- Type: Solution
- License: Proprietary
- Industry: Banking, Mortgages
- DAML Version: 1.2
The Mortgage Origination application is a unique distributed ledger technology based solution using DAML. This solution streamlines the mortgage application and approval processes, removing operational overheads and latencies between different participants in the mortgage space. The solution can be tailored to meet regulatory requirements as needed for various regulations
- Allows various participants to be onboarded to the network
- Maintains GDPR compliance
- Utilizes DAML smart contracts to receive and collate information from various stakeholders such as credit agencies, title agents, and banks
- Removes repetition from the current process
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