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2008 – FIS spins off mortgage processing and services into Lender Processing Services, Inc. (LPS). [4] 2008 – LPS acquires McDash Analytics, one of the largest loan-level mortgage performance databases, which becomes the basis for a new Applied Analytics division. [5] 2014 – LPS is re-acquired by FNF and renamed Black Knight Financial ...
Ellie Mae Inc., originally named Electronic Mortgage Affiliates, [1] is a software company that processes 35% of U.S. mortgage applications. [2] The services are based on a software as a service model (SaaS), [3] and specializes in originating and funding new mortgage loans and facilitating regulatory compliance.
Ellie Mae Announces Encompass360 Winter Release Featuring New Investor Integration for Innovative Total Quality Loan Program PLEASANTON, Calif.--(BUSINESS WIRE)-- Ellie Mae® (NYS: ELLI) , a ...
Correspondent Lending purchases mortgage loans from other lenders, which include mortgage bankers, commercial banks, savings and loan associations, home builders, and credit unions. These loans may be sold by Countrywide to end-investors on the secondary market but are originated and funded by other lenders.
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Mortgage Electronic Registration Systems, Inc. (MERS) is an American privately held corporation. [1] MERS is a separate and distinct corporation that serves as a nominee on mortgages after the turn of the century and is owned by holding company MERSCORP Holdings, Inc., which owns and operates an electronic registry known as the MERS system, which is designed to track servicing rights and ...
These lenders may offer easier approvals and favorable loan terms, but you need to work with a broker (or another mortgage company) to get a loan from a wholesale lender; you can’t apply ...
Embrace Home Loans Inc., formerly Advanced Financial Services Inc. (AFS), is an American full service direct mortgage lender. It is headquartered in Newport, Rhode Island . [ 2 ] Embrace provides residential mortgage loans directly to its customers and is licensed in 46 states and Washington, D.C. [ 3 ] The company employs 500+ people spanning ...