Ellie Mae’s Joe Tyrrell on the technology trends that will outlast COVID-19

Power House

The Housing News Podcast is a weekly wrap of the top news stories by HousingWire CEO Clayton Collins. Each week, HousingWire interviews financial services experts who can help make sense of the latest headlines.

In this custom episode presented by Ellie Mae, HW+ Managing Editor Brena Nath talks with Ellie Mae Chief Operating Officer Joe Tyrrell to discuss the surge in interest around technology for internal and external purposes due to the COVID-19 pandemic, along with the technology trends that are starting to emerge.

Ellie Mae is uniquely positioned to see the juxtaposition between consumer demand in the market and the current state of the secondary market, as they help lenders pull loans all the way through their pipeline and get them into the secondary market.

When asked what lessons lenders will learn from this time, Tyrrell said, “I think we’ll never be the same. Even when we all return back to our workplaces, employees are going to have new concerns that they didn't have before, and employers, and lenders specifically, are going to have to really think hard about how they prepare themselves for whatever the next situation might be that disrupts their business.”

Tyrrell also shares why Ellie Mae decided to make Ellie Mae Insights, its analytics solution that provides peer benchmarking comparison analysis, generally available, adding that lenders now have access to new data to help them make decisions.

And with Ellie Mae’s Virtual Experience 2020 Conference starting next week, Ellie Mae is set to have a much bigger audience than they've ever had, as they prepare to strategize and plan for the future together. For the latest updates on Ellie Mae’s Virtual Experience 2020 Conference, go here.

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