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50 WOLTERS KLUWER TECHNOLOGY SUPPORTS GINNIE MAE TRANSACTIONS Wolters Kluwer Compliance Solutions' newly acquired eOriginal technology platform is helping support a major U.S. government institution's efforts to adopt digital technologies as part of its broader modernization initiative. Ginnie Mae, an eOriginal client, recently announced a key milestone in its digital journey by guaranteeing securitization of mortgage-backed securities (MBS) for the first time exclusively through the use of eNotes technology, utilizing the eOrginal platform. e MBS were part of the January issuance cycle and backed by digital pools comprised exclusively of eNotes that closed in December 2020, totaling approximately $24 million in aggregate principal value. By accepting eNotes as valid collateral for loan products issued by the Federal Housing Administration, Veterans Administration, U.S. Department of Agriculture and other government entities, Ginnie Mae enables broader acceptance of digital mortgages across the residential lending ecosystem. "is transaction marks a turning point for Ginnie Mae and for the broader mortgage industry in facilitating the digital securitization of loans," said Angel R. Hernandez, Director of MBS Policy and Program Development, Office of the President for Ginnie Mae. "Our use of digital technologies such as eNotes speeds transactions and helps support consumer access to credit while reducing the risk of defects in loan instruments, and it sets the foundation for broader and more rapid adoption of digital mortgages." e eOriginal platform enables lenders and their partners to create, store and manage digital assets through a leading set of purpose-built electronic signature, closing and vaulting solutions including SmartSign®, ClosingCenter™, and eAsset® Management (with connectivity to the MERS eRegistry). e platform enables frictionless, secure and trusted transactions of digital loan assets and is used by all types of lenders including mortgage, auto, consumer, commercial, and more. "Ginnie Mae's adoption of our eOriginal platform for its securitization process marks the continued progression—and acceleration of digital technologies that are helping speed and secure transactions in the mortgage ecosystem," said Steven Meirink, EVP and General Manager, Wolters Kluwer Compliance Solutions. "With eOriginal's purpose-built electronic signature, eClosing, and eVaulting capabilities now part of our portfolio, we have an end-to-end digital capability and are well-positioned to assist lenders throughout all phases of the lending process, from origination through to the secondary market, with compliance certainty." Industry Updates From mergers and acquisitions to cutting-edge tech tools and solutions, here's the company news the industry is talking about this month.