Ellie Mae Releases May 2013 Origination Insight Report
Refinance-to-Purchase Mix Steady in May; High LTV Refinances Fell Below 10%
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Refinance-to-Purchase Mix Steady in May; High LTV Refinances Fell Below 10%
Featuring Enhanced Loan Originator Compensation Plan Management Capabilities
System Chosen with Eye Towards Enhanced Customer Experience
Revenue up 48% from prior year
Revenue guidance raised for 2013
Purchase Mix Increases as Spring Buying Season Begins and Credit Continues to Ease
Company Publishes SOC 2 & SOC 3 Reports
Credit Standards Show Signs of Easing
Compliance a Major Driver in Selection Process
Refinances Accounted for Nearly Three-Quarters of All Closed Loans
2012 revenue up 84% year over year to $101.8 million
2012 adjusted EBITDA up 397% year over year to $32.8 million
Ellie Mae to Report Fourth Quarter and Fiscal Year 2012 Financial Results On February 14, 2013