Acceleration

Is the eNote Legal Tender or Unconstitutional (like the US Dollar)? When it’s Controlled by Freddie and Deutsche, It’s Unconstitutional

eNotes were first issued in the US in 2001 but they have grown exponentially over the last 2 years. Deutsche Bank has continued to partner with the country’s leading mortgage lenders to support the digital solutions for the industry.

Deutsche Bank and Freddie Mac and the ‘eNote’ Partnership

Deutsche Bank’s Trust & Agency Services has partnered with Freddie Mac to launch an automated eNote certification and safekeeping solution as a third-party Document Custodian representing the first of its kind in the industry. The platform combines a Deutsche Bank hosted automated certification solution with the Freddie Mac Loan Seller Advisor platform

“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,” said Samuel E. Oliver III, Vice President, Single Family Major Projects, Freddie Mac.

Deutsche Bank currently serves as one of Freddie Mac’s top Document Custodians. In the future, Deutsche Bank will be able to service the eNotes portfolio providing Freddie Mac a one stop integrated solution.

“The launch of this authentication solution together with Freddie Mac highlights Deutsche Bank’s commitment to being the most innovative player in the US Document Custody space. With a strong team of industry experts and leveraging the latest advances in technology, Deutsche Bank continues to provide superior service to our clients,” said Jose Sicilia, Global Head of Trust & Agency Services, Deutsche Bank.

eNotes were first issued in the US in 2001 but they have grown exponentially over the last 2 years. Deutsche Bank has continued to partner with the country’s leading mortgage lenders to support the digital solutions for the industry.

Deutsche Bank’s rollout of its eVault in May 2018.  At that time, less than 500 eNotes were being originated on a monthly basis, this figure has grown to over 17k eNotes per month and it is expected to continue to grow in the future. The Document Custody business at Deutsche Bank handles more than 95% of all eNote originations in the US.

As a leading player and authority in the industry, Deutsche Bank serves as a Co-Chair on the Mortgage Bankers Association (MBA) eNote working group, is a panelist participant at MERS eNote Bootcamps and is often consulted on a wide range of eNote topics.

Please wait while we processing your donation 
Please wait while we processing your donation 
Please insert all the required fields
Please insert correct email
Please fill in a valid amount
  • AF
  • AX
  • AL
  • DZ
  • AS
  • AD
  • AO
  • AI
  • AQ
  • AG
  • AR
  • AM
  • AW
  • AU
  • AT
  • AZ
  • BS
  • BH
  • BD
  • BB
  • BY
  • BE
  • BZ
  • BJ
  • BM
  • BT
  • BO
  • BA
  • BW
  • BV
  • BR
  • IO
  • BN
  • BG
  • BF
  • BI
  • KH
  • CM
  • CA
  • CV
  • KY
  • CF
  • TD
  • CL
  • CN
  • CX
  • CC
  • CO
  • KM
  • CG
  • CD
  • CK
  • CR
  • HR
  • CY
  • CZ
  • DK
  • DJ
  • DM
  • DO
  • EC
  • EG
  • SV
  • GQ
  • ER
  • EE
  • ET
  • EU
  • FK
  • FO
  • FJ
  • FI
  • FR
  • GF
  • PF
  • TF
  • GA
  • GM
  • GE
  • DE
  • GH
  • GI
  • GB
  • GR
  • GL
  • GD
  • GP
  • GU
  • GT
  • GG
  • GN
  • GW
  • GY
  • HT
  • HM
  • VA
  • HN
  • HK
  • HU
  • IS
  • IN
  • ID
  • IE
  • IM
  • IL
  • IT
  • CI
  • JM
  • JP
  • JE
  • JO
  • KZ
  • KE
  • KI
  • KR
  • KP
  • KW
  • KG
  • LA
  • LV
  • LB
  • LS
  • LI
  • LT
  • LU
  • MO
  • MK
  • MG
  • MW
  • MY
  • MV
  • ML
  • MT
  • MH
  • MQ
  • MR
  • MU
  • YT
  • MX
  • FM
  • MD
  • MC
  • MN
  • ME
  • MS
  • MA
  • MZ
  • NA
  • NR
  • NP
  • NL
  • AN
  • NC
  • NZ
  • NI
  • NE
  • NG
  • NU
  • NF
  • MP
  • NO
  • OM
  • PK
  • PW
  • PS
  • PA
  • PY
  • PG
  • PE
  • PH
  • PN
  • PL
  • PT
  • PR
  • QA
  • RE
  • RO
  • RS
  • RU
  • RW
  • SH
  • KN
  • LC
  • PM
  • VC
  • WS
  • SM
  • ST
  • SA
  • SN
  • SC
  • SL
  • SG
  • SK
  • SI
  • SB
  • SO
  • ZA
  • GS
  • ES
  • LK
  • SR
  • SJ
  • SZ
  • SE
  • CH
  • TW
  • TJ
  • TZ
  • TH
  • TL
  • TG
  • TK
  • TO
  • TT
  • TN
  • TR
  • TM
  • TC
  • TV
  • UG
  • UA
  • AE
  • US
  • UM
  • UY
  • UZ
  • VU
  • VE
  • VN
  • VG
  • VI
  • WF
  • EH
  • YE
  • ZM
  • ZW
  • AL
  • AK
  • AS
  • AZ
  • AR
  • CA
  • CO
  • CT
  • DE
  • DC
  • FM
  • FL
  • GA
  • GU
  • HI
  • ID
  • IL
  • IN
  • IA
  • KS
  • KY
  • LA
  • ME
  • MH
  • MD
  • MA
  • MI
  • MN
  • MS
  • MO
  • MT
  • NE
  • NV
  • NH
  • NJ
  • NM
  • NY
  • NC
  • ND
  • MP
  • OH
  • OK
  • OR
  • PW
  • PA
  • PR
  • RI
  • SC
  • SD
  • TN
  • TX
  • UT
  • VT
  • VI
  • VA
  • WA
  • WV
  • WI
  • WY
  • AA
  • AE
  • AP
  • AB
  • BC
  • MB
  • NB
  • NL
  • NT
  • NS
  • NU
  • ON
  • PE
  • QC
  • SK
  • YT
1 Comment

1 Comment

  1. Pingback: Deutsche Bank Has Paid over $18 Billion Dollars in Fines. America Gives it a Lifetime Key to the Vault of American Homes | Laws In Texas

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

ADVERTISE on LIT

Laws In Texas is a blog about the Financial Crisis and how the banks and government are colluding against the citizens and homeowners of the State of Texas and relying on a system of #FakeDocs and post-crisis legal precedents, specially created by the Court of Appeals for the Fifth Circuit to foreclose on homeowners around this great State. We are not lawyers. We do not offer legal advice. We are citizens of the State of Texas who have spent a decade in the court system in Texas and have been party to during this period to the good, the bad and the very ugly.

Copyright © 2020 Laws In Texas. | All Rights Reserved.

To Top