Industry NewsTechnology

Not everyone on same electronic page in real estate

Stumbling blocks to e-mortgage adoption
Published on Dec 14, 2005

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by CareyBot

Year after year, at conference after conference, mortgage technology leaders insist that paper-based housing transfers are about to give way to electronic alternatives. Yet, time has proven these predictions well off the mark, at best, and at worst, a pipe dream.

None of this is to be taken as criticism of the e-faithful like Gary Clark, chief information officer, Pasadena, Calif.-based IndyMac Bank, which will lend $60 billion in mortgages this year ...