Items Tagged with 'Ellie Mae'


  • Ellie Mae: Borrowers want more human interaction in digital mortgage experience

    In 2018, loan origination communication increased by 20%
    Although digital mortgages are taking the housing industry by storm, Ellie Mae’s 2019 Borrower Insights Survey suggests borrowers still crave human interaction throughout the loan origination process. Ellie Mae EVP of Technology and Corporate Strategy Joe Tyrrell said as more Millennials enter the housing market, it will be imperative for lenders to prioritize the use of all available tech to foster strong borrower relationships during the loan lifecycle.
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  • Ellie Mae: Millennials’ interest in mortgage refinance spikes

    In January, refis by Millennial borrowers accounted for 13% of closed loans
    In January, slightly lower interest rates led to Millennial homebuyers increasing their requests to refinance their mortgages. Ellie Mae Executive Vice President of Strategy and Technology Joe Tyrrell said the uptick in refinances may indicate Millennials who previously purchased a home and are looking for an opportunity to take advantage of lower monthly interest payments.
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  • Roostify, TD Bank partner to streamline digital mortgages

    TD Bank executive calls Roostify's "human element" a game changer
    Although technology continues to transform the mortgage industry, evidence suggest consumers still long for the human touch. TD Bank recently announced a partnership with Roostify to not only streamline loan origination, but keep the human element in the digital origination process.
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  • Borrowers flock to ARMs as interest rates rise

    Mortgage closing rates hit highest point in 2018
    As interest rates continue to increase, borrowers are increasingly utilizing adjustable rate mortgages. Here’s what the latest Ellie Mae report reveals about that and other dynamics of the mortgage lending market.
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  • Plummeting Ellie Mae stock signals slow-down ahead?

    Company revises year’s revenue expectations
    While Ellie Mae posted positive third-quarter earnings results, it was significantly lower than Wall Street’s expectations, and could even signal a slow-down ahead. The company’s revenue increased 15% in the third quarter to $123 million – below the expected $128 million.
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  • MERSCORP Holdings to host a second eMortgage Boot Camp Nov. 15

    Find out how to execute an eNote strategy with operational, technical, and strategic game-planning
    With large investors including Wells Fargo, Texas Capital Bank, Ginnie Mae and the Federal Home Loan Banks signaling their intention to purchase and accept eNotes in the near future, some perceived barriers to eMortgage adoption are quickly falling away. That’s one reason MERSCORP Holdings, which owns and operates the MERS eRegistry, is holding an eMortgage Boot Camp this year on November 15.
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  • Taylor Morrison Home Funding integrates LodeStar tech

    The mortgage division of the homebuilder can now issue fast, accurate quotes in all 50 states
    Taylor Morrison Home Funding integrated with LodeStar Software Solutions to quickly and accurately quote closing costs on new-home construction properties. Under the new partnership, Taylor Morrison Home Funding employees can obtain quotes instantly through Ellie Mae’s Encompass digital mortgage solution.
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