More Standards, a Few Milestones May Make 2006 the Year eMortgages Begin to Take Root
January 26, 2006
Despite several years of intelligent design being thrown at it, the all-electronic mortgage has evolved at a very deliberate pace. Boosters of the so-called eMortgage say recent events may help accelerate a concept that promises significant productivity gains in a market that prizes efficiency. Wells Fargo’s delivery of its first eMortgage to Freddie Mac last week is being hailed as a milestone that will jumpstart the era of paperless mortgages. Indeed, all the technology pieces…
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.