Ellie Mae

Borrower hunger for fully digital mortgages and data automation grows, with the end goal of accelerating the lending process as much as possible. But a fragmented industry stands in the way of that goal.

The home purchase loan share is up and closing times are down ahead of an expected healthy spring buying season, and declining mortgage rates could be a reason, according to Ellie Mae.

Borrowers were more than twice as likely to use a lender they found online in 2018 as they were in 2017, making search engines the mortgage industry's top source of referrals.

Millennial homebuyers took advantage of a winter lull in interest rates, using the opportunity to refinance their loans, according to Ellie Mae.

AI Foundry is aiming to further cut the time it takes to originate a mortgage by adding artificial intelligence tools designed to improve on optical character recognition.

From FICOs to purchase volume, here's a look at seven mortgage lending trends that will shape the housing market this year.

The private equity acquisition of the fintech vendor Ellie Mae will give it some breathing room in a declining originations market because it will have a more patient and strategic investor than its myriad shareholders as a public company.

The mortgage loan origination system developer Ellie Mae is going private, agreeing to be acquired by the private equity firm Thoma Bravo in an all-cash transaction valued at $3.7 billion.

Ellie Mae's latest update to the Encompass loan origination system includes templates to help mortgage lenders with Americans with Disabilities Act compliance.

Millennials are unfazed by the short supply of starter homes in a competitive market based on the rising share of December's purchase mortgages, according to Ellie Mae.