(Note:  This Page is under construction)

(Target launch date is Oct 1st, 2021)

Welcome to the Mortgage Industry Subgroup.  

Purpose

To foster sustainable, inclusive communities through efficient, fair, and quality mortgage lending around the globe. 

Vision

To securely close home loans as efficiently as an auto loan while delivering a superior digital customer experience.  

Mission

To educate mortgage lenders, vendor partners, investors, real estate records custodians, and government agencies around the globe of production-ready blockchain technologies that support the global housing mission of creating sustainable, inclusive communities through efficient, fair, and quality mortgage lending.  

Introduction

The Mortgage Industry Subgroup (MIS) is focused a global community who will focus on technical and business-level issues challenges within the Mortgage Industry and on developing applicable use cases for blockchain technology in the Mortgage Industry (MI).  It The Subgroup will bring together business, technical, academic, and industry-related expertise to address challenges with the MI.  These include trust work together on blockchain education, use case identification, POCs and production implementations.  The life cycle of a mortgage has a complex framework, involving many entities, for example originators, servicers, investors, regulators, and a vast ecosystem of vendors and service providers.  There are many trust issues and transparency challenges due to the involvement of multiple entities, and no clear mechanism to track end-to-end activities of every entity, and complex operations due to the involvement of many partners, vendors, customers, distributors, and network providers.  These aforementioned problems can be addressed through the application of blockchain technology.  across the lifecycle of a the mortgage.  Blockchain can address many issues in the lifecycle of a mortgage with its decentralized and distributed ledger technology, with trustless operability, that is immutable and auditable.

Objectives

• Identify specific opportunities where the application of blockchain technologies can meaningfully advance the state of the mortgage industry
• Provide a foundation for real-world use case identification, blockchain technology alignment, and operational validation of technology fit for purpose
Share stories of successes, failures, opportunities and challenges

• Work towards building a Mortgage Industry Blockchain consortium

• Identify conferences or other opportunities to connect face to face, as well as submit talks or present as a group at an event

• Serve as an open channel of communication between the membership of this Special Interest Group and the leadership of Hyperledger to inform leadership on prospective improvements of Hyperledger frameworks and toolsets, within the context of the mortgage industry

Subgroup Contacts

News and Updates

Meeting Schedule Notes & Recordings

All Hyperledger meetings are covered by the following Antitrust Policy.