Current Nrei Newsletters

Subscribe to Newsletters

Join the Conversation

Vendors Fish For Smaller Lenders

Published Monday, July 17, 2006

In 2005, mortgage lenders spent $3.6 billion on technology, an increase of 8% over the previous year, according to a study by Mortech, a Guilford, Conn.-based research firm that focuses on the mortgage industry’s use of technology. That’s respectable growth, but there is a detail that Mortech founder Jeff Lebowitz says should provide cause for concern and, perhaps, an opportunity: Most of the sales were to the largest mortgage banks — tech vendors continue to focus on the 70 large institutions that complete 80% of all originations.

To continue reading this article, please register or login – it’s quick and free…

Member Login

Forgot password? Need Help?

Enter your email address below, and we'll email your password.

Are cookies enabled in your browser?

This site uses cookies and session data to keep track of your name and preferences while you're logged in. You cannot login without enabling cookies.

One Step Registration

Fill out the form below for instant access to the page you’ve requested.

Website members also receive access to our entire archive and may apply for a complimentary subscription to our print magazine.
All fields are required Personal Info
  Required Must be a valid email
  Required Passwords must match
  Required
  Required
  Required
  Required
  Required
  Required
  Required

National Real Estate Investor Magazine

Submit the form for instant access to the page you've requested.

Quick Poll

NREI Interactive Products

  • Podcast

    Commercial Real Estate: Hey, Save a Piece of Stimulus Pie for Me!

    Following a year that saw the near meltdown of the banking system, 2010 could shape up to be a better year for investors, though perhaps not as robust as some would wish.

  • Podcast

    Is the Recession Over?

    Rick Mattoon, senior economist with the Federal Reserve Bank of Chicago, shares the latest numbers from the Fed's National Activity Index that show the economy is experiencing a fairly sharp rebound from the bottom of the Great Recession.

  • Webinars

    2010: The Year of the Sale - Leaseback

    This webinar provides brokers, bankers, developers, CFOs and real estate executives with a blueprint for accessing the many facets of the sale-leaseback model.

Blogs

  • Green Shoots


  • BlackSwan


  • Traffic Court

Marketplace Ads