Remaking U.S. Mortgage Banking and Technology (Tower on Tech‪)‬

By the time you read this, it is likely that yet another new major U.S. financial system development has had a negative impact on mortgage and financial markets. The current global financial markets situation is unprecedented in most of our lifetimes, with each day bringing a brave new world of market failure. We are in uncharted territory, unless we dig up the economic charts beginning in October 1929. This Tower on Tech column seeks to move beyond the headline events of the past year to examine what the U.S. mortgage finance system may look like in three to four years, and addresses the following questions: 1) What will the structure of U.S. mortgage finance look like in 2012?; 2) How will loans be funded and distributed?; and (3) How will lender technology demands change?