Stay digital and be more profitable.

On Demand and Enterprise eMortgage Solutions

Close, vault, manage, transfer and sell your eMortgage loans with confidence with eOriginal eCore®. eCore provides the critical components you need for creating and keeping electronic loans legal, admissible, compliant and negotiable.

eOriginal has done the pioneering legwork to ensure your electronic assets not only remain legal, but carry the same investor value as paper contracts. We paved the way through Wall Street, we were there as the laws and regulations that govern the legality of electronic signatures were crafted, and we helped enable the first fully electronic mortgage transaction in 2000.

And we were there as the industry experimented with electronic document delivery, eNotary services, eRecording services and other on-line processes. As they found their way into the daily business practices for those visionary companies that saw the future and wanted in early, eOriginal provided the technology they needed to protect their electronic assets from deposit to resale and end-of-term.

eCore provides the behind-the-scenes technology finance sources need when it comes to protecting and selling their negotiable electronic notes and contracts.

With over $10 billion in protected electronic assets to date, our experience is your advantage.  

How eClosings Work

The closing package is generated electronically from a LOS, and includes all pre-settlement forms as well as the note. With eOriginal eCore and your front end signing service, all loan documents can be signed electronically in a  variety of ways (i.e., signature pads, click-to-sign, or by creating a unique electronic signature). From their home computer with an eNotary, or at your closing table, borrowers apply or “adopt” their electronic signature to their documents on line.

The documents remain electronic as eCore deposits the PDF documents—the original, “Authoritative Copies”—into the eCore electronic vault where they are managed and controlled, and kept legally admissible, compliant, enforceable and negotiable, throughout their life cycle.  eCore automatically generates differentiated copies of original documents and provides access and distribution to authorized participants. eOriginal eMortgage solutions enable electronic loan sales of individual or pooled loans to investors and secondary markets.

Is it legal?

The Company’s extensive legal and technology expertise in security standards, electronic negotiable instruments, and legal compliance as applied in production environments, provides customers with a predictable, scaleable framework for offering secure electronic signatures and the creation and management of legally binding digital source documents.

• eOriginal participated in the drafting and standards support for the American Financial Services Association (AFSA) American National Standards Institute (ANSI) “X-9” committees establishing the standard for eContracts and chairing of the ASFA ANSI X.9 Transfer of Location of Electronic Contracts (TOLEC) standard committee, and the Mortgage Industry Standards Maintenance Organization (MISMO), including the eVault standards committees, and other organizations. 
  
  
• eOriginal provides the only licensable e-commerce solution in high volume production today that fully complies with all six Transferable Record criteria of the federal Electronic Signatures in Global and National Commerce Act (ESIGN), the Uniform Electronic Transactions Act (UETA), and for the state Uniform Commercial Code (UCC) Revised Article 9-105. eOriginal participated in the formation and drafting of each of these laws.
  
  
• eOriginal has enabled the fully electronic presentation, signing, vaulting, management and transfer of ownership for more than 500,000 finance transactions, without error, totaling over $10 Billion, including the securitization of $.6 Billion automotive negotiable instruments into secondary markets.
  
  
• eOriginal technology integrates standard public key cryptography, electronic signatures, and document and transaction management.  The technology enables secure electronic execution and long-term administration of transferable records such as retail sales contracts and mortgages. 
  
  
• eOriginal products ensure the authenticity of Electronic Original documents, the identity of the signatories, the integrity of the content and enable the secondary market legal opinion eContract compliance certifications required by rating agencies such as Standard and Poor’s.
  
  
• eOriginal is the only technology provider for eContracts securitized in the secondary markets. Only eOriginal technology is currently accepted by rating agencies in the automotive and lease industries for the fulfillment of Authoritative Copy statutory requirements. eOriginal also delivers the certifications for the legal opinions required by secondary offering issuers.