The Federal Housing Administration — whose volume is expected to rise to about 30% of industrywide originations this year — says it recognizes the need to automate and will publish electronic mortgage specifications this year.

"We know we need to work in a paperless environment," said Jo Ann Kuczma, the director of the home mortgage insurance division at FHA. "Our goal is to receive all mortgage documents electronically and update FHA systems with all required information so that manual input of information by lenders is not required."

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