SOURCE: SourceMedia

February 14, 2006 10:00 ET

SourceMedia's 9th Annual Mortgage Technology Conference Attracts Industry Experts

Educational Sessions, Informative Panels, Roundtables Highlight Conference

NEW YORK, NY -- (MARKET WIRE) -- February 14, 2006 -- The leading lenders and vendors in the mortgage industry received the latest information on how to navigate the rapidly-changing automation environment at SourceMedia's 9th Annual Mortgage Technology Conference held in Miami, Feb 5 - 7, 2006 at the Fontainebleau Resort.

The two-and-a-half day conference was kicked off by Ed Albrigo, SVP Change Management, Freddie Mac, who discussed the changing industry and how institutions should take appropriate action. Immediately following, Mortgage Cadence sponsored a Super Bowl Preview and Networking Reception.

Mark Fogarty, SourceMedia's Mortgage Group editorial director and chairman of the conference, gave opening remarks Monday morning, followed by CIO of National City, Joseph McCartin's Keynote Address. McCartin discussed the new landscape of lending technology, citing real-life examples from his experience. Additional speakers included Kathy Cummings, SVP senior Service Delivery manager, Bank of America Consumer Real Estate on "Mortgage Industry Trends;" John Tenuta, division president, Fiserv, "e is now a constant value in mortgage lending equations;" and William Adamowski, CEO, MortgageHub and Galen Hain, VP of software development, GMAC Commercial Mortgage, "Leveraging emerging technologies for a competitive edge."

Fogarty said, "This conference was designed to bring the best technological practitioners together in panel discussions and breakout sessions to share ideas, best practices, techniques and trends and to have them discuss the overall state of the mortgage industry. The lender-vendor panels provided interactive dialogue between participants and the audience."

The conference offered two tracks for attendees; the eMortgage Track chaired by Anthony Garritano, managing editor, Mortgage Technology magazine and the Technology Track chaired by Craig Focardi, TowerGroup. Each track included industry experts in a panel setting discussing topics such as "Taking point-of-sale automation further," "Creating a truly collaborative workflow," "Fraud/ID Theft" and "Technology integration and open standards; what you need to know."

According to attendees, the conference presented them with the knowledge to further leverage technology for their strategic efforts as well as the business intelligence, industry insights and first hand information on how to put those practices into place. It also provided an opportunity to learn more about industry trends and discuss practical business strategies and solutions from the experts.

About SourceMedia's Mortgage Group

SourceMedia's Mortgage Group consists of five major print publications: Broker, Mortgage Technology, Mortgage Servicing News, National Mortgage News and Origination News. The Group's mission is "to set the standard in cutting-edge print and electronic media, as well as trend-setting conferences and exclusive reference guides, providing the relevant facts and essential data that mortgage professionals need to succeed in their business."

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