Market Outlook
The digital mortgage industry continues to gain meaningful traction, with recent data showing a steady shift toward eNotes. ICE Mortgage Technology recently announced that the MERS® eRegistry surpassed 3 million registered eNotes, a milestone that reflects both growing lender adoption and increasing investor acceptance of digital assets. Recent MERS data highlights sustained acceleration in eNote adoption over the past year, signaling that digital mortgage execution is moving beyond early adoption into broader industry scale. In April 2026, eNote registrations reached 57,283, up significantly from 37,632 in April 2025, representing a 52% year-over-year increase. This sharp growth materially outpaces overall MERS system registration growth (paper note and eNote), indicating that digital penetration is driving the trend.
This is further reinforced by the steady rise in eNotes as a percentage of total registrations. eNotes accounted for 9.85% of MERS registrations in April 2025, compared to 12.97% in April 2026. The data shows a consistent upward trajectory throughout the period, with particularly strong gains in late 2025 and early 2026, including a peak above 15% in January. Even with some month-to-month variability, eNotes are now becoming a scalable solution as warehouse lenders and secondary market participants expand their support, signaling that digital closings are moving firmly into the mainstream.
Additionally, the mortgage industry is doubling down on technology investment. A recent survey conducted by The Mortgage Collaborative highlights that technology investment is the top strategic priority for mortgage lenders in 2026. According to the cooperative’s findings, lenders are increasingly focusing on automation, APIs, and digital closing tools to drive efficiency, reduce costs, and streamline processes across the loan lifecycle. More than half of respondents reported already leveraging automation for verifications and compliance, while many are also adopting AI-powered platforms to enhance borrower engagement and improve operational workflows.
Looking ahead, the convergence of eNote adoption and broader digital transformation initiatives positions the industry for continued modernization. As infrastructure matures, and standardization improves, we anticipate the accelerated adoption of eNotes over the next 1-2 years.
Industry News
Wolters Kluwer Earns MISMO Certification for its eOriginal eVault
Wolters Kluwer is among the first providers to be awarded the newly developed certification. Conformance to MISMO standards provides a layer of trust and assurance to lenders and other users working with certified technology providers. The industry as a whole is relying more on the trust these certifications provide.
Asurity and NotaryCam Partner to Launch End-to-End Digital eClose Platform
Asurity and NotaryCam have expanded their partnership to offer lenders a fully digital, end-to-end mortgage closing solution through Asurity’s Propel platform. By combining Asurity’s document and compliance expertise with NotaryCam’s eClosing and notarization capabilities, the solution aims to give lenders a faster and scalable closing process without sacrificing accuracy.
Snapdocs and MeridianLink Team Up to Advance Digital Home Equity Closing Solution
Snapdocs and MeridianLink have partnered to integrate digital closing capabilities directly into MeridianLink’s Consumer loan origination system, enabling lenders to fully originate and close home equity loans (HELOCs) within a single platform. As demand for home equity lending grows, the solution will provide a digital HELOC option to customers.
Promoting Access to Mortgage Credit — White House Executive Order
Section 7 of the Executive Order directs key federal housing and lending agencies to modernize the mortgage process by moving away from paper-based requirements. It encourages them to reduce or eliminate the need for physical (“wet”) signatures, expand acceptance of electronic signatures and remote online notarization, and promote standardized digital mortgage practices. Overall, the goal is to make mortgage transactions faster, more efficient, and more accessible through digitization.
Falcon’s eMortgage FastTrack Program for Loan Originators
With an increasing number of correspondent lending channels opening to the sale of eMortgages, and a growing body of research on their many benefits (e.g., cheaper to produce, faster secondary market delivery, better pricing, risk mitigation), there has never been a better time for loan originators to implement eMortgages.
Knowing where to begin is challenging and there are many considerations. Falcon Capital Advisors can help. Our eMortgage FastTrack Program is a simple, cost-effective way for your organization to quickly obtain a strong foundation in all essential eMortgage concepts and how they relate to and impact your business. And we will equip you with strategic insights acquired through our years of practice that will help you make fast progress toward accomplishing your goals.
Contact Falcon today for a free consultation.
Have an eMortgage-related news item you want to share? Want to make sure you and your team are on our distribution list? Have a question about Falcon’s digital mortgage advisory services? Send us a note at [email protected].
