"I fear waking up one day and having our systems shut down because they're so old," said acting FHA Commissioner Biniam Gebre.
The Federal Housing Administration could finally get something it desperately needs: upgrades to its outdated technology infrastructure. But industry groups object to the new fee being proposed to generate the necessary funding.
"He had a mind that went further beyond what the world was doing. At the time, computers, and putting something like a bidding war on the Internet was far-fetched," Angela Carpino-Fraser said of her late husband, IMX founder Steve Fraser.
The namesake of the lifetime achievement Mortgage Technology Award left a tremendous legacy on the mortgage industry.
The Transforming Valuations Award recognizes a technology advancement in the appraisal, broker price opinion or automated valuation sectors. Learn about this year's finalists and see who won the 2014 MT Award.
CRM companies are rolling out products to help originators get in contact with and convert purchase leads.
Some industry observers believe a CFPB pilot program may do what technology advances and e-commerce advocates have failed to accomplish for more than a decade: spark widespread adoption of e-closings.
Mortgage Technology Magazine: Fall 2014 Issue
• MT Award Winners
• Remembering Steve Fraser
• CFPB eClose Pilot
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  • MT Award Winners
  • Remembering Steve Fraser
  • CFPB eClose Pilot
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