eOriginal, MERSCORP partner to develop new eNote solution for digital mortgage industry

Newswire: April 4, 2018.

Dateline: Baltimore.

eOriginal, a member of the Electronic Signature & Records Association, and MERSCORP announced on Wednesday they are partnering to deliver a new solution that will help originators accelerate entry into the digital mortgage ecosystem.

The solution is called MERS eNote Solutions and is part of that company’s eSuite. In a news release, the two companies said eNote Solutions “will enable the creation, execution, registration and management of the electronic promissory note, or eNote, to mortgage originators across the industry.”

“This solution will enable thousands of originators to realize the benefits of a digitally executed promissory note at the closing table.” said Simon Moir, eOriginal’s Senior Vice President and General Manager of Digital Mortgage. “We are proud to have eOriginal’s technology power the MERS eNote Solutions.”

eOriginal, recently named to HousingWire’s 2018 HW Tech100, guarantees trusted transactions of digital financial assets. The company delivers fully digital mortgages and supports every type of digital closing strategy.

eOriginal’s president, Stephen Bisbee, is on the ESRA Board of Directors.

MERSCORP is the owner and operator of the MERS eRegistry, the national mortgage registry and legal system of record for identifying the controller and location of the authoritative copy of registered eNotes. Its registry comprises more than 5,000 member organizations.

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