Your Thoughts?
Let your voice be heard! Respond to the "Your Thoughts?" question and explain your answer and we'll possibly use your comments in the next installment of this newsletter. So, stay tuned for that next issue to see how the industry responds and how you measure up to the consensus.
Your thoughts?How important is investing in fraud detection technology nowadays? |
Tech Debate
There could be a new e-mortgage player. Find out who here. Join the conversation.
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Recent Technology Headlines
- First American Offers Reverse Mortgage Score
- Consolidation in Title Industry: FNF Buying LFG
- Weichert Feeds Zillow Listings
Conference Calendar
January 22 - 23
12th Annual Mortgage Technology Conference
SourceMedia Conferences
Palms Resort
Las Vegas, Nevada
Tel: 800-803-3424
More info
Click here for more events...
Market Data
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We welcome your comments or questions! Please e-mail them to our editor at Anthony.Garritano@SourceMedia.com
Trend Watch
More Bad News
By Anthony Garritano, Editor, Mortgage Technology Magazine
Could 2009 be a worse year then 2008? It depends on what you’re talking about. In total, 56% of 18 respondents expect technology spending in 2009 to be far less then what spending was this year.
And the president of MORTECH Jeff Lebowitz, who specializes in this area, agrees with the majority of these respondents. “There isn’t a lot of experimental capital out there. I fear that innovation will suffer. That’s going to hurt vendors because that’s what they live on.” So, how far down will spending truly be next year?
Industry Outlook
An ESIGN Reunion
By Nancy Alley, VP – Product Management, Wave eSignSystem
As I looked around the Electronic Signature and Records Association (ESRA) conference last week in Washington, D.C. it reminded me a little of a 10-year high school reunion. After all, we are close to a decade into the Uniform Electronic Transactions Act (UETA) and soon to be nine years into ESIGN. Back then, e-signatures had just earned their diploma and were ready to be pushed off into the adult world. Here we stand reunited almost a decade later. Where has the time gone? And what do we have to show for ourselves?
Just like the best high school clique, the cast of characters has pretty much remained the same but the years have defined and matured each of these ESIGN executives. Despite lots of champagne popping in 2000 with the ESIGN legislation, the industry crawled along for the first half of the decade. Many an attorney, e-commerce manager and e-sign vendor endured numerous false starts, reorganizations and business model changes in the early years. I liken this to the tumultuous (but typically fun) college years where we all struggled to plan our future and our ultimate success.
Featured Event
12th Annual Mortgage Technology ConferenceJoin your fellow mortgage lenders, servicers and investors to learn about the tools you need to succeed in this ever-changing market at SourceMedia's 12th Annual Mortgage Technology Conference on January 22-23, 2009 at the Palms in Las Vegas, Nevada.
Please visit the conference website for more information.
Video Newscast
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Alliances and Interfaces
Partnership to Help Close Loans Faster
By James Comtois, Online Reporter
Using online forms has become one of the most omnipresent ways to facilitate transactions in the mortgage industry. As a means of delivering an easier and more secure online contract services and signing capabilities to real estate professionals, DocuSign, a provider of software services for electronic signature and online contract execution, and Realfast, a provider of online contract forms for the real estate industry, have formed a joint partnership.
Under the partnership terms, Realfast is integrating DocuSign’s suite of application integration services, DocuSign Connect, into its online contract service. In doing this, Realfast is providing its real estate customers with a more convenient, secure and efficient way to deliver, populate, and sign legally binding real estate documents.
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