Fannie Mae's automated underwriting systems are gaining market share and bringing in more fee income, according to a report by Morgan Stanley Dean Witter.

But fee income is just the "tip of the iceberg" that this technology can bring, wrote Kenneth A. Posner, a Morgan Stanley vice president who wrote the report.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.