There is an acute need for transparency of data exchanged between counterparties and the creation of new standards. It’s great to be among the forces moving the industry forward to secure, digitized transactions.
Baltimore, MD (PRWEB) March 23, 2016
eOriginal, Inc. announced today that it has been named an eMortgage technology solution provider by Fannie Mae in its recently updated eMortgage vendor list.
The end-to-end digital mortgage pioneer has completed integration testing for eNote, eClose and eVault capabilities — all in an open, plug-and-play platform. As the mortgage industry undergoes rapid change, these capabilities are critical for supporting the growing demand for complete electronic loan lifecycle and compliance management. eOriginal will be showcasing its solution at the MBA National Technology In Mortgage Banking Conference & Expo April 3 to 6 in Los Angeles.
“We’re proud to support organizations like Fannie Mae and Freddie Mac as they make their push toward digital mortgages,” said Steve Bisbee, president and CEO of eOriginal. “There is an acute need for transparency of data exchanged between counterparties and the creation of new standards. It’s great to be among the forces moving the industry forward to secure, digitized transactions.”
“Fannie Mae is pleased that eOriginal has completed technical compliance testing with us for delivery of eMortgage loans, and has been added to our eMortgage Technology Service Provider listing,” said Michael Cafferky, eMortgage Product Manager, Fannie Mae. “Supporting our customers’ transition to digital closings is a priority for us, and the addition of eOriginal will expand options available to our customers to originate and deliver eMortgages to Fannie Mae.”
eOriginal offers an end-to-end digital mortgage solution — from signature to notarization and recording through warehousing and custodial services — that addresses the gaps that have long hampered broader adoption of digital mortgage platforms. eOriginal is spearheading the collaboration to deliver a fully digital process that includes eNotarization, eRecording, eWarehousing, eCustodian services and integration with Mortgage Industry Standards Maintenance Organization (MISMO) compliant SmartDocs and Forms. Well-designed for disruptive lending markets, eOriginal already is delivering its lending and asset management platform to the student loan, vacation ownership and vehicle finance industries, among others.
Integrated with eOriginal’s eAsset Management Platform and the newly released DatalyticsTM solution, the eMortgage platform will empower greater data transparency, better analysis and regulatory compliance capabilities throughout the mortgage loan process. For more information, visit http://www.eoriginal.com.