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ยป VISIT US ONLINE @ DSNEWS.COM 121 "We place the consumer experience at the center of all the products and services we offer, and this program underscores that com- mitment," Das said. "e Caliber Ultimate Homebuying Experience will make mortgage applications, approvals, and closings easier and faster and does not impact our robust underwriting guidelines. With our high-touch business model, we think it's the best of all worlds. We are thrilled to launch this program and look forward to enhancing the homebuy- ing experience for our clients." VIRGINIA Freddie Mac Requests to Remove Stocks from EU Freddie Mac has announced that its debt securities, mortgage securities, and STACR debt notes will be removed from markets in Luxembourg and Ireland. Freddie Mac made the decision to with- draw from the European Union Markets due it becoming increasingly "burdensome" and "costly" to comply with the Market Abuse Regulation that recently went into effect. Freddie Mac reported that due to the "unique circumstances" surrounding its conservator- ship, it could not support remaining in these markets. With the announcement, Freddie Mac included a reference to the current debt securities, mortgage securities, and STACR debt notes that it currently has listed on both exchanges. Freddie Mac is planning to begin the del- isting process for Luxembourg and Irish Stock Exchanges by the first quarter of 2017, and the process completion will be subject to action by the Exchanges. GSE Releases List of Confirmed eMortgage Dealers Freddie Mac has released a list of compa- nies that were granted access to use eNotes, its eMortgage solutions technology. eNotes simplifies the mortgage process by allowing companies to create, sign, and store electronic promissory notes. e Joint GSE eMortgage Outreach Survey Findings on the State of Industry Adoption, a joint survey conducted by Freddie Mac and Fannie Mae with supervision from the Federal Housing Finance Agency, found that lenders are more inclined to lead the eMortgage process. e report also found that warehouse banks, servicers, and title/settle- ment partners would embrace the technology, if requested to do so by their lending partners. Digital Delivery, eSign Systems, Fiserv, and Pavaso were all approved to use eNotes. DocMagic and eOriginal are currently undergoing the full review process but have provisional approval to use the system. Samuel E. Oliver III, VP of Transforma- tion Management at Freddie Mac, says the eMortgage solution had to adhere with certain conditions before being brought to vendors. "e eNote is a critical document that needs to meet the 'transferable record' requirements of electronic transactions laws," Oliver said. "In other words, it has to be a single, unique, unaltered, authorita- tive copy, and there are special technology requirements that the mortgage industry has designed to comply with these requirements. Whether sellers build, buy, or license it, the system must facilitate the creation, signing, transfer, and storage of the eNote to comply with these requirements. at's why we took the extraordinary step of publishing this list of approved vendors." THE LEADER IN DEFAULT SERVICING NEWS Help shape the next issue of DS News. Drop us a line at Editor@DSNews.com. In November, the number of properties that received a foreclosure filing in Utah was 1 in every 2080, according to RealtyTrac. KNOW THIS