Many FHLBank Topeka members are currently originating eNote mortgages or exploring eNote technology. You may wonder why eNotes are not currently accepted as collateral by FHLBank Topeka or any FHLBank in the System. In order for us to take an asset as collateral, we need to be able to value and sell that asset. This is a regulatory requirement and a generally prudent lending practice.
Helping our members succeed is our number one priority, and we have joined with the other FHLBanks to review the legal and operational requirements to accept eNotes as collateral. As information becomes available, we plan to keep you updated on our progress. To make sure you receive our updates, please subscribe using the button below.
Questions about eNotes? Get in touch!
Lance Liby | FVP, Chief Credit Officer | 785.478.8140
Kylie Mergen | VP, Director of Financial Services | 785.478.8203
Amber Myers | Officer, Collateral Review Coordinator | 785.478.8195