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Home | Author Archives: Rachel Williams

Ellie Mae Celebrates Velocify Acquisition

Ellie Mae®, a cloud-based platform for the mortgage finance industry based in Pleasanton, California, announced that it has completed its acquisition of Velocify, a sales acceleration platform. The company’s acquisition was spurred in part to align with Ellie Mae’s goal to offer a fully digital mortgage.

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Ask the Economist: Eddie Seiler

DS News sits down with Dr. Edward Seiler, Chief Housing Economist at Summit Consulting, to discuss HUD budget cuts, promoting homeownership, and more in this Q&A. Editor's Note: This article was originally featured in the July issue of DS News, available now.

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Paradatec’s WriteUCD Is Approved by Freddie Mac

Paradatec, Inc., based in Cincinnati, Ohio, announced Thursday its WriteUCD module has been verified as a technology integration vendor for Freddie Mac’s Loan Advisor platform as it satisfies the requirements of the GSE’s Uniform Closing Data files. A provider of optical character recognition solutions, Paradatec’s WriteUCD takes data from mortgage closing disclosure documents “in mere seconds per page” and then transfers it to the new required format. In fact, Paradatec claims to provide “quick and accurate identification of over 500 unique documents in the typical mortgage file,” and it is adapting to new industry standards.

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Counsels Corner: Eric Houser

DS News sat down with Eric Houser to talk the Supreme Court, HBOR, and some of the biggest cases of year. Editor’s Note: this special feature first appeared in the July issue of DS News, available now.

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Ask the Economist: Frank Nothaft

DS News sat down this Frank Nothaft, Chief Economist at CoreLogic to talk economics, health of the housing market, and growth. Editor’s Note: This special feature first appeared in the July issue of DS News, available now.

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Industry Group Appoints REO Leadership

The Federation of REO Certified Experts—or FORCE, for short—has appointed new leaders to its Advisory Council. Among those named were Hugh Morrow of RE/MAX Preferred in Birmingham, Alabama; Tara Nagelhout of Emerald Valley Real Estate in Eugene, Oregon; Steve Pagano of Coldwell Banker in Huntington Station, New York; Terry Rasner-Yacenda of Reno Tahoe Realty Group in Reno, Nevada; and Dick Thackston of R.H. Thackston & Company in Winchester, New Hampshire. Nancy Braun of Showcase Realty was named Chairperson.

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