Monday Morning Cup of Coffee: Goldman's $1B FHFA settlement?

Monday Morning Cup of Coffee: Goldman's $1B FHFA settlement?

America’s lost decade; FHA fees drag; Mortgage lending, RMBS slow to a crawl

Here’s why the FHFA is not a fan of principal reduction

Who's going to pay for that?

Before you judge Dodd-Frank...

Urban Institute: "Can we really calculate the cost?"
W S
Lending / The Ticker

Ellie Mae hires Morgan Stanley to oversee sale

Sales process to begin in a few weeks

buying opportunity
/ Print / Reprints /
| Share More
/ Text Size+

Mortgage software company Ellie Mae (ELLI) has hired Morgan Stanley (MS) to try and sell the company, Reuters reported Tuesday.

The sales process for Ellie Mae, which has a market capitalization of $768.6 million, is expected to begin in the next few weeks, and a number of parties, particularly private equity firms, are expected to take a look at the company, one of the sources said.

Pleasanton, California-based Ellie Mae's software is used in around 20% of all mortgages in the United States, according to the company.

Source: Reuters
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus