Ellie Mae Announces 2019 Borrower Insights Survey
ELLIE MAE (ELLI)
Last ellie mae earnings: 2/14 08:00 am
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Source: Business Wire
Survey Shows Consumers Looking to Engage Online but Also Demand More Communication with Their Lenders PLEASANTON, Calif.--(BUSINESS WIRE)-- As the industry continues to embrace digital mortgages, the 2019 Borrower Insights Survey from Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, found that borrowers are looking to engage with their lenders online, but are demanding more communication throughout the loan origination process. According to the survey, 50 percent of borrowers said they chose their lender based on whether they offered an online application or portal, and 47 percent of respondents said access to an online portal for uploading documents was a factor in their decision. Likewise, the majority of borrowers who were not offered online or electronic options from their lenders would have preferred those options. Fifty-four percent w
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