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Buckley Sandler’s latest white paper, Enabled by Lenders, Embraced by Borrowers, Enforced by the Courts: What You Need to Know about eNotes , drills down on the eNote and states, The mortgage industry is now poised to really transfer in the direction of the digital transformation of the complete mortgage loan, including all segments of the mortgage lifecycle together with software and preliminary disclosure supply, closing, notarization, recording and securitization.” MERSCORP Holdings, Inc. engaged Buckley Sandler to creator the white paper.
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A fast explainer on what an eNote is. An eNote is an digital version of the promissory word, the record of the obligation to repay the mortgage. Previously, tis document was a paper document, but in recent enotes times , a move in direction of digitization in the mortgage business saw an increase in a digital model of the document, known as an eNote.