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Thinking About Industry’s Tech Priorities

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At the start of the year Financial Insights published its sixth annual analysis of strategic information technology initiatives for the banking industry. We were optimistic about the year for banks and their information technology vendors.

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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
A source of relief for both banks and homeowners that could help the housing market and economy recover
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