Mortgage industry software developer Ellie Mae's Encompass loan origination system has been experiencing a series of outages and service disruptions, likely caused by “an external malicious attack characteristic of...
Posts Tagged With 'loan-origination'
Ellie Mae outages delay home loan closings – Securitization Audit
Mortgage industry software developer Ellie Mae's Encompass loan origination system has been experiencing a series of outages and service disruptions, likely caused by “an external malicious attack characteristic of...
Securitised loans are riskier than retained ones – Securitization Audit
João Santos reports some interesting research on the NY FED's blog: We show that during the boom years of securitization, corporate loans that banks securitized at loan origination underperformed similar, unsecuritized loans originated by the same banks. Additionally, we report evidence suggesting t . Read this article: Securitised loans are riskier than retained ones...