Broker origination vendor Ellie Mae, Dublin, Calif., has launched a migration tool to make it easier for Contour users to switch to its Encompass loan origination system.Ellie Mae, which made the announcement at the Western Regional Mortgage Brokers Conference in Las Vegas, acquired Contour several years ago and is offering the service to migrate those users to Encompass, its flagship product. The Contour Migration Wizard is available at no charge for those switching to Encompass. The tool will be officially released in December and allows users to transfer all their Contour data seamlessly into Encompass in a few clicks, according to Ellie Mae. The vendor can be found on the Web at http://www.elliemae.com.
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CrossCountry increased its agreed-to offer for the real estate investment trust by 50 cents per share, as UWM Holdings made an unsolicited bid on April 20.
7h ago -
The former Wall Street player blamed its decline on rising interest rates, trouble at its lending subsidiary, and debt stemming from the Great Financial Crisis.
8h ago -
The Federal Open Market Committee's April meeting — likely Federal Reserve Chair Jerome Powell's last — is unanimously expected to keep interest rates steady, but questions about energy, inflation and the upcoming transition in leadership still loom.
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Jonathan Corr, the former CEO of Ellie Mae, is one of six new members of MeridianLink's board, added following its acquisition by Centerbridge Partners.
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Newrez expects significant expense reductions from AI partnerships with HomeVision and Valon, as executives rule out mergers and a Rithm spinoff amid strong Q1 earnings.
April 28 -
More than half of the major metropolitan markets in the United States posted year-over-year price declines in February, according to a new report.
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