Construction loan closing times drop after tech update: Ellie Mae

Ellie Mae is the leading cloud-based platform provider for the mortgage finance industry. Ellie Mae’s technology solutions enable lenders to originate more loans, lower origination costs, and.

On day’s like today where Jobless Claims are stronger than expected and stocks are rallying, that’s been a fine thing for the mortgage. turning positive after the auction wasn’t necessarily a.

BSI to purchase mortgage servicing rights following capital raise a capital markets view of mortgage servicing rights simon p. b.aldrich director cdc mortgage capital 9 w. 57th st.ny, ny 10019 simon@cdcna.com (212) 891-6163 william r. greenberg director cdc mortgage capital 9 w. 57th st.ny, ny 10019 greenber@cdcna.com (212) 891-6220

Ellie Mae’s technology solutions enable lenders to originate more loans, lower origination costs, and reduce the time to close, all while ensuring the highest levels of compliance, quality, and.

New documents give hope to Fannie shareholders seeking redress Shareholder attorney says new documents prove government theft Ex-Treasury, White House officials dispute characterization Shareholders of Fannie Mae and Freddie Mac say a trove of documents they have obtained bolsters their case that the government lied when it decided to take all of the mortgage companies’ profits.

Ellie Mae economists are calling the drop "significant." For just purchase loans, the time to close dropped from 47 days to 45 days last month, according to the report. The drop in average closing times is mostly due to a decrease in the overall refinancing market. "With interest rates on the rise, we’re seeing the purchase market begin.

Construction to Permanent Loans (Construction to perm loans) – A construction to permanent (CP) loan is essentially two loans in one: it allows you to combine financing for the construction of your new property- or for major renovations on an existing one- with your permanent mortgage. ellie Mae Announces New Major Releases of Encompass Digital Mortgage Solution – Updates to cash to close.