Blockchain MERS alternative from Figure integrated with fintechs

Blockchain MERS alternative from Figure integrated with fintechs.

By Andrew Martinez April 22, 2022

Two mortgage fintechs will be the first to allow their customers to register loans with DART, a digital lien and eNote registry system that’s an alternative to the mortgage electronic registration system commonly known as MERS.

Blue Sage Solutions, a cloud-based lending platform, and Docutech, a digital fulfillment firm and First American company, are integrating with Digital Asset Registration Technologies, a registry utilizing blockchain technology. DART was developed by San Francisco-based Figure Technologies, which first sold eNote mortgages registered through DART last month on the Provenance Blockchain marketplace.

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