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Ellie Mae Inc., originally named Electronic Mortgage Affiliates, [1] is a software company that processes 35% of U.S. mortgage applications. [2] The services are based on a software as a service model (SaaS), [3] and specializes in originating and funding new mortgage loans and facilitating regulatory compliance.
Jan 7, 2024 · Ellie Mae, a pioneer in cloud-based technology solutions for the mortgage finance industry, soared to prominence after its IPO in April 2011 at $6 per share. However, the company faced challenges in 2018 as mortgage rates increased, causing a significant drop in its share price.
Apr 2, 2019 · Ellie Mae survived the recession to reach a $3.7 billion buyout from Thomas Bravo. Here, CEO Jonathan Corr talks about how they got there.
Aug 6, 2020 · Founded in 1997, Pleasanton, California-headquartered Ellie Mae provides non-bank lenders and credit unions with technology to originate residential mortgage loans, helping to automate a ...
- Ortenca Aliaj
Feb 12, 2019 · PE firm Thoma Bravo is buying Ellie Mae for $99 a share, or $3.7 billion. Here's why it looks like the best deal coming out of the 2018 selloff.
Enhanced, industry-leading pricing engine, seamlessly integrated into Encompass, that improves the loan officer experience and allows lenders to quickly access rate sheets, keep data accurate and easily stay on top of changes that affect loan scenarios.
Sep 4, 2020 · Ellie Mae is the leading cloud-based platform provider for the mortgage finance industry. Ellie Mae’s technology solutions enable lenders to originate more loans, lower origination costs, and reduce the time to close, all while ensuring the highest levels of compliance, quality and efficiency.
