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Items Tagged with 'Ellie Mae'

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From HW Magazine

Single stack

Mortgage lending — finally — gets smarter with digital, automated and cloud-based technology
Kerry Curry

In the tech world a “stack” refers to all the elements of something. For the mortgage industry, the idea of the single stack is that one platform (digital, automated and based in the cloud) can either meet all of the functional requirements involved in assembling a mortgage, or can serve as an efficient moderator for the process via open APIs (application programming interface), which are now taking off within the mortgage industry.


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Ellie Mae releases AllRegs Market Clarity 3.0

Includes new search functions and improved navigation
Brena Swanson
Ellie Mae released AllRegs Market Clarity 3.0, a new version of its business information tool, which includes a new user interface that lets users compare and contrast more than 3,000 loan products from 95 different investors.
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Ellie Mae reports record revenue for fourth quarter

Net income up 153% from 4Q13 to 4Q14
Trey Garrison
Ellie Mae beat analyst expectations on earnings and listed fourth quarter revenues of $46.6 million, up 53% from 4Q2013. Here's how it broke out.
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Jonathan Corr promoted to CEO of Ellie Mae

Sig Anderman will remain on board of directors
Brena Swanson
After founding the company in 1997, Sig Anderman is finally passing on the baton to the president and chief operating officer of the company Jonathan Corr.
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Oppenheimer raises Ellie Mae’s price target

Sees 3 important growth factors
Brena Swanson
One investment company believes Ellie Mae will benefit from three key factors that will help boost its stock.
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Low interest rates drive refinances to six-month high

Interest rates fall again
Ben Lane
"Low rates are creating opportunities for homeowners to either lower their payments or capitalize on their homes’ equity," said Jonathan Corr, president and COO of Ellie Mae.
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Ellie Mae’s earnings overcome mortgage industry declines

AllRegs buy will reflect on next quarter's results
Brena Swanson
“Revenue grew 30% over last year’s third quarter to a record $42.8 million, despite a 27% decline in industry mortgage origination volume, and our active user base crossed the 100,000 mark for the first time,” said Sig Anderman, CEO of Ellie Mae.
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Arch MI integrates with Ellie Mae’s Encompass

Simplifies mortgage process
Brena Swanson
“Arch MI is very pleased to partner with Ellie Mae to offer our customers full integration with their Encompass platform,” said Chris Hovey, executive vice president and chief operations officer at Arch MI. “Our integration with Encompass enables our customers to simplify the process of ordering mortgage insurance with Arch MI.”
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Ellie Mae completes acquisition of AllRegs

$30 million deal previously announced in August
Ben Lane
“At a time when compliance has become mission critical for mortgage lenders, the acquisition positions Ellie Mae as the leading source of mortgage management technology, investor guidelines, compliance resources and education to help lenders achieve compliance, loan quality and efficiency,” Ellie Mae said in a release announcing the completion of the deal.
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Ellie Mae’s July origination report shows share of purchase loans up

Even better, time to close falls to its lowest
Trey Garrison
Ellie Mae’s Origination Insight report shows that for July, the share of purchase loans rose to its highest level in the series, while time to close fell to its lowest.
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