Once upon a time in a small kingdom called CFI, a king and his subjects had a vision. The moneylenders have a strong business, they said, but their process is poor; we will create a system to make their lending faster and easier. [Read more]
Across the country, most banks are halfheartedly doing mortgages, eking out a minimal profit and wondering whether to stay in or bolt. But fear not, Gonzo readers. Banks can stay in the mortgage business -- if they begin to manage it with more discipline. Because it’s budgeting time, I'd like to offer some free advice on how to make money in the mortgage business. [Read more]
The era of the closed system approach is over, and a few remaining vendors are struggling to compete using outdated products. In your next serious discussion with your core system vendor, get answers to these questions regarding system integration. [Read more]