Integration Addresses Growing Market Demand for End-to-End Digital Mortgage
February 26, 2019 – Today, eOriginal Inc. announced that Black Knight, Inc. will begin offering the company’s mortgage origination and settlement clients the ability to create, execute and deliver eNotes using eOriginal technology. Black Knight clients using the company’s Expedite Close digital closing solution will now be able to seamlessly integrate eNotes into their mortgage origination process.
Black Knight joins other industry leaders such as Fannie Mae, MERSCORP Holdings and Wells Fargo Home Lending in leveraging eOriginal’s eNote technology to help provide system capability and liquidity to the digital mortgage market.
“At Black Knight, we’re laser-focused on transforming the mortgage industry through innovation,” said Rich Gagliano, President, Origination Technologies, Black Knight. “When it comes to the digital mortgage, creation and acceptance of the eNote represents a quintessential ‘last mile’ challenge. By offering access to eOriginal technology through our Expedite Close solution, we’re traversing that last mile, and adding another key tool our clients need to achieve an end-to-end digital real estate transaction.”
eOriginal has been pivotal to the scalability and adoption of technology in the mortgage ecosystem. In addition, eOriginal provides technology for mortgage servicers that assists in the management of life-of-loan events in a digital environment.
“Black Knight’s collaboration with eOriginal marks another significant step toward an end-to-end digital mortgage,” said Simon Moir, Senior Vice President and General Manager of Digital Mortgage at eOriginal. “The integration with eOriginal continues their commitment with a focus on capital efficiency and market execution, and provides clients with a capability that is proven, reliable and readily deployed.”
eOriginal guarantees trusted transactions of digital financial assets for all parties from the borrower to the secondary market. We do this by creating a ‘digital original’ document with all the legal and enforcement rights of a paper contract combined with the capital and operational efficiency of digitization. Our proven network provides certainty in how these digital assets are created and maintained, delivering the confidence, visibility and compliance lenders and buyers need. As a pioneer in the space, major financial institutions, leading law firms and credit ratings agencies have validated and rely on eOriginal as a trusted partner for digital lending transformation and management. In 2018, eOriginal was named to HousingWire’s HW Tech100™. For more information, visit www.eoriginal.com.