$ELLI News

Last published 5y ago

5y agoICE ELLIInnovative approach to digitizing the home loan experience propels SimpleNexus to market-leading adoption by loan originators and consumersPR NewswireLEHI, Utah, Oct. 7, 2021 /PRNewswire/ -- SimpleNexus (https://simplenexus.com/), developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced new milestones in the company's bid t
6y agoELLIEllie Mae Announces 2020 Innovation Award WinnersPR NewswireEllie Mae® (NYSE: ELLI), the leading cloud-based loan origination platform provider for the mortgage industry, today announced the 2020 Ellie Mae...
7y agoELLIFebruary Origination Insight Report from Ellie Mae Shows 30-Year Note Rate Decline; Time to Close Decreases as Percent of Purchases Tick UpBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--According to the February Origination Insight Report from Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, the 30-year note rate continued to drop for the second straight month to 4.86 percent, down from 5.01 percent in January. This was coupled with the time to close decreasing across all loan types by two da ...
7y agoELLILocation for Ellie Mae Experience 2020 AnnouncedBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE: ELLI), the leading cloud-based platform provider for the mortgage finance industry, today announced Ellie Mae Experience 2020, the leading technology conference for the residential mortgage industry, will be held at the Marriott Marquis San Diego Marina and the Manchester Grand Hyatt in San Diego, California from March 23-25, 2020.
7y agoELLIEllie Mae Announces 2019 Borrower Insights SurveyBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--As the industry continues to embrace digital mortgages, the 2019 Borrower Insights Survey from Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, found that borrowers are looking to engage with their lenders online, but are demanding more communication throughout the loan origination process.
7y agoELLIEllie Mae Announces Digital Mortgage ROI and Impact on Cost of Origination Study from Marketwise Advisors, LLCBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced today the release of the Digital Mortgage Return on Investment (ROI) and Impact on Cost of Origination Study from Marketwise Advisors, LLC. In 2018, MarketWise Advisors, LLC, was commissioned by Ellie Mae to conduct an intensive evaluation of the cost ...
7y agoELLIEllie Mae Announces New Functionality for Encompass Loan Officer ConnectBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced today new functionality for Encompass Loan Officer Connect™. This new functionality gives loan officers secure, real-time access to Ellie Mae’s Encompass™ digital mortgage solution – anytime, anywhere – from any device.
7y agoELLIMillennials Took Advantage of Lower Rate to Refinance, Latest Ellie Mae Millennial Tracker FindsBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Millennial homebuyers took advantage of slightly lower interest rates in January to refinance their mortgages. Refinances by Millennial borrowers accounted for 13 percent of all closed loans, the highest percentage since February 2018, according to the latest Ellie Mae Millennial Tracker™. Similarly, the January Ellie Mae Origination Insight Report, which explo ...
7y agoELLIEllie Mae Twice Honored by Prestigious 2018 Ragan Intranet AwardsBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, has been named a winner in Ragan’s 2018 Intranet Awards in the “Employee Recognition” category for its work with Unily on the “Cheers for Peers” widget and received an honorable mention in the “Launch or Relaunch” category for its “License to Succeed” campaign.
7y agoELLIEllie Mae Announces Integrated Partner Program Early AdoptersBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE: ELLI), the leading cloud-based platform provider for the mortgage finance industry, today announced the early-adopters of the Ellie Mae Integrated Partner Program. The Integrated Partner Program was first announced in October of 2018 and already includes a number of Independent Software Vendors and Developers, further growing the capabilities ...
7y agoELLIJanuary Origination Insight Report from Ellie Mae Shows Refinances Represented 35 Percent of All Closed LoansBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--According to the January Origination Insight Report from Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, the percentage of refinances increased to 35 percent in January, up from 29 percent in December of 2018. FHA refinances increased to 21 percent in January, up from 18 percent the month prior and Convention ...
7y agoELLIEllie Mae Reports Fourth Quarter and Full Year 2018 ResultsBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, today reported results1 for the fourth quarter and full year ended December 31, 2018.
7y agoELLIEllie Mae Enters into Definitive Agreement to Be Acquired by Thoma BravoBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, LLC, a leading private equity investment firm, in an all-cash transaction that values Ellie Mae at an aggregate equity value of approximately $3.7 billion.
