Apple’s Steve Jobs, who died Wednesday, impacted hundreds of millions of lives in almost every industry, including Canada’s mortgage industry.
One small example was how Apple computers automated mortgage processing. Prior to the mid-80’s, brokers generally took mortgage applications by hand. Brokers would then often manually retype an application before faxing it to a lender.
“In 1985, the first application system (linked directly to lenders), was developed solely on an Apple platform,” say Bruce Davison, one of the original Mortgage Centre owners.
This software eventually evolved into Filogix Expert, the leading mortgage origination platform in our industry.
“Our little boxed (Macintosh SE) computer with a screen not bigger than the current iPad was a shock to me, as to how easy it was to use. All I had to do was point the mouse at items, drop menus, drag and drop (client) files and type where indicated.”
“Better still was the fact that a client could come into my office and I could turn the (yes tiny) screen and show them various payment options, calculations and amortizations.”
Steve Job’s impact on the Canadian mortgage market may have been indirect, “but for us non-techies,” says Davison, “I am sure glad to have been a part of his Apple world.”
There is always something to learn from your blog. Thanks Rob.
Humans live and die. Inventions will still continue to happen. Apple was a good company, but I praise them as a team of many people, not just one CEO.
I agree the success of a company is heavily influenced by the people that work for the company, but in Apple’s case there is no other example were a company’s success was so heavily influenced by it’s leader Jobs. Jobs set the vision, he hired the management, set the culture for the company, and was very involved in all aspects of the company, development and marketing just to mention a few. This is further evidenced by his ousting during the 80s by Apple’s board and his hurculian efforts to save Apple from the jaws of bankruptcy creating one of the most innovative and the largest tech company in the world. Hopefully his legacy will not only be to products and the way they have changed our lives, but the culture he put in place to carry Apple’s vision, products, and future forward. Jobs truly made a big dent in the world. Don
http://www.youtube.com/watch?v=D1R-jKKp3NA
Make no mistake, Jobs’ creative genius was the driving force in making Apple the biggest company in the world.
Well, he didn’t do it alone as he said himself.
I definitely agree with Don, Steve was one of a kind, a “real” visionary.
Steve Jobs will be alive forever alive in our hearts and hands :-)
Over 30 years in the industry, I was around long before computers, but I never really thought about it before.
Thank you Rob, for reminding us!
Wayne Campbell, Invis – Prince George