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Ellie Mae Inc.

Ellie Mae Opens Nominations for Its Hall of Fame Awards


Ellie Mae has announced that nominations are now being accepted for the Ellie Mae Hall of Fame Awards, given each year to mortgage companies that have distinguished themselves in their use of Ellie Mae technology. Click to continue

AccountChek Now Available Through Encompass


FormFree Holdings Corporation has announced that its AccountChek, is now available through Ellie Mae’s Encompass mortgage management solution. The integration between the two solutions enables Encompass users to order, analyze and certify a borrower’s electronic bank statement data.Click to continue

Ellie Mae Set to Acquire AllRegs

Handshake Pic Credit: Stockbyte

Ellie Mae, a Pleasanton, Calif.-based provider of on-demand software solutions and services for the residential mortgage industry, has signed a definitive agreement to acquire AllRegs, an Eagan, Minn.-based information provider for the mortgage industry, for $30 million. The acquisition of AllRegs is Ellie Mae’s sixth corporate purchase in six years.Click to continue

PHH Mortgage to Adopt Ellie Mae's Loan Quality Program


Ellie Mae announced that PHH Mortgage Corporation is participating in Ellie Mae’s Total Quality Loan (TQL) program for loans originated through its correspondent lending channel. TQL is designed to further enhance the loan quality, compliance and salability of loans that are originated through Ellie Mae’s Encompass mortgage management solution. TQL offers a suite of services and secure, tamper-proof technology that enables users to share the findings and data from those services with investors and other stakeholders in the mortgage supply chain.Click to continue

Ellie Mae Hall of Fame Inductees Honored in Vegas


Ellie Mae Inc. has announced their 2012 Ellie Mae Hall of Fame inductees. Companies were chosen based on their years of service, dedication and commitment to adopting and implementing Ellie Mae’s mortgage solutions. Each of these inductees have shown a genuine commitment to innovation through automating the process of originating loans, striving for a paperless mortgage process and enhancing the overall consumer experience through the use technology and improved business processes. This year’s 10 inductees, in alphabetical order, are:Click to continue

Ellie Mae: Spike in Refis Increases Closing Time

Refis/Copyright: Getty Images/Credit: Jupiterimages

Ellie Mae Inc. has released its Origination Insight Report for August 2012 which found that the time needed to close a mortgage has risen by nearly 25 percent over last year, an average of 40 days to an average of 49 days. The report also found that refinances were a primary factor for driving this change in time.Click to continue