LOS

5 pros and cons of Ellie Mae going private

02/13/19

The private equity acquisition of fintech vendor Ellie Mae will give it some breathing room in a declining originations market being owned a more patient and strategic investor rather than shareholders as a publicly traded company.

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Mortgage fintech Ellie Mae to go private in $3.7B deal with Thoma Bravo

02/12/19

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.

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Fiserv Lending rebrands following sale to Warburg Pincus

09/20/18

Fiserv Lending Solutions rebrand to Sagent Lending Technologies reflects the company's focus on a more efficient process for mortgage and consumer lenders.

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Chase Bank hit with downgrade over jumbo mortgage underwriting, fintech gaps

08/24/18

Moody's Investors Service downgraded JPMorgan Chase's prime jumbo mortgage originator assessment to its second-highest rating, citing the bank's growing reliance on correspondents with delegated underwriting authority and shortcomings in its technology infrastructure.

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Digital mortgages advancing, but borrowers still want more speed

11/09/17

Despite digital mortgage advances, borrowers think it still takes too long to get a loan, J.D. Power finds in its annual customer satisfaction ranking of originators.

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Libor going away creates a compliance trap for ARM lenders

08/10/17

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

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