7y agoELLIEllie Mae Announces New Major Release of Encompass Digital Lending PlatformBusiness WirePLEASANTON, 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 ...
7y agoELLIMillennial Borrowers Closing More Purchase Loans as Share of Refinances Drops, Latest Ellie Mae Millennial Tracker FindsBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Despite a rise in interest rates and tight inventory, Millennials closed a higher share of purchase loans year-over-year in December 2018. According to the latest Ellie Mae Millennial Tracker, share of purchase loans rose 4 percent, accounting for 88 percent of all loans closed by members of the generation in December, compared to 84 percent for the same month ...
7y agoELLIEllie Mae to Report Fourth Quarter and Full Year 2018 Results on February 14, 2019Business WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, today announced that it will release financial results for the fourth quarter and fiscal year 2018 ended December 31, 2018 following the close of the market on Thursday, February 14, 2019. The Company will host a corresponding conference call and live webcast at ...
7y agoELLIDecember Origination Insight Report From Ellie Mae Shows Adjustable Rate Mortgage Usage Hits Eight-Year High as Consumers Compete for HomesBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--According to the December Origination Insight Report from Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, the percentage of Adjustable Rate Mortgages (ARMs) reached 9.2 percent, the highest percentage in 2018 and since Ellie Mae began tracking data in 2011. This is up from 8.9 percent the month prior and the ...
7y agoELLIEllie Mae Introduces New AllRegs OnlineBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE: ELLI), the leading cloud-based platform provider for the mortgage finance industry, today announced the release of AllRegs Online, providing a new user experience for the industry’s most recognized single source for regulatory and investor information. The new AllRegs Online offering includes an updated and modernized interface, new features, ...
7y agoELLIEllie Mae Announces Fannie Mae as Sponsor of Experience 2019 Developer SummitBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, today announced Fannie Mae as the sponsor of the Experience 2019 Developer Summit, a two-day track filled with highly technical content designed for software developers and data scientists during the Experience 2019 User Conference, March 10-13, 2019 at Moscone ...
7y agoELLIMillennial Borrowers Taking Out Larger FHA Loans to Compete for Limited Inventory, Latest Ellie Mae Millennial Tracker FindsBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Millennial homebuyers are taking out larger FHA-backed mortgage loans year-over-year, according to November data from the Ellie Mae Millennial Tracker™. Twenty-six percent of all closed loans to members of the generation in November were for FHA loans, with an average loan size of $186,454, up from $178,862 in November 2017 and $170,167 in November 2016. Compar ...
7y agoELLIEllie Mae Announces 2019 Hall of Fame Winners and FinalistsBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE: ELLI), the leading cloud-based platform provider for the mortgage finance industry, today announced the 2019 Ellie Mae Hall of Fame award winners and finalists, honoring mortgage lenders that have distinguished themselves with their innovative use of Ellie Mae technology.
7y agoELLINovember Origination Insight Report from Ellie Mae Sees Percentage of Adjustable Rate Mortgages Reach Highest Point in History of ReportBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--According to the November Origination Insight Report from Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, the percentage of Adjustable Rate Mortgages (ARMs) reached 8.9 percent, the highest percentage since Ellie Mae began tracking data in 2011.
7y agoELLIEllie Mae’s Encompass Consumer Connect Strengthens Identity, Employment and Income Verification ServicesBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced enhancements to Encompass Consumer Connect™ that include identity, employment and income verification. These enhancements help lenders engage with homebuyers and provide a more streamline application process to help foster interest, engage borrowers an ...
7y agoELLIDave Ard Joins Ellie Mae as Senior Vice President of Enterprise SalesBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced today that Dave Ard has joined the organization as senior vice president of enterprise sales. In this role, Dave will manage the enterprise team of account executives and relationship managers responsible for providing digital mortgage technology to th ...
