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Ellie Mae, Inc. engages in the provision of software solutions and services for the residential mortgage industry. Its services include Encompass education and certification, professional consulting, implementation, and business writing. Read More The company was founded by Limin Hu and Sigmund Anderman in August 1997 and is headquartered in Pleasanton, CA.
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Markets InsiderMar 20
Cloudvirga Partners With Ellie Mae To Integrate Digital POS With The Encompass Digital Mortgage Solution
IRVINE, Calif., March 20, 2019 /PRNewswire/ -- Cloudvirga™, a leading provider of digital mortgage point-of-sale (POS) software, and Ellie Mae, the leading cloud-based platform provider for the mortgage finance industry have announced an official integration partnership. The Cloudvirga Enterprise POS platform dynamically re-engineers the mortgage workflow and automates manual processes to close loans by up to 30% faster. The tight integration between Cloudvirga and Ellie Mae makes it easy for originators t...
Yahoo FinanceMar 20
February Origination Insight Report from Ellie Mae Shows 30-Year Note Rate Decline; Time to Close Decreases as Percent of Purchases Tick Up
PLEASANTON, Calif.--(BUSINESS WIRE)-- According to the February Origination Insight Report from Ellie Mae® (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 days or more. “Purchase percentages have increased following both the holiday season and the 30-year note rate decli...
Yahoo FinanceMar 16
Ellie Mae (ELLI) Down 0.1% Since Last Earnings Report: Can It Rebound?
A month has gone by since the last earnings report for Ellie Mae (ELLI). Shares have lost about 0.1% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Ellie Mae due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Ellie Mae Reports Q4 Results Ellie Mae recently i...
Expected Apr 25, Pre-Market