Monday Morning Cup of Coffee: Time to cut the MLS cord?

Monday Morning Cup of Coffee: Time to cut the MLS cord?

Plus housing metrics, the incredible shrinking GDP, and kicks are for TRIDs

Jeb Bush: Current housing and debt situation unsustainable

Is the clock ticking on the 30-year mortgage?

Senate banking committee passes massive regulatory relief bill

Big implications in legislation for housing and mortgage finance
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Items Tagged with 'Ellie Mae'

ARTICLES

Ellie Mae report shows continued transition into purchase-driven market

Purchases outpacing refinances again
Ben Lane
As interest rates slowly tick up, purchase originations are now again outpacing refinance originations, according to a new report from Ellie Mae. Here's a look at Ellie Mae's data.
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Ellie Mae explodes; stock closes at record high

It’s a good time to be an Ellie Mae shareholder
Ben Lane
After turning in another stellar quarter that saw the company’s first-quarter revenue rise 68% over 2014, Ellie Mae rode a wave of positivity to new heights on Friday, closing at a record high. So why is everyone crazy about Ellie Mae?
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From HW Magazine

Secondary Market All-Stars 2015

The private label market stages a comeback
The secondary mortgage market is staging a determined, if quiet, recovery. Our list of Secondary Market All-Stars spotlights companies at the heart of the industry who are delivering solutions and services in both the GSE and private-label market, and forging a path for others to follow.
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Ellie Mae continues upward trend; reports strong first quarter

Revenue rises 68% over first quarter of 2014
Ben Lane
If the first quarter is a sign of things to come, Ellie Mae could indeed be headed for another record year. After reporting record revenue in fourth quarter of 2014, with its net income rising 153% from the same period in 2013, the company reported revenue of $54.2 million in first quarter of 2015, up 68% from $32.2 million in same time period last year.
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Is Ellie Mae headed for another record year?

Stock up 46% in 2015; predicted to continue rising
Ben Lane
It’s all coming up roses for mortgage software solution provider Ellie Mae right now, and the good times don’t appear to be ending any time soon, according to a new report from RBC Capital Markets.
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Ellie Mae names new executive vice presidents

Promotes Cathleen Schreiner Gates and Joseph Tyrell
Ben Lane
Ellie Mae is promoting two of its own into executive vice president roles. The company announced this week that it is promoting Cathleen Schreiner Gates to executive vice president of sales and marketing and Joseph Tyrrell to executive vice president of corporate strategy.
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From HW Magazine

Ellie Mae: Integrating compliance

Delivering automated efficiencies helps lenders anticipate regulatory changes
Ellie Mae understands the value of anticipating regulatory changes, instead of only reacting to them. Several company representatives sit on industry and regulatory panels and are part of the process when many new rules and regulations are formed. Ellie Mae is closely involved with the Mortgage Bankers Association, the Consumer Financial Protection Bureau and the Mortgage Industry Standards Maintenance Organization.
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From HW Magazine

Single stack

Mortgage lending — finally — gets smarter with digital, automated and cloud-based technology
Kerry Curry
In the tech world a “stack” refers to all the elements of something. For the mortgage industry, the idea of the single stack is that one platform (digital, automated and based in the cloud) can either meet all of the functional requirements involved in assembling a mortgage, or can serve as an efficient moderator for the process via open APIs (application programming interface), which are now taking off within the mortgage industry.
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Ellie Mae releases AllRegs Market Clarity 3.0

Includes new search functions and improved navigation
Brena Swanson
Ellie Mae released AllRegs Market Clarity 3.0, a new version of its business information tool, which includes a new user interface that lets users compare and contrast more than 3,000 loan products from 95 different investors.
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Ellie Mae reports record revenue for fourth quarter

Net income up 153% from 4Q13 to 4Q14
Trey Garrison
Ellie Mae beat analyst expectations on earnings and listed fourth quarter revenues of $46.6 million, up 53% from 4Q2013. Here's how it broke out.
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