Articles Available for Viewing and Download

The leading mortgage industry newspapers and magazines regularly publish MORTECH articles and interviews. The articles we publish show how MORTECH can be used to explore important industry and technology issues. Through these publications we give back to the industry some of the knowledge gained through our MORTECH surveys. Brief extracts follow on several of these articles. You are able to view and download an entire article by clicking on the title.

LPS - A lesson in Creating Value LPS - A lesson in Creating Value January 2011

Back in the late 1970's and early 1980's I worked in corporate development at New York-based Chase Manhattan Bank. The banking business was difficult then. In 1975, Chase took enormous write-offs in its real estate loan portfolios. LPS is a case study in how a small technology company rode the crest of change and innovation in the mortgage industry to become a dominate provider. . .

Is the Mortgage Technology Market Closed? Is the Mortgage Technology Market Closed? January 2011

Mortgage lenders have slammed the brakes on information technology (IT) spending. Bend, Oregon–based MORTECH, LLC’s MORTECH survey of lender use of technology reports that the number of loan origination systems (LOS) and systems shoppers is at the lowest level in the more than 20 years...

The Case of Peggy O’Keefe and Financial Forms and Services Inc. The Case of Peggy O’Keefe and Financial Forms and Services Inc. January 2011

In February 2007, MORTECH, LLC declared in a note to its research sponsors, “It is official: The industry is going through yet another retrenchment. Volatility in loan production is nothing new, and downsizing to fit a lower transaction flow is business as usual in the mortgage industry...

From Disorder, Financial Opportunity From Disorder, Financial Opportunity September 2010

Foremost among unresolved effects of the credit meltdown of 2007–2008 is the inability of the federal government and its deputized loan servicers to support homeowners who face foreclosure. As the focus of government policy has moved from restoring liquidity in the banking system to shoring up housing markets, success has eluded government officials...

A Technology Response to the Great Recession A Technology Response to the Great Recession July 2010

It’s no secret how difficult it has been for mortgage lenders to survive the credit crisis of 2008 and the Great Recession caused by lack of liquidity. The greatest impact on the average lender from the recession is a scarcity of loan volume...

IBM Up In the Clouds IBM Up In the Clouds March 2010

The idea for this column took shape while I was attending San Francisco–based Salesforce.com Inc.’s “Dreamforce Global Gathering 2009” meeting. The meeting brought together 16,000 users and developers of applications that reside in the Salesforce. com computing “cloud.” From among the minions of 16,000 were brought roughly 135,000 applications running on the company’s Force.com platform. (Rapid rollout of business applications is a major attraction of cloud computing.)

Business Is Off, But the Level of Effort Is Up Business Is Off, But the Level of Effort Is Up December 2008

We are in a recession. This recession may be deeper, longer and more painful; than we have experienced in decades. The freezing of the capital-intensive projects...