eNotes

• PHH allows delivery of FNMA and FHLMC eNotes (separate seller approval needed prior to delivery – complete attached Questionnaire )
• Multiple approved warehouse agreements along with streamlined UAT and testing processes allow for a quick setup and approval process.
  • Please contact your Sales Executive for sign up/approval
• Experienced sales and operations teams ready to work with clients in all stages of the eMortgage process
  • We are happy to assist and answer any questions you may have - please contact your Sales Executive to setup a call to discuss the approval and setup process

Commonly asked Questions on allowed signing methods:

• Traditional –
  •  No separate approval needed
    • All docs wet signed
•  Hybrid (wet note)
  • No separate approval needed
    • Misc docs are eSigned
      •  Note: CD and/or NORTC are recommended to be part of wet sign package
    •  Note is wet signed
    • Notarized and legal docs are wet signed
• Hybrid (eNote)
  •  Separate approval is needed
    •  Fannie and Freddie Only
    • All misc docs are eSigned
      •  Note: CD and/or NORTC are recommended to be part of wet sign package
    • The Note is eSigned
    • Notarized and legal docs are wet signed
•  eMortgage
  • Separate approval is needed
    • Fannie and Freddie only
    • All docs misc docs are eSigned
    • The Note is eSigned
    • Notarized and legal docs are eSigned
      • Note: RON is allowed assuming that eSigned docs are recordable with the county and that the signing method used meets all applicable agency, federal and state requirements and the loan is able to be fully insured with title with no exceptions. Some states do have restrictions on RON, and these need to be addressed and validated by the title company/notary service as far as what is allowed.