Items Tagged with 'Ellie Mae'


  • Ellie Mae: Millennials are taking advantage of cooling housing market

    Millennial purchase requests increase to 87% in February
    As the housing market shifts further in favor of homebuyers, Ellie Mae’s latest Millennial Tracker Survey reveals purchase requests from Millennials increased to 87% in February. Executive Vice President of Strategy and Technology Joe Tyrrell said the percentage of purchase loans is on the rise as Millennials continue to enter the homebuying market.
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  • From HW Magazine

    2019 HW Tech100 winner: Ellie Mae

    Delivers a true digital experience
    Ellie Mae’s Encompass Digital Lending Platform enables lenders to deliver a true digital experience across the entire workflow for every channel supported so lenders can maximize the profit of every loan transaction and at the same time deliver a more efficient, more seamless experience for homebuyers.
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  • 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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