FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

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Lending / People Movers

Ellie Mae promotes new president from within

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Ellie Mae named Jonathan Corr as its president and chief operating officer. In his new role, Corr will be responsible for managing the company’s day-to-day operations.

Corr will continue to report to the company’s chairman and chief executive officer, Sig Anderman.

In 2011, Corr was named COO of Ellie Mae. Prior to that, he led the company’s product management efforts and was chief strategy officer. He has been with Ellie Mae for 11 years.

Before joining Ellie Mae, Corr held executive level positions at both PeopleSoft, Inc. and Kana Software.

“It’s hardly a secret that Jonathan has played a central role in Ellie Mae’s growth,” said Anderman.

During his time at Ellie Mae, Corr has helped create and complete many of the company’s successful products and acquisitions.

Anderman added, “Since our successful initial public offering in 2011, he has also been heavily involved in our investor relations program.”

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