In the Mortgage Industry, IT Matters

Harris, Jeanne G.; Brooks, Jeffrey D.
December 2004
Mortgage Banking;Dec2004, Vol. 65 Issue 3, p62
Reports that leading mortgage lenders are positioning themselves to survive and thrive for the long term by employing information technology to achieve lower costs and greater efficiencies. Characteristics of high-performance banks, according to the consulting firm Accenture; DeepGreen Bank's employment of an Internet-based system that turns around credit decisions quickly by skimming off the easiest cases; Nontraditional mortgage lenders' adjacency plays in the mortgage industry. INSET: Traits of Top Performers.


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