LOS

Many lenders are focusing too much time on user experience and overlooking the frustratingly inefficient mortgage process happening behind their pretty loan applications.

Ellie Mae, looking to expand the analytical capabilities of its customer-relationship management technology, is purchasing Velocify for $128 million in cash.

The share of refinance loans in the market bounced back slightly in July, according to Ellie Mae's latest monthly report.

Picking a new benchmark for adjustable-rate mortgages is the easy part. Industrywide implementation is where things get tricky.

Fiserv has acquired the assets of PCLender, a mortgage loan origination system vendor based in Reno, Nev.

Ellie Mae had second-quarter net income of $18.8 million, a 77% increase over the $10.6 million in the same period last year largely due to a tax accounting change.

Borrowers can now self-serve when submitting application information at U.S. Bank, but the bank also has proprietary technology aimed at keeping loan officers looped in to help with product selection.

Binh Dang, the co-founder and former president of LendingQB, is seeking a court to force MeridianLink, the loan origination system's parent company, to dissolve.

Homeowners insurance agencies are embedding their policy-underwriting technology into mortgage companies' origination and servicing systems in a bid to chase the same customers together.

Black Knight Financial Services has added an application program interface to its loan origination system that will allow consumers and loan officers to access it more easily through mobile devices.

The average time to close as measured by Ellie Mae's monthly survey was shorter than it's been since 2015, when the implementation of new disclosures lengthened the timelines.

Accenture acquired BeesPath's ClosingBridge product to become part of its Mortgage Cadence loan origination software and help lenders with TILA-RESPA integrated disclosure compliance.

From blockchain to digital labor, here's a recap of the best moments and insights from the Mortgage Bankers Association's 2017 technology conference.

Black Knight Financial Services is bringing its Empower loan origination system to midsized mortgage lenders by offering a preconfigured version of its highly customizable platform.

Ellie Mae has introduced a new online retail loan origination platform and a new portal for the tools and documentation supporting its Application Programming Interfaces.

Michigan Mutual's retail channel MiMutual Mortgage has implemented LendingQB's loan origination system.

JPMorgan Chase has partnered with fintech firm Roostify to build a digital self-service mortgage platform that will allow consumers to upload and electronically sign mortgage documents.

Zeus Mortgage in Houston is positioning its new online crowdfunding platform as an alternative to traditional mortgages for property buyers and others having trouble borrowing to remodel homes or fund construction projects.

Mortgage software provider Ellie Mae reported a 126% increase in net income during the fourth quarter, driven by an increase in users and loan volume.

Ellie Mae has launched a new version of its Encompass mortgage management product, which features expanded support for construction loans and streamlined integrations with Fannie Mae and Freddie Mac.