Sunday, March 4, 2012

7. Encomia.(Cover Story/10 Technology Companies To Watch)

Byline: John Adams

Everyone's got an opinion on what caused the mortgage meltdown, but Andy Dubinsky's is one of the rare public criticisms of the market embedded with a forward-looking solution.

"You look at the loans and realize how shoddy they were put together," says the CEO of Encomia, a firm that's sold electronic mortgage lending technology to more than a dozen clients, including Bank of America, Fremont Bank and others. "You need transparency in mortgage lending, and you only get that through electronic records."

Dubinsky's not a big fan of paper, and is particularly sour on legacy mortgage processing that's a mix of paper and electronic …

No comments:

Post a Comment