Open mortgage evidence standard in development

Independent institutions. Interoperable evidence.

Connecting mortgage participants while preserving their roles, systems and control.

Evidence that can travel

Evidence created once. Trusted downstream.

Every time a loan moves between systems, someone rebuilds the evidence behind it by hand: retyping a valuation, re-checking a title position, reconciling a servicing extract that was already out of date on arrival. Three things have to hold at the same time to stop that. None of them requires any participant to give up its role.

Source

Source institutions stay authoritative.

Valuers remain valuers. Lenders remain lenders. Registries and completion infrastructure remain authoritative for title and charge. Nothing about who is responsible for a fact changes.

Verification

Evidence becomes machine-readable and verifiable.

Under an open standard, each piece of evidence carries who issued it, what it asserts, when, on what basis, and a source status reference an authorised recipient can check in a form verifiable against the source.

Reuse

Downstream systems can rely on it.

Funding, assurance and securitisation workflows consume the evidence directly, under the access rules its owner sets, instead of reconstructing it from documents and extracts. Reuse remains subject to recipient checks, permitted purpose and applicable reliance terms.

Privacy and integration

Neutral infrastructure beneath and between existing systems.

We are not a lender, a valuer, a registry or a custodian, and we do not intend to become one. Our role is at the interfaces.

Realworld is neutral infrastructure beneath and between existing institutional systems. We don't replace lenders, valuers, servicers or title providers: we make their output interoperable, so evidence created once can be trusted and reused downstream.

The institution that produced a fact stays responsible for it, and the systems it already runs stay the systems of record. Access to that evidence is controlled by the institution that owns it: loan data is permissioned by role, visible only to authorised parties for authorised purposes. We would rather show you what we are building than tell you what it will do, and we do not claim partnerships, integrations or results that are not in production.

Privacy is non-negotiable.Institutions will not operate on infrastructure where competitors can see their loan books, pricing or client activity. Ours is private by design.
We build with institutions, not for them.Institutions won't adopt infrastructure unless it mirrors familiar processes. The technology has to be invisible to them and to their clients.
Integrate with what already works.We connect to existing core banking, origination, servicing, valuation, title and capital-markets systems, designed so operational teams should not need to change how they work.

Open Standard

An open mortgage evidence standard.

We are developing an open mortgage evidence standard with institutional participants. Contact us to review the current working material and discuss implementation.

Once published, the standard will belong to the market. It is designed to require no ledger, token or new registry, to depend on no single vendor including Realworld, and to be adopted one evidence domain at a time. What we offer alongside it is the engineering to put it into production.

Contact

Interested in what interoperable mortgage evidence means for you?

Lender, valuer, servicer, title or completion provider, assurance firm, funder or standards body: let's talk. No commitment is required to have that conversation.