Tag Archives: Ellie Mae

Examining a sample of applications passing through its network, Ellie Mae reports refinance mortgages made up 47 percent of originations in January, up slightly from December. Refinance share bottomed out at 39 percent in October 2013 and has slowly risen since. The increase in refinances compared to purchase loans matches Freddie Mac’s latest outlook, which observed a “second wind” for remortgaging as interest rates resist lifting factors.

Kroll Factual Data, Inc., announced the integration of several of its products into Ellie Mae's Encompass mortgage management solution.

Minnesota's ninth largest credit union is now using Ellie Mae's Encompass software as its mortgage management solution, the California-based mortgage software firm announced.

After loosening steadily for several months, credit standards for mortgage loans ended 2013 at their lowest level all year, according to the December Origination Insight Report from Ellie Mae.

A slight decline in mortgage rates spurred refinance activity up in November, Ellie Mae revealed in its latest monthly Origination Insights Report.

According to Ellie Mae's data, which draws from a sampling of the loan applications flowing through the company's network, purchase loan share was 61 percent in October.

Purchase share continued to inch up in September as refinances receded, according to data presented by Ellie Mae in the company's Origination Insight Report.

CoreLogic announced that lenders using the CoreLogic Credco 4506-T Direct product on Ellie Mae's Encompass360 platform will now be able to take advantage e-signature technology to streamline the origination process.

Second-quarter origination volume (in dollars) increased 9.6 percent over the same time last year as purchase loans started to make meaningful contributions to the housing recovery, Experian reported in its quarterly analysis of real estate trends. According to Experian's report, origination volume climbed to $478 billion, $42 billion more than Q2 last year. What was more notable to Experian, however, was how origination activity was split: As refinance volume tumbled, purchase volume stepped in to make up some of the difference.

Purchase loans took up more space among originations in August as credit requirements eased, according to data presented in Ellie Mae's monthly Origination Insight Report.