Mortgage bankers are studying the possibility of streamlining lenders' loan transaction processes by converting them to more cost-effective, standardized computer systems and software - particularly in loan delivery and investor reporting programs - and a technological revamping of those methods may not be far off.

The Mortgage Bankers Association unveiled a detailed study Oct. 26 that outlines deficiencies in the current systems and makes suggestions on improvements. The move toward the study's suggestions are "logical and inevitable," said one MBA technology analyst, who stopped short of forecasting a time frame for implementation.

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