Ellie Mae has announced the winners of the 2020 Ellie Mae Innovation Award, which acknowledges mortgage companies using Ellie Mae’s technology.
Ellie Mae recognized these companies for utilizing the Encompass Digital Lending Platform to originate more loans, lower origination costs, and reduce the time to close while ensuring compliance.
Arch MI bagged the Lenders’ Choice for Innovative Service Provider award. Other winners included Wyndham Capital Mortgage (AI Innovation), Paramount Residential Mortgage Group (Best Use of Data), Home Point Financial (Digital Mortgage Automation), Securityplus Federal Credit Union (Outstanding Consumer Engagement).
"Congratulations to our 2020 Ellie Mae Innovation Award winners," said Jonathan Corr, president and CEO of Ellie Mae. "We are honored to recognize these leading lenders for their use of technology to grow their businesses and the mortgage market at large. They truly are shaping the industry by leveraging automation, data and automated intelligence by simplifying core processes and making their workforces more efficient. We look forward to honoring them at Ellie Mae Experience."
The lenders will receive their awards during the Ellie Mae Experience, held March 23-25 in San Diego.