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This additionally increases the number of outstanding lively eNotes to 109,000, representing approximately $28 billion of residential mortgages. Fast development of eNotes is a key indicator that the residential lending business continues to drive towards larger digitization of the production process. eNotes are a vital part of a digital mortgage technique, as they don't require notarization, are enforceable in all 50 states, and easily integrate into an electronic closing process that improves the buyer experience and lowers lenders' prices.

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