Tech Provider eOriginal Launches New Digital Closing Solutions

May 05, 2020

Digital lending tech provider eOriginal has launched two Rapid Deployment Solutions (RDS) that enable mortgage originators to be live with eClosings in as little as two weeks, including eNote creation, eNote signing, eVault, MERS eRegistry and RON.

“We work with over 550 industry leaders who are transforming digital lending, including the mortgage industry,” said Brian Madocks, chief executive officer of eOriginal. “We’re on a mission to simplify digital adoption by enabling clients with proven technology and best practices already pre-configured. Clients can start their journey with the essential building blocks to go digital and have the ability to fully integrate and innovate over time with our open platform.”

Two converging dynamics have accelerated requirements for digital mortgage adoption nationwide, including the surge in refinancing applications and the need for social distancing. Lenders need an action plan for digital closings that will support both short-term requirements for remote closings, yet is sustainable to support hybrid, digital and RON closing scenarios over the long term.

“The mortgage industry is a vital component of the U.S. economy and it is important we continue to allow lenders and borrowers to close loans,” Madocks said. “We understand the need for speed, and to ensure that all regulatory and legal requirements are met. We have deep industry experience and are prepared to assist lenders to move from paper to digital with certainty. The key elements are in place, so now is the time to act.”

About the author

NationalMortgageProfessional.com

Link copied

Published

May 05, 2020

Regulation and Compliance

Fannie Mae AI Governance Deadline Arrives Aug. 6

Seller/servicers using artificial intelligence in origination or servicing must have formal policies, oversight, and vendor controls in place

Fannie Mae’s artificial intelligence and machine-learning governance requirements take effect Thursday, Aug. 6, giving approved seller/servicers a final deadline to formalize how the technology is used across mortgage origination and servicing.The requirements apply when a s...

Analysis and Data

Higher Mortgage Rates Shrink Purchase Demand, Expand Buyer Leverage

Pending sales fell to their lowest level since early April, but lower asking prices and reduced competition give originators more options to structure deals for qualified borrowers

Higher mortgage rates are thinning the purchase pipeline, even as lower asking prices and reduced competition give borrowers still in the market more leverage.Seasonally adjusted U.S. pending home sales totaled 322,739 during the four weeks ending July 26, their lowest level...

Nov

California Mortgage Expo – Pasadena

Pasadena, CA

More from

Tech

Optimal Blue Adds VantageScore 4.0 To Pricing Platform

Lenders can use VantageScore 4.0 in Optimal Blue’s mortgage pricing, eligibility, hedging, trading, and MSR valuation workflows

Tech

Jul 31, 2026

Method Launches Borrower-Monitoring Tool To Target HELOC Opportunities

Portfolio Intelligence tracks changes in borrowers’ liabilities after closing, helping lenders identify potential home equity and debt-consolidation business

Tech

Jul 30, 2026

BSI Wins Ginnie Mae Approval To Issue, Subservice eNotes

The mortgage servicer can initially issue up to 1,000 eNotes and manage digital collateral for other Ginnie Mae issuers

Tech

Jul 29, 2026

New AI Platform Targets Homebuyers Before They Apply For A Mortgage

House.ai creates personalized credit, savings, and affordability plans before referring consumers to mortgage professionals

Tech

Jul 29, 2026

Mortgage Servicers Get New Option For Building Custom AI

BlackWolf will assess mortgage operations before Authority Partners develops and deploys tailored AI and automation tools