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Encompass sales on the riseMortgagePress.comAutomated mortgage origination, Ellie Mae, Encompass
Ellie Mae has reported a spike in sales of its Encompass
Mortgage Automation System, stating that between May 2005 and May
2006, its number of clients grew by 216 percent, increasing from
5,586 to 12,067.
In addition, the number of users grew from 73,768 to 119,510
during that period and estimated market share reached 28 percent,
up from 7 percent in late 2004.
Ellie Mae is a software and services provider for the mortgage
industry based in Dublin, Calif. For more information, call (888)
955-9100 or visit www.elliemae.com.
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