed with the Orange County, Calif. recorder of deeds.

NotaryPro™ in conjunction with World Wide Notary’s DigaSign e-closing "SMART" acknowledgements provided the technology platform for the event. NotaryPro™ captured the borrower’s initials and signature on a biometric pad which transports the electronic data of initials, signatures and acknowledgments, applies it to the entire loan document package, inserts the electronic notary signature and electronic seals, then encrypts all data per Federal and State ESIGN and UETA law.

"Utilizing the DigaSign platform allowed NotaryPro™ to complete the mortgage closing in one third the time of a traditional paper closing with zero errors," said Kelly Fidel, Executive Vice President of Sales and Marketing for NotaryPro™. "By using DigaSign, we were able to compress the mortgage signing process approximately four days, allowing the borrower to fund and record faster, and provide the lender with efficiencies and cost savings that aren’t experienced in a traditional closing."

"NotaryPro™ looks ahead to partner with ambitious companies dedicated to the vision of eclosing solutions. We are committed to providing our lender clients with the speed and efficiency of electronic digital document delivery and the competitive advantage of NotaryPro™’s operational excellence," says Michelle Williams, EVP of Operations for NotaryPro™.

The partnership between Secured Funding, NotaryPro™ and World Wide Notary provides the tools to complete the first electronic home equity mortgage in California and open the door to new document signing services for many different industries.

World Wide Notary’s Patent Pending application DigaSign with "SMART" acknowledgements, complies with security and compliance procedures set forth by the Secretary of State in California for the electronic notary seal and electronic signature which is as legally binding as a hand written signature.

About NotaryPro™

NotaryPro™ is the nationwide signing service that provides access to the latest advancements in paperless technology, as well as services that set national standards for quality, reliability, and customer satisfaction. Whether documents are overnight courier, e-mail, or digitally prepared, loan closings are executed with professionalism from a staff and a network of 14,000 signing agents. With NotaryPro™’s dedication to dotting every i and crossing every t you get the highest standards of quality controls, unmatched customer service, paperless technology and operational excellence that sets the pace within the loan signing industry.

About Secured Funding Corporation

Secured Funding Corp. (www.securedfunding.com) is a future-focused mortgage banker committed to leading the home equity revolution in America. The lender funds over $125 million in HELOC and home equity loans each month. Secured Funding remains positioned as the home equity specialist over recent years of market fluctuation by constantly improving speed, efficiency, and the overall customer experience. As a leader of home equity loans, Secured Funding has grown to serve a market often overlooked by traditional firms, thus providing lending value and strengthening connections between customers, brokers, and investors. The company’s operations are centralized by technology through its state-of-the-art headquarters in Costa Mesa, California. Secured Funding was founded in 1993 and today has more than 850 employees and operates in 39 states.

About World Wide Notary

World Wide Notary's (www.WWNotary.com) development of DigaSign Internet Notary Service comes from years of experience in the Internet technology industry. Pioneering electronic signatures, as early as 1996, World Wide Notary’s management team has years of experience working with stringent Federal mandates, such as HIPAA, E-SIGN and UETA, regarding security and the use of electronic and digital signatures.