Items Tagged with 'Ellie Mae'

ARTICLES

Here are tips on knowing whether to build, buy or partner for mortgage technology

Ellie Mae reveals the criteria it uses
As mortgage technology infiltrates the industry, it poses a question for lenders: How do they want to move forward into the new world? Joseph Tyrrell, executive vice president of corporate strategy with Ellie Mae, sat with HousingWire at the MBA tech conference to give tips on how companies can decide whether they should build, buy or partner to get this technology.
Read More

Tech talk at MBA: Do we build technology or do we partner?

How to disrupt the mortgage finance industry
No one in the mortgage industry needs to be convinced about the power, prominence and appeal of technology anymore. Look no further than the Mortgage Bankers Association’s National Technology in Mortgage Banking Conference and Expo in Chicago for proof. Helping kick off the conference on Monday, executives from JPMorgan Chase, Ellie Mae, USAA and Quicken Loans discussed their perspectives on fintech.
Read More

Ellie Mae: Interest rates on closed loans rise to 16-month high

Rising interest rates drove down refinance originations
The average interest rate for 30-year, fixed-rate mortgages rose to a 16-month high in February, according to the new data from Ellie Mae. The increase in interest rates depressed the refinance market, as the report showed that the share of purchase mortgages closed rose to 57% in February. That’s the largest that figure has been since July 2016.
Read More

Think compliance is hard now? Wait till the new HMDA regs kick in

Notes from the compliance town hall at the Ellie Mae Experience conference
“I’m amazed that we can’t do HMDA right — it’s been around since the 70s,” said Jack Konyk, executive director of government affairs for Weiner, Brodsky, Kider. “If you can’t get HMDA right now when there are only, for example, three possible demographic answers, God help you next year when there are over 20.”
Read More

Ellie Mae: Homebuyers prioritize technology, but still want personal interaction

And it’s not just a Millennial thing
Ellie Mae’s new study shows that homebuyers of all ages are calling for an increase in technology for their home buying experience. While Millennials are the generation with the highest calls for online mortgages, they aren’t the only one. And even Millennials still want the personal touch of a loan officer.
Read More
From HW Magazine

2017 HW Tech100 Winner: Ellie Mae

Encompass Connect solutions improve collaboration and efficiency of mortgage loan process
The suite of applications includes Encompass TPO Connect, a third-party organizer which offers wholesale and correspondent lenders a modern and collaborative web experience for their TPO partners that promotes compliance, data integrity, and easy sharing of data and documents.
Read More

Veros partners with Ellie Mae to offer AMC valuation option

Lenders can now manage their panel of appraisers
Veros partnered with Ellie Mae in order to bring more control to lenders through the appraisal process. Now, lenders can go through the new solution in place of using AMCs. Veros explains this software will help improve efficiency in the loan origination process.
Read More

Ellie Mae: Adjustable rate mortgages see uptick in 2017

Average FICO score drops in January
As interest rates rise, homebuyers and homeowners are locking in their loans – both for purchase and refinance. As a result, FICO scores dropped on all loan types and interest increased in adjustable-rate mortgages, a trend that Ellie Mae says it will continue to watch.
Read More

Ellie Mae adds John Abel as senior vice president, chief information officer

Tasked with overseeing internal information technology and systems
Fresh off another strong quarter and year, Ellie Mae is adding a seasoned executive to its ranks to oversee the company’s internal information technology and systems. Ellie Mae announced recently that John Abel will be joining the company as senior vice president and chief information officer.
Read More