Items Tagged with 'Ellie Mae'


  • Refinances regain popularity among Millennial buyers

    Refinances account for 15% of mortgages for third straight month
    Refinances became more popular among Millennials during the fourth quarter of 2017, according to the latest Ellie Mae Millennial Tracker report. The refinance share made up 15% of closed loans among Millennials in December, the highest percentage of refinances for this demographic since February.
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  • Ellie Mae: Refis dominate end-of-year mortgage market

    Buyers rush to refinance before tax reform takes effect
    Refinance mortgages dominated the mortgage market in December due in part to purchases being down in the winter months, and also borrowers rushing to close their loans before the newly instated tax reform took effect. Ellie Mae’s Origination Insight Report showed refinances rose to 40% of all closed loans in December.
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  • From HW Magazine

    Ellie Mae accelerates availability of a true digital mortgage solution

    Automation reduces cost to originate while providing higher customer satisfaction
    In a recent Ellie Mae survey of 3,000 Millennials, Gen Xers and Baby Boomers the prevailing sentiment was that across generations and genders, borrowers want a mortgage experience that combines speed, convenience, and security with personal interaction. Today’s borrowers expect transparency, service and speed, and a human touch. To meet these requirements, lenders must offer an engaging, intuitive user experience that continues even after the application has been submitted. 
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  • From HW Magazine

    2017 HW Vanguard: Joe Tyrrell

    Executive Vice President, Corporate Strategy at Ellie Mae
    Executive Vice President of Corporate Strategy Joe Tyrrell has worked tirelessly to define a digital mortgage, something that the industry has yet to do. With Ellie Mae’s leadership team, Tyrrell is creating a path to a digital mortgage that enables lenders to close more loans, close loans faster, provide more targeted customer service and do so with complete quality, efficiency and compliance.
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  • Millennial refis rise to highest level since February

    Share of FHA refinances increasing
    Refinances for Millennial buyers increased in September to the highest level since February as mortgage rates dropped. However, one expert explains why one segment of Millennial borrowers will continue to increase their refinance share even after rates begin rising once again.
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