Archive for ellie mae

Encompass Users Gain Access to Land Gorilla

Posted by Michael Bates on September 05, 2017

Land Gorilla’s construction loan management cloud-based software is now available through Ellie Mae‘s Encompass mortgage management solution, allowing Encompass customers to manage their renovation, construction-only and construction-to-perm loans. Ellie Mae’s lender clients can access Land Gorilla’s Construction Loan Manager draw [Read More]

Ellie Mae Acquires Velocify

Posted by Michael Bates on September 01, 2017

Ellie Mae has signed an agreement to acquire Velocify, a company that provides sales lead management technology and tools, in order to help facilitate its vision for a “fully digital mortgage.” With the acquisition, Ellie Mae will combine Velocify’s lead [Read More]

Refi Volume Inched Up a Bit in July

Posted by Michael Bates on August 18, 2017

According to Ellie Mae’s July Origination Insight Report, the percentage of refinance home loans increased three points to 35% of all closed loans, following two months of refis’ share decreasing. “The market has been shifting from refis to purchases, but [Read More]

Purchase, Refi Origination Volumes Held Steady in June

Posted by Michael Bates on July 19, 2017

According to the June “Origination Insight Report” from Ellie Mae, the percentage of purchase home loans relative to refinances remained steady at 68% of all closed loans, while refinances remained at 32% for the second straight month. Specifically, the percentage [Read More]

Millennials Are Hot for Minnesota?

Posted by Michael Bates on July 12, 2017

Millennials continue to compete for available housing inventory, but recent data from Ellie Mae shows that millennials are attracted to more affordable real estate markets, particularly in the upper Midwest. According to the May Ellie Mae Millennial Tracker, Hutchinson, Minn.; [Read More]

Share Of Purchase Mortgages Continues To Outpace Refis

Posted by Michael Bates on June 21, 2017

The percentage of purchase home loans relative to refinancings continued to increase, according to Ellie Mae’s most recent Origination Insight Report. In May, home purchases represented 68% of all closed loans, representing a 3% increase from the month prior. Specifically, [Read More]

Platinum Data’s RealView Merges With Ellie Mae’s Encompass

Posted by Patrick Barnard on July 25, 2016

Platinum Data Solutions, a provider of valuation data and analytics technologies, says it has integrated its RealView technology with Ellie Mae’s Encompass all-in-one mortgage management solution. According to Platinum, the integration will allow lenders to order RealView appraisal-quality reports by [Read More]