Market Problem

Currently, a loan is passed between an initial originator and potentially multiple servicers with each actor rebuilding their own record of the loan. Converting that loan into a digital instrument improves consistency and efficiency, simplifies workflows for title searches and provides better visibility into the performance of the loan.

Symbiont's Blockchain Solution

Symbiont partnered with Lewis Ranieri, the creator of the modern mortgage market, to create a blockchain solution for the
mortgage market.

Symbiont is creating a decentralized mortgage record that securely shares data among servicers, investors and other key parties. The Ranieri and Symbiont partnership is converting legacy mortgages into auditable, immutable, and verifiable Symbiont Smart SecuritiesⓇ where the complete lifecycle of the loan can be recorded and shared automatically with authorized parties.


Features and Benefits


Efficiency and transparency

Real-time access to multiparty updates, changes and corrections to support enhanced transparency into loan performance for servicers, investors, regulators and borrowers


Enhanced data security

No single point of failure, end-to-end security


Cost savings

Digitizes and automates terms of the mortgage through smart contracts, leading to reduced operational and regulatory burden



Creates a single source of truth for a mortgage through its entire lifecycle and  eliminates information loss when mortgages are sold and transferred