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 Another bank accepting eNotes
Posted by  ikando on 5/20/19 12:44pm

I get emails from a publication called the Dodd Frank Update. Here's the latest:

JPMorgan Chase discusses plan to accept eNotes
Banking
Friday, May 17, 2019

JPMorgan Chase has begun accepting electronic promissory notes (eNotes) as collateral to fund warehouse lending transactions, making it the second top-five bank by asset size to make a major announcement on the eNote front since October of last year.

Dodd Frank Update talked to Thanh Roettele, head of the CCBSI Mortgage group, to get input about the company’s new eNote capabilities, including certain efficiencies associated with using eNotes in warehouse lending.
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