Ellie Mae Insights - June 2020 Critical Patch
View or print the PDF versionThis June 2020 Critical Patch includes the following update to Ellie Mae Insights.
Feature Enhancements
Interest Rate and Annual Percentage Rate Inquiry Paths Use Loan Applications Data Instead of Closed Loans
An update has been made around the metrics provided on Interest Rates and Annual Percentage Rates (APR) inquiry path. In previous versions of Insights, the metric was provided for Closed Loans when analyzing these rates. Starting in this new release, the respective metric will now be for Loan Applications when analyzing these rates. This means that when analyzing the Interest Rate or APR across different regions, Insights will use GFE Loan Application data rather than closed loan data.