Case Study: Fannie Mae achieves lower costs and greater eNote confidence with eOriginal's eVault

Fannie Mae - Customer Case Study

Fannie Mae, a leading source of mortgage financing that helps make 30-year fixed-rate mortgages and affordable housing possible nationwide, faced growing delivery, reliability, and data-quality problems with its mid‑2000s in‑house digital vault for electronic promissory notes (eNotes). As a large‑scale buyer of eNotes, the organization needed a highly scalable, secure solution with strong customer support and deep integration with industry systems like the MERS eRegistry to lower total cost of ownership and support future growth.

Fannie Mae selected eOriginal’s eAsset Management eVault, which delivered improved scalability, security and system performance plus MERS eRegistry integration. eOriginal’s Customer Success team migrated 80,000 records seamlessly, enabling Fannie Mae to eliminate internal vault maintenance costs, achieve 100% data accuracy for auto‑certifying eNotes, remove lost‑note and paperwork inconsistencies, and open the door to new services and product enhancements.

Fannie Mae

Michael Cafferky

eMortgage Product Manager