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Special Reports
In this section of BrokerUniverse we examine a subject of key importance
for mortgage originators every month, based on special reports that run in our sister publication, Origination News.
Origination Technology Update
Creating Independent Orbits
Service-oriented architecture is one of the latest buzzwords in the technology
business. It generally refers to the ability to make changes to different portions of an automated process independently,
without having to disrupt other links in the chain. It is designed to make technology implementation faster and
easier, at least as long as it doesn't disrupt the central unit where the data are held and which serves as sort
of a base for the satellite processes to orbit around.
We open our Special Report with a story about service-oriented architecture because
it appears to have implications that could change the way originators strategically think about the technology
they purchase in terms of its cost, flexibility and implementation time.
Also in this section we take a look at how technology used to handle personalized
documents can be used to an originators' advantage and examine an interface a company is offering that allows users
to make links between their loan origination system and a vendor's compliance automation. Another loan origination
system-friendly software detailed in the pages that follow may help originators and mortgage brokers manage their
business more efficiently. In addition, this Special Report contains information about home-equity lending and
commercial lending capabilities that can be added on to a loan origination system.
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