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Home » Store » Taxable » MBA Study Finds New Spending Priorities

MBA Study Finds New Spending Priorities

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About 67 percent of mortgage technology spending in 2003 was dedicated to origination functions, with most of the rest being devoted to servicing functions, a new study by the Mortgage Bankers Association has found. “As mortgage volume eases, technology budgets over the next few years are expected to focus more on loan origination system conversions, consolidations, and systems development,” said Gabe Minton, the MBA vice president who directed the survey. …
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