Skip to main content

Freddie Mac Rolls Out eNote Solution

Phil Hall
Dec 12, 2019
Freddie Mac appointed Christian M. Lown executive vice president and chief financial officer

Freddie Mac is now offering an automated eNote certification solution for third-party eNote custodians that is designed to offer a system-to-system integration from Freddie Mac’s Loan Selling Advisor.
According to the government-sponsored enterprise (GSE), this solution will allow third-party eNote custodians to digitally compare lender-delivered loan data with information included in the borrower’s signed eNote and then pass along the results of the certification to the lender. Freddie Mac will remain as an eNote custodian option for its sellers and servicers and will notify them in advance of any changes to the custodian options.
“The ability to integrate with third-party eNote custodians for automated eNote certification is a digital needle mover for Freddie Mac eMortgage Sellers and Servicers,” said Samuel E. Oliver III, vice president of single-family major projects at Freddie Mac. “In addition to minimizing the need for the current bifurcated custody model for eMortgage Seller/Servicers, this integration lays the foundation for potential solutions to minimize some of the technology setup costs required in the eNote process.”

Fifth Third Bank Expands Down Payment Assistance Program

The program will provide up to $3,600 towards a down payment for families with low to moderate income.

Industry News
Jun 09, 2021
Filo Mortgage Launches Low-Rate Guarantee

National mortgage lender Filo Mortgage is offering to beat competitors' pricing by $1,000 with its Low-Rate Guarantee.

Industry News
Jun 08, 2021
FAU Index Shows Where Consumers Should Buy Or Rent

Consumers are better off renting in cities like Dallas, Texas

Industry News
Jun 07, 2021
Verus Title Inc. Expands Into Dallas-Fort Worth Texas

Verus plans to take advantage of the Dallas-Fort Worth market before expanding throughout the state.

Jun 07, 2021
Freddie Mac Multifamily Extends Forbearance Deadline To September

Freddie Mac Multifamily extended the deadline for requesting a new COVID-19 forbearance agreement for its Multifamily loans to September 30, 2021.

Industry News
Jun 04, 2021
Fannie Mae Launches 'Your Own Story' To Educate Future Homebuyers

Fannie Mae is seeking to help demystify the homebuying process for future homeowners with “Your Own Story.” A new campaign to educate future homebuyers on the entire process.

Industry News
Jun 04, 2021