What factors led you to rewrite the company’s user databases in .NET?
Why did MortgageFlex reinvent itself over the past couple of years?
There have been significant changes in the lending space over the last four years. We had to change as well to support the new marketplace. The market shares of the top 200 lenders has shifted dramatically along with their business models. Retail has made a major comeback, and new lenders are entering the wholesale and correspondent space. Our concentration has always been on mid-tier lenders and now that segment of the market is expanding both in size and requirements. We had to make substantial changes to our products and how we implement them to meet the challenges of the changing market.