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Ellie Mae Announces New Major Release of Encompass Digital Lending Platform

PLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced today that it has launched a new major release of Ellie Mae’s Encompass Digital Lending Platform™. The latest release will help lenders of all sizes originate more loans, lower origination costs and shorten the time to close with compliance, efficiency and quality. Key highlights include expanded HELOC origination support, the addition of Americans with Disability Act (ADA) capabilities within Consumer Connect™ and Correspondent and Wholesale Lending enhancements.