A technology demonstration sponsored by the Electronic Financial Services Council
(www.efscouncil.org) for members of Congress and their staffs in October showcased some of these technologies used in mortgage origination.
"That really surprised us because we thought it was 13% to 15%," said David Blair, vice president for insurance industry and regulatory affairs with QuickenInsurance, which commissioned the survey in partnership with the Electronic Financial Services Council
, a financial services trade group.
These and related bills are tracked and reported by the Electronic Financial Services Council
, a Washington, D.C.-based trade association of online financial services providers, of which the author is co-counsel.