7y agoELLIMillennials Undeterred From Purchasing Homes Despite Rising Interest Rates, Latest Ellie Mae Millennial Tracker FindsBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Millennials were not deterred from purchasing homes in October as the market continued to tighten, interest rates rose, and average loan amounts decreased. According to the latest Ellie Mae Millennial Tracker™ the average loan amount to Millennial borrowers for all closed loans was $189,686 in October, down from $192,005 in September, yet higher than last Octob ...
7y agoELLIEllie Mae’s Jeff Benjamin Honored with HousingWire 2018 Vanguard AwardBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae (NYSE: ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced that Jeff Benjamin, Senior Vice President of Sales and Client Management for Ellie Mae, has been selected as a winner for the fourth annual HousingWire Vanguard Awards.
7y agoELLIDan Madden to Join Ellie Mae as Executive Vice President and Chief Financial OfficerBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced today that Dan Madden will join the organization as executive vice president and Chief Financial Officer (CFO) on December 20, 2018, reporting to Jonathan Corr, Ellie Mae’s President and CEO.
7y agoELLIEllie Mae Extends Deadline for Encompass Innovation Challenge to December 20, 2018Business WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, today announced that the deadline has been extended to December 20, 2018 to submit nominations for its Encompass Innovation Challenge. The company is inviting users of the Encompass® digital mortgage solution to build and submit innovations leveraging the Ellie ...
7y agoAMZN ELLIEllie Mae Goes All-In on AWSBusiness WireSEATTLE--(BUSINESS WIRE)--Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced that Ellie Mae, Inc. (NYSE: ELLI) is moving its infrastructure to AWS—going all-in on the world’s leading cloud—to rebuild its core applications and create new digital products for the evolving needs of homebuyers. Ellie Mae will use the breadth and depth of AWS services, including com ...
7y agoELLIEllie Mae Named One of the Fastest Growing Companies in North America for Sixth Consecutive Year on Deloitte’s 2018 Technology Fast 500™Business WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE: ELLI), the leading cloud-based platform provider for the mortgage finance industry, has been named to Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Ellie Mae’s operating revenue increased 158 percent from 2014 to 2017.
7y agoELLIOctober Origination Insight Report From Ellie Mae Sees Closing Rates Rise to Highest Percentage in 2018Business WirePLEASANTON, Calif.--(BUSINESS WIRE)--Closing rates for all loans increased to 72.2 percent in October, the highest point in 2018 according to the October Origination Insight Report from Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry. This is up from 71.7 percent the month prior. Closing rates on refinances increased slightly to 64.9 percent in O ...
7y agoELLIMillennial Homebuyers Complete Purchase Loans Despite Rising Interest Rates, Ellie Mae Millennial Tracker FindsBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Millennial homebuyers continued to close purchase loans in September 2018, despite interest rates rising to the highest point in the year, according to the latest Ellie Mae Millennial Tracker™.
8y agoELLIEllie Mae Receives Prestigious 2019 CSO50 Award From IDG's CSO For Second Consecutive YearBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, has been named an honoree of a 2019 CSO50 Award from IDG's CSO. Ellie Mae was a previous honoree of this award in 2018 for its security innovation and leadership. This prestigious honor is bestowed upon a select group of organizations that have demonstrated that ...
8y agoELLICORRECTING and REPLACING Ellie Mae Announces Experience 2019 ConferenceBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Please replace the release with the following corrected version due to changes in conference pricing information.
8y agoELLIEllie Mae to Present at the Barclays Global Technology, Media and Telecommunications Conference on December 5, 2018Business WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced today that members of its management team will present at the Barclays Global Technology, Media and Telecommunications Conference at The Palace Hotel in San Francisco on Wednesday, December 5, 2018. The presentation will begin at 12:30 PM Pacific Time.
8y agoELLIEllie Mae Reports Third Quarter 2018 ResultsBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, today reported results1 for the third quarter ended September 30, 2018.
8y agoELLIEllie Mae Announces New Major Release of Encompass Digital Mortgage SolutionBusiness WirePLEASANTON, 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 mortgage solution. The latest release will help lenders of all sizes originate more loans, lower origination costs and shorten the time to close with compliance, efficienc ...
8y agoELLISeptember Origination Insight Report from Ellie Mae Sees Percentage of Closed Purchase Loans IncreaseBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--The percentage of closed purchase loans increased in September to 71 percent of total loans according to the Origination Insight Report from Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry. Closed refinances represented 29 percent of total closed loans, returning to the July average.
