The mortgage banking and healthcare industries have much in common. First, the landscape is mostly paper. Second, both industries are having difficulty fully adopting and implementing electronic records. In both industries, implementing the secure exchange of documents and data between multiple parties has been one hurdle to attaining 100% electronic records. Meanwhile, the airline industry, in warp speed, has flown to electronic tickets (e-tickets). The e-ticket is simply an electronic record of the traveler's airline reservation, just as the paper ticket was. An e-ticket might not seem to have much bearing in the health-care or mortgage banking industries. But considering the adoption rate of electronic records in these industries, one main thing is obviously missing. In order to issue, maintain and manage a unique number, a central trusted authority -- a registry -- is needed. The registry would be a networked technology infrastructure that issues all identifiers for loans, whether on paper or electronic, and securely maintains a database of the identifiers.
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