Remove 2020 Remove Legal Remove Legal Fees Remove Mortgage
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Two Southern banks complete mortgage eNote transfer

Housing Wire

eNotes contain the same information as a traditional mortgage note – on paper – but they are created, signed and stored digitally. Officials said 11 federal home loan banks set servicing system requirements relating to eSignatures and eNote documentation in early 2020 – the culmination of three years of development.

Mortgage 362
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The opportunity cost of modern-day redlining

Housing Wire

Modern-day redlining persists, and it’s costing lenders millions in legal fees. Recently, the Department of Justice (DOJ) has taken a strong stance on redlining, taking direct legal action against bad actors and thrusting the topic into the national spotlight. The future of the mortgage industry is increasingly diverse.