SettlementOne launches appraisal service

Dec 07, 2006

Ellie Mae launches Encompass Custom Edition and Contour Migration WizardMortgagePress.comLoan origination systems Ellie Mae has launched Encompass Custom Edition, a highly configurable version of its Encompass loan origination system. It features a custom input form builder, business process management and process-to-process integration. In addition, Ellie Mae has introduced the Contour Migration Wizard, designed to optimize the transfer of data from the Contour loan origination system to Encompass. Dublin, Calif.-based Ellie Mae is a software and services provider for the mortgage industry. For more information, call (877) 355-4362 or visit www.elliemae.com.

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Dec 07, 2006

Courts

LoanSnap Officially Loses Connecticut License

The AI mortgage startup formerly faced a cease and desist and a consent order from the State of Connecticut.

LoanSnap, Inc., an AI-powered mortgage startup, has had its license to operate revoked in Connecticut, according to a new Consent Order executed by the State's Banking Commissioner, Jorge Perez, on Oct. 2. The news follows LoanSnap's violation of a previous order, enacted in...

Analysis and Data

Mortgage Applications Fall After Rate-Jump

Refinance applications still 159% higher on an annual basis, reflecting last year's record lows

In the wake of a positive jobs report and subsequent rise in mortgage rates, more prospective borrowers held back this past week. Mortgage applications fell by 5.1% the week ending October 4, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applicati...