Liquid Mortgage creates a unique Digital Asset for each underlying loan. This Digital Asset is a replica of the original loan and allows us to attach data, payments, and transactions throughout the life of the loan.
Each Digital Asset has its own customizable identifier or ticker.
Digital Assets are backed by a single loan, not commingled with other loans.
Digital Assets are issued with the original balance of the loan, then adjusted for principal payments.
Partnering with Originators, Investors, Servicers, and Third-Party Review
(TPR) firms, a Liquid Archive is created for each loan. Data and documents
are captured in the Archive, then attached to the Digital Asset on a blockchain.
The Liquid Archive product can be tailored to Origination, Due Diligence, Servicing, Service Provider, and Borrower documents.
Verifying Completeness and Originality of loan files has never been easier!
Data and Documents are aggregated by Contributor for future validation and access.
Data and Documents are only available to permissioned parties by each Contributor.
Liquid Mortgage hashes each individual Archive document for future validation.
Continuous monitoring of Liquid Archive contents enables relevant parties to know when changes occur. Our algorithm confirms the location, existence, ownership, and originality, on an ongoing basis.
Verify customers have the ability to schedule the frequency on which the verification process runs, and which portfolios or sub-sector of loans require verification.
Never be surprised by an incomplete loan file again!
Document storage location is confirmed to exist at Contributor’s source.
Document existence is validated by reading from storage location.
Document originality is confirmed based on a proprietary algorithm comparing Liquid Archive records.