Items Tagged with 'Ellie Mae'


The new normal: Time to close settles at 46 days

Ellie Mae report suggests TRID issues are calming down
After rising, falling, and rising again in the wake of the implementation of the Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosure rule, the time to close a mortgage loan appears to finally be settling into a new normal – about a month and a half.
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Ellie Mae's CSO joins NTSC Board of Directors

Selim Aissi joins as a founding board member
Ellie Mae’s chief security officer just joined the National Technology Security Coalition’s Board of Directors. Here’s what Aissi brings to the board, who’s goal is to forge a coalition of information security stakeholders to reverse the disruption to information systems.
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Time to worry? Time to close a loan ticking back up

Or is this the new normal?
In the months immediately after the implementation of the Consumer Financial Protection Bureau's TILA-RESPA Integrated Disclosures rule, the time to close a mortgage loan rose as the industry worked through the new and complex process surrounding the dissemination of loan information to borrowers. Since then, closing times fell, but now they're on the way back up, which begs the question: Is this the start of a trend? Or is this just the new normal?
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Ellie Mae launches new version of Encompass

Encompass 16.2 features Freddie Mac's Loan Product Advisor
Ellie Mae's new version of Encompass includes DataVerify’s DRIVE services, including fraud detection and 4506-T for income verification, and FraudGuard, First American Mortgage Solutions’ decision-support tool designed to quickly and accurately identify risk in mortgage transactions.
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