For years, electronic promissory notes represented a difficult middle ground in mortgage lending. The concept was good, the infrastructure was in place and early adopters showed that the model could work. Yet adoption remained uneven, often hampered by questions about investor acceptance, lender appetite and operational complexity. That hesitation is becoming increasingly difficult to justify. […]
Imagine telling a borrower that they can refinance their mortgage and close in just seven days. In 2025 that should not be a broken – it should be the standard. We now live for almost everything in a world of delivery on the same day. But although the technology exists to realize the 7-day referral, […]