Fannie Mae named eOriginal an eMortgage technology solution provider after it completed integration testing for eNote, eClose and eVault capabilities.
Other companies have also begun to add eClosings as the demand continues to grow within the market. In April, eOriginal will showcase its solution at the MBA National Technology in Mortgage Banking Conference and Expo in Los Angeles.
“We’re proud to support organizations like Fannie Mae and Freddie Mac as they make their push toward digital mortgages,” eOriginal president and CEO Steve Bisbee said. “There is an acute need for transparency of data exchanged between counterparties and the creation of new standards. It’s great to be among the forces moving the industry forward to secure, digitized transactions.”
Fannie Mae eMortgage Product Manager Michael Cafferky said the addition of eOriginal will give customers more options.
“Fannie Mae is pleased that eOriginal has completed technical compliance testing with us for delivery of eMortgage loans, and has been added to our eMortgage Technology Service Provider listing,” Cafferky said. “Supporting our customers’ transition to digital closings is a priority for us, and the addition of eOriginal will expand options available to our customers to originate and deliver eMortgages to Fannie Mae.”