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This is only the start. According to Albus, more buyers are shopping for eNotes and she or he expects that within the subsequent three to four years, extra of BAML’s mortgage e book can be electronic based, as traders turn out enotes to be more and more aware of the benefits of digital mortgages (see Figure 2). The marketplace for selling eNotes has also expanded over the past yr, with extra lenders and buyers buying them. Other warehouse lenders are following swimsuit.
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