Tag : Ellie Mae

PennyMac Live on Ellie Mae's Next Generation Digital Lending Platform for Correspondent Business Less Than One Year After Announcing Expanded Partnership
Business Fintech News

PennyMac Live on Ellie Mae’s Next Generation Digital Lending Platform for Correspondent Business Less Than One Year After Announcing Expanded Partnership

Fintech News Desk
Ellie Mae, the leading cloud-based platform provider for the mortgage finance industry and now ICE Mortgage Technology, a division of Intercontinental Exchange, announced that PennyMac Corp., a subsidiary of PennyMac Mortgage Investment Trust and currently the largest correspondent aggregator in the United States, is live with Ellie Mae’s next generation Digital Lending Platform for its......
Ocrolus Introduces Cross Source Validation to Automate Corroboration of Borrower Information Accuracy
Fintech News

Ocrolus Introduces Cross Source Validation to Automate Corroboration of Borrower Information Accuracy

Fintech News Desk
Ocrolus, the leading human-in-the-loop infrastructure company that transforms documents into actionable data, introduced Cross Source Validation (XSV), a core functionality upgrade to its’ fintech infrastructure. XSV automatically compares data extracted from multiple documents or data sources to verify that borrower provided information is logical and correct. Read More: Introducing Varo......
REPAY Announces Integration With Mortgage Industry Leader Ellie Mae
Fintech News

REPAY Announces Integration With Mortgage Industry Leader Ellie Mae

Fintech News Desk
Partnership enables mortgage originators with the ability to accept digital payments, enhance customer experience and drive efficiency for interim serviced loans Repay Holdings Corporation (NASDAQ:RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced its partnership with Ellie Mae, the leading cloud-based loan origination platform provider for the mortgage industry......
Ellie Mae Announces Launch Of Ellie Mae AIQ Credit Analyzer
Artificial Intelligence Fintech News

Ellie Mae Announces Launch Of Ellie Mae AIQ Credit Analyzer

Fintech News Desk
Credit Analyzer Tool Reduces Credit Review Process To Five Minutes, Improves Capacity Through AI and Machine Learning Ellie Mae®, the leading cloud-based platform provider for the mortgage finance industry, today announced the launch of Ellie Mae AIQ® Credit Analyzer, which uses patented artificial intelligence and machine learning technologies to automate the credit evaluation......
Fintech News

June Ellie Mae Origination Insight Report Data Shows Purchase Market Rebounding As Interest Rates Continue To Decline

Fintech News Desk
Interest rates on all closed loans continued to decline in June to 3.40 percent, down from 3.43 percent in May, according to the latest Origination Insight Report from Ellie Mae®, the leading cloud-based loan origination platform provider for the mortgage industry. The 30-year rate on conventional loans fell again, dropping to 3.42 percent,......
Ellie Mae Announces Launch Of Ellie Mae AIQ Credit Analyzer
Fintech News

Purchase Activity Rises as Interest Rates Reach All Time Lows, According to the Latest Ellie Mae Millennial Tracker

Fintech News Desk
Interest rates declined from April to May, resulting in millennials securing the lowest average interest rate on 30-year loans since Ellie Mae began tracking the data in January 2016. Low rates corresponding with the peak homebuying season led to a month-over-month increase in purchase share – the percentage of all loans......
PennyMac Live on Ellie Mae's Next Generation Digital Lending Platform for Correspondent Business Less Than One Year After Announcing Expanded Partnership
Business Fintech News

Ellie Mae’s Encompass Consumer Connect Eclipses 400,000 Loans In A Single Month As Lenders Engage Homebuyers Virtually

Fintech News Desk
Ellie Mae, the leading cloud-based loan origination platform provider for the mortgage industry, announced that Encompass Consumer Connect has seen significant adoption as lenders turn to more virtual technology solutions to increase consumer engagement. Homebuyers submitted over 400,000 loans via Consumer Connect in a single month in 2020, more than 300......
Ellie Mae Announces New Data Delivery Method, Encompass Data Connect Now Includes a Hosted Delivery Choice
Big Data Business Fintech News

Ellie Mae Announces New Data Delivery Method, Encompass Data Connect Now Includes a Hosted Delivery Choice

Fintech News Desk
Ellie Mae, the leading cloud-based loan origination platform provider for the mortgage industry, announced the general availability of Encompass Data Connect in a hosted delivery as another option for lenders to gain access to their data. Read More: M Financial Group Licenses FAST Software to Enable New Digital Ecosystem for Member......
Millennials' Refinance Activity Soars as Interest Rates Hit Historic Lows, According to the Latest Ellie Mae Millennial Tracker
Fintech News

Millennials’ Refinance Activity Soars as Interest Rates Hit Historic Lows, According to the Latest Ellie Mae Millennial Tracker

Fintech News Desk
According to the latest Ellie Mae Millennial Tracker, refinance activity hit an all-time high in April 2020, besting the previous mark set in March of this year. The historic refinance surge took place as the average interest rate for millennials reached the lowest point since Ellie Mae began tracking the data in January......
Ellie Mae Virtual Experience 2020 Sees Successful Conclusion
Fintech Investment Services News

Ellie Mae Virtual Experience 2020 Sees Successful Conclusion

Fintech News Desk
Overwhelming Participation Highlighted Digital Mortgage Innovation and Robust Platform Partnerships, Drove $50,000 Charitable Donation Ellie Mae, the leading cloud-based loan origination platform provider for the mortgage industry, announced the successful conclusion of Virtual Experience 2020, the premier online event that ran from April 20, 2020 through May 31, 2020. Read More: smartTrade’s Solution......
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