It’s always interesting to watch how market conditions intersect with technological developments to drive the evolution of an industry, shaping the creation of new products and services. We only have to look at the mortgage industry, more specifically, mortgage point-of-sale (POS) solutions, to see this occurring. Like much of the mortgage sector, POS platforms are undergoing a dramatic transformation.

"While we appreciate the intent of Section 899, we are concerned that without appropriate tailoring, the higher tax rates of the provision, and – even with the delay – the threat of them, will choke important investment and lending in American communities." -MBA Senior Vice President of Legislative and Political Affairs Bill Killmer