This initiative is an industry-led effort to establish a Mortgage Data Repository as a centralized system of record for mortgage collateral information. The immediate purpose of the Repository would be to facilitate the immobilization of mortgage collateral documents so that once placed into custody, there is no need for movement as the result of subsequent transactions. Today, mobility of physical loan documents is a significant source of cost and risk in mortgage origination and servicing, and implementing digital infrastructure that removes the need to move paper files would be a meaningful improvement to the mortgage market. Longer term, the Repository could be the foundation for the efficient exchange of information beyond basic collateral data, leading to improved standardization and market functioning within the housing finance system.

 

This initiative is in an exploratory stage, meaning none of the ideas reflected in this document should be considered final or definitive.  

 

We invite interested parties to review the document and submit input by October 31, 2026.

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Stakeholders can submit input in various ways:

• comment on the RFI document and send to repository@housingpolicycouncil.org

• respond to questions in a separate text document and send to repository@housingpolicycouncil.org

• use the survey tool provided here