eOriginal Inc. has 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 integrate eNotes into their mortgage origination process.
Black Knight joins others in the industry 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 provided 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, SVP 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.”