The Fed lowered interest rates recently for a third consecutive time and the second time in two months. The move signaled easing financial conditions that are likely to trigger a surge in the demand for mortgages across the country — particularly in regions where there have already been signs of a housing rebound. But the higher volume will also undoubtedly present a challenge to financial institutions, if they are bound by legacy technology. Too much of the mortgage technology still used by many banks and ...