2004 mortgage it all-stars: these II technology leaders have helped the mortgage industry adopt and integrate technology. They stand out from the pack as this year's class of mortgage IT all-stars.

Mortgage BankingVol. 64 Nbr. 6, March 2004

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Cover Report: Technology

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2004 mortgage it all-stars: these II technology leaders have helped the mortgage industry adopt and integrate technology. They stand out from the pack as this year's class of mortgage IT all-stars.

ALL OF THIS YEAR'S MORTGAGE INFORMATION TECHNOLOGY (IT) ALL-STARS HAVE ONE THING IN COMMON: They stay in the mortgage industry because of the challenge of trying to make the mortgage process better and the excitement that comes from technological change. * But that's where most of the similarities end. Although a few are lawyers, most have very different backgrounds that typically don't include highly technical training or decades in the mortgage business. * This year's group, however, has brought about change in the mortgage industry in ways that mean the business will never be the same.

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It was the Internet that brought Sig Anderman, 62, out of retirement--that is, this last time he decided to come out of retirement.

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Anderman, chief executive officer and founder of Ellie Mae Inc., Dublin, California, says, "I feel like the George Foreman of the mortgage industry." He says he keeps coming back because "the mortgage business is always good, even in the bad years, because it's a huge industry."

Anderman, once a practicing lawyer, started his mortgage industry-related career in 1973 when he was a stockholder in American Home Shield. The company offered one-year home warranties (against unex...

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