Ellie Mae: Older Millennials Drive February Refinance Surge

Older Millennials—and yes, there is such a thing—took advantage of near record-low interest to spark a surge in refinancings, according to the Millennial Tracker report from Ellie Mae, Pleasanton, Calif.

Ellie Mae: Refis, Closing Rates Up

Mortgage interest rates are low—you know that; refinancings have been going through the roof—and if you’ve been following the Mortgage Bankers Association’s Weekly Applications Survey or the activity in your office, you know that, too. But Ellie Mae, Pleasanton, Calif., has another stat you might be interested in: closing times, which have also dramatically improved.

February Mortgage Credit Availability Dips

Mortgage credit availability decreased in February, according to the Mortgage Bankers Association’s Mortgage Credit Availability Index.

February Mortgage Credit Availability Dips

Mortgage credit availability decreased in February, according to the Mortgage Bankers Association’s Mortgage Credit Availability Index.

Industry Briefs

Snapdocs Inc., San Francisco, announced an integration that makes its digital closing platform available through the Ellie Mae Digital Lending Platform.

Industry Briefs

Snapdocs Inc., San Francisco, announced an integration that makes its digital closing platform available through the Ellie Mae Digital Lending Platform.

Industry Briefs

First American Financial Corp., Santa Ana, Calif., a provider of title insurance, settlement services and risk services for real estate transactions, and Docutech, a provider of document, eClose and fulfillment technology for the mortgage industry, signed an agreement for First American’s acquisition of Docutech.