8y agoELLIEllie Mae Announces Release of Newly Designed Desktop Underwriter Findings Report on Encompass Lending PlatformBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced today the availability of the newly redesigned Desktop Underwriter® (DU®) Underwriting Findings (Findings) report on Ellie Mae’s Encompass Lending Platform™. The newly improved DU Findings report will make it easier for lenders to navigate and take act ...
8y agoELLIEllie Mae Announces Support for Freddie Mac’s New Income and Asset Assessment Solutions on the Encompass Lending PlatformBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, today announced immediate support for Freddie Mac’s income and asset assessment solutions delivered through Loan Product Advisor®.
8y agoELLIEllie Mae Asks, How Are You Driving Innovation Home?Business WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, today announced the launch of the “Driving Innovation Home” campaign, in which Ellie Mae customers, prospective customers and partners can participate in digital mortgage journeys for a chance to win a road trip of their dreams or for an opportunity to give back ...
8y agoELLIEllie Mae Expands Mortgage Partner Ecosystem to Independent Software Vendor (ISV) Partners With New TechBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, announces the launch of the Ellie Mae Independent Software Vendor (ISV) Partner Program. The Ellie Mae ISV Partner Program is designed to expand on Ellie Mae’s existing ecosystem of secure, pre-integrated software solutions. Ellie Mae is enabling ISV partners to ...
8y agoELLIEllie Mae Classic Dates Announced for 2019Business WireHAYWARD, Calif.--(BUSINESS WIRE)--The Web.com Tour and Ellie Mae announced today dates for the 2019 Ellie Mae Classic. The tournament will return to TPC Stonebrae in Hayward, California, the week of July 29 – August 4, as the penultimate event of the Tour’s Regular Season.
8y agoELLIEllie Mae Offers Resources, Training and Education in Support of the Redesigned Uniform Residential Loan Application and New Data Required for Desktop Underwriter® and Loan Product Advisor® Uniform Loan Application DatasetBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced today a series of new initiatives aimed at educating clients, partners and prospective clients on the significant impacts of the redesigned Uniform Residential Loan Application (URLA) on their organizations.
8y agoELLIEllie Mae to Report Third Quarter 2018 Results on October 25, 2018Business WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, today announced that it will release financial results for the third quarter 2018 ended September 30, 2018 following the close of the market on Thursday, October 25, 2018. The Company will host a corresponding conference call and live webcast at 4:30 p.m. Easter ...
8y agoELLIAugust Ellie Mae Millennial Tracker Sees Conventional Loans Reach Three Year HighBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Despite fierce competition for affordable homes in many markets this spring and summer, the percentage of conventional purchase loans to Millennial homebuyers has increased, compared to the same time period a year ago, according to the latest Ellie Mae Millennial Tracker™.
8y agoELLIEllie Mae Opens Call for Submissions to Encompass Innovation ChallengeBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, today announced nominations are now being accepted for its Encompass Innovation Challenge. The company is inviting users of the Encompass® digital mortgage solution to build and submit innovations leveraging the Ellie Mae Encompass Lending Platform™ and Applicat ...
8y agoELLIEllie Mae Announces Winner of “Dream Big, Win Tiny” SweepstakesBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced today the winner of the “Dream Big, Win Tiny” campaign and sweepstakes in which Ellie Mae customers, prospective customers and partners demonstrated how they are personally helping power the American Dream of homeownership through their use of digital ...
8y agoELLIAugust Origination Insight Report from Ellie Mae Sees Increase in Refinance PercentagesBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--The percentage of closed refinances increased for the first time in 2018 to 32 percent in August, up from 29 percent in July according to the Origination Insight Report from Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry.
8y agoELLIEllie Mae’s True Digital Mortgage Reduces Application Close Time by Three DaysBusiness WirePLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced that since the launch of Encompass Consumer Connect™ in early July 2018, over 1,000 unique lender sites have been established and over 6,000 unique borrowers have created accounts to complete home loans. This momentum in the Consumer Engagement Suite h ...