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Within the wake of Fannie Mae and Freddie Mac’s growing acceptance of eNotes, this partnership is the most recent within the expansion of the digital mortgage ecosystem. Recently, eOrginal also announced an eNote program with Wells Fargo Residence Lending and joined with MERSCORP Holdings to supply the know-how to power MERS® eNote Options. MERSCORP’s eNote providing can even be totally built-in with LendingQB.
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Wells Fargo will begin purchasing eNotes from a select group of lenders, to be adopted by a broader market offering all through 2019. That is the second important digital initiative launched by Wells Fargo House enotes Lending in 2018. Earlier in the 12 months, Wells Fargo introduced an online mortgage utility for its retail origination customers.
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