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 From Websites to the eMortgage: Ellie Mae’s Key
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 Inman Innovator Award, 2003  Top Service Provider, 2011, 2010, 2009, 2008, 2007  CEO Sig Anderman, Top 100 Most Influential People in Real Estate, 2005  Best Places to work in the Bay Area, 2006, 2004  Tech Companies to Watch, 2005  2004  2004  Top 50 Fastest Growing Private Companies, 2004, 2003 |
Ellie Mae was founded in 1997 to leverage the power of the Internet for mortgage originators.
We started by hosting mortgage websites and over the years, our company grew through the development of the Ellie Mae Network for electronic mortgage transactions, the Encompass Mortgage Management Solution software and accompanying products and services such as Encompass CenterWise™ websites and electronic document management services and Encompass Closer™ document preparation services.
As Ellie Mae grew and our network, software and services evolved, so did our client base, starting with mortgage brokers and expanding to include mortgage bankers, community banks, credit unions and regional and national lenders.
In 2008, Ellie Mae acquired certain assets of Online Documents Inc., a provider of mortgage documents, including closing documents and disclosures, and in 2009, we acquired Mavent Inc., a provider of automated compliance solutions for the mortgage industry.
Also in 2009, we proudly launched Encompass360, software that we believe provides a revolutionary approach to automating and streamlining each step in the mortgage process, from origination and processing to closing, business intelligence and reporting.
In January 2011, Ellie Mae acquired substantially all the assets of Mortgage Pricing System, LLC, including the company’s LEAP loan eligibility and pricing product, and launched the integrated Encompass Product and Pricing Service™.
In April 2011, Ellie Mae announced the pricing of our initial public offering on the NYSE Amex under the symbol ELLI.
In August 2011, we acquired Del Mar Datatrac, Inc., a leading provider of mortgage lending solutions for processing and funding loans, creating workflow efficiencies, managing secondary marketing transactions, and reporting and business intelligence.
We estimate that up to 20% of new residential mortgages in the United States are initiated over the Ellie Mae Network™ using Encompass® software each year.
Here are some of the key milestones we’ve achieved over the past 14 years:
January
» Ellie Mae acquires Mortgage Pricing Systems, a provider of product and pricing solutions for the mortgage industry
» Encompass Product and Pricing Service, an automated product and pricing engine, launches in Encompass360
April
» Ellie Mae announces pricing of initial public offering on the NYSE Amex under the symbol ELLI
August
» Ellie Mae acquires Del Mar Datatrac, Inc., a leading provider of mortgage lending solutions for processing and funding loans
April
» Encompass Compliance Service, an automated
compliance check for potential violations of federal and state regulations,
launches in Encompass360
May
» Ellie Mae files
registration statement for proposed initial public offering
July
» Encompass360 "Success-Based
Pricing" model, offering lenders an option to pay based on loans closed
rather than purchasing the technology, is introduced
» Encompass360 Summer 2010 Release launches
» Encompass360 Select, a new program
providing preferred Ellie Mae customers with targeted offers from select
lenders and third-party service providers within their software, launches
August
» Ellie Mae named a "Top 50 Service Provider"
by Mortgage Technology Magazine
» Ellie Mae expands its Customer Care
organization with a new director and five specialized response teams
November
» Encompass Assured GFE, a service enabling
users to create Good Faith Estimates with real-time fees backed by a
compliance guarantee, launches in Encompass360
December
» Encompass360 Fall 2010 Release launches
May
» Ellie Mae awarded US patent number
7,472,089 entitled “Loan Origination System Interface for Online Loan
Application Processing” for its Ellie Mae Network technology
July
» Encompass360 Banker Edition software for
mortgage bankers, community banks, credit unions and national and regional
lenders launches
September
» Encompass360 Broker Edition software for
mortgage brokers launches and replaces Encompass Standard and Professional
Editions
October
» Ellie Mae is named a finalist for Mortgage Technology Magazine's 2009 Release of the Year Award
December
» Ellie Mae acquires Mavent Inc., a provider
of automated compliance solutions for the mortgage industry
» Encompass360 RESPA Update launches
January
» Encompass Banker Edition 3.0 software for
mortgage bankers, community banks, credit unions and national and regional
lenders launches
March
» Encompass Centerwise™ websites and
electronic document management services launches
September
» Ellie Mae purchases certain assets of
Online Documents Inc. from Stewart Lender Services
October
» Ellie Mae awarded US patent number
7,444,302 entitled “Online System for Fulfilling Loan Applications from Loan
Originators” for its Ellie Mae Network technology
» Ellie Mae Chief Strategy Officer Jonathan
Corr is named a “Mortgage IT All Star” by Mortgage Banking Magazine
March
» Ellie Mae hosts the first Encompass user
conference, the Encompass Success Summit for Mortgage Professionals
June
» Encompass 3.0 software for mortgage
originators launches
May
» Ellie Mae is named One of Top 10 “Best
Places to Work in Bay Area”
June
» Encompass Professional Edition software for
mortgage originators launches
October
» Ellie Mae is awarded the “Synergy Award”
for being a company at the forefront of mortgage e-commerce
December
» Encompass Banker Edition software for
mortgage bankers, community banks, credit unions and national and regional
lenders launches
» CEO Sig Anderman is named to list
of “Top 10 Most Influential People in the Mortgage Industry” (Inman)
May
» Encompass Anywhere (web-based hosted
software for mortgage originators) is introduced
August
» Ellie Mae is named to list of “Top 10
Tech Companies to Watch” by Banking Tech News
January
» Encompass software for mortgage
originators is introduced
October
» Ellie Mae is named to the Inc. 500
list of “America’s Fastest Growing Private Companies”
October
» Ellie Mae is named by Tom Peters in
his Re-Imagine book and PBS special (2004) as one of five companies changing
how business is done in America (profiled along with Microsoft, eBay and
Walmart)
November
» Ellie Mae is named “Most Innovative
Company in Mortgage Industry” (Inman)
» Ellie Mae acquires Contour, a loan origination software provider
November
» Ellie Mae Network introduced
» Ellie Mae starts offering point-of-sale websites to mortgage originators
» Ellie Mae is incorporated
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Milestones & Awards
