After a while, the superlatives simply become exhausted. People have witnessed things in the last few months that no one currently in the business has ever seen, with far-reaching effects that outdo the savings-and-loan crisis, the dot-com bust and pretty much every financial crisis that has occurred over the last three generations. Monday-morning quarterbacking gives people scenarios of unbridled greed and rampant fraud, with bits and pieces being true. But to a large extent, none of it would have happened had current technology been employed as recently as 2004 and 2005. Transparency in mortgage lending, if put to good use in 2006 and 2007, might well have resulted in the current crisis being little more than a spike or a blip. The eMortgage is becoming better understood, but it deserves a bit of a primer to catch the mainstream up to the state of the art. Not only will the eMortgage continue to breathe new life into the mortgage industry, it will mean more trees are available to make breathing literally easier for everyone.