Ellie Mae Partners with PowerPak to Provide Exclusive ePASS Connectivity to Wholesale Lenders and Settlement Service Providers

Partnership Brings Streamlined Technology to LOS Users

Baltimore, MD-June 16, 2003-Ellie Mae Inc., the leading provider of desktop and web-enabled productivity solutions and software for the mortgage industry, announced today at the 2003 National Association of Mortgage Brokers Annual Convention a partnership with PowerPakT loan origination software (LOS), a wholly-owned subsidiary of Lender's Document Service, Inc., a provider of closing loan document software and services to the financial industry.

The partnership with Ellie Mae brings PowerPak users instant and seamless access, through Ellie Mae's industry-leading ePASS connectivity to LOS. Now PowerPak users will be able to leverage the 250 wholesale lenders and more than 90,000 service providers currently available through ePASS. By integrating ePASS into the PowerPak desktop, PowerPak customers are offered the most streamlined process for ordering credit, title, flood, appraisals, automated underwriting, lender loan file submission and more, including the innovative DO for ePASS which provides easy and fast access to Fannie Mae's Desktop Originator.

"Ellie Mae's ePASS Business Center is an outstanding tool that enables seamless connectivity to lenders and service providers for all of our customers through a single touchpoint within PowerPak," said Mike Eales, President of PowerPak. "Our partnership with Ellie Mae will provide our clients with additional opportunities to lower their cost and improve time-efficiency as well as providing a competitive advantage for our PowerPak loan origination software product by adding ePASS."

"Providing ePASS capabilities to PowerPak and their customers is a huge step in helping to streamline the mortgage process for mortgage professionals," said Robin Nebel, president of Ellie Mae, Inc. "PowerPak and its loan origination software customers will see an immediate benefit from the easy ordering process and secure transfer of data directly from their PowerPak application to the service partners and lenders that they work with on a daily basis. PowerPak users will be able to protect their borrower's confidential information, while saving both time and money by eliminating redundant data entry and communicating with their service partners in the fastest and easiest way possible."

About Ellie Mae

Ellie Mae, Inc., the leading provider of desktop and web-enabled mortgage-industry productivity solutions and software, helps automate the loan-origination process from lead to close. Ellie Mae's ePASS® Web-transaction portal is the industry standard, currently processing over 700,000 transactions monthly. ePASS links 175,000 third-party mortgage originators to more than 250 wholesale lenders and 90,000 loan services providers-enabling them to eliminate redundant work, close loans faster and save loan-origination costs. Ellie Mae products include Executive Web Sites for automated lead generation and marketing, Contour® and Genesis 2000® desktop software for advanced loan origination and processing and Ellie Mae Docs for speedy, error-free electronic closing documentation. To learn more about Ellie Mae, call 877-355-4362 or visit www.elliemae.com .

About PowerPak

PowerPak Loan Origination Software (LOS) began serving customers in 1987. In 2000, the company became a wholly owned subsidiary of Lenders Document Service, Inc. (LDS), a provider of closing loan document software and services to customers nationwide since 1979. LDS and PowerPak look to satisfy the needs of mortgage professionals for processing and closing software and services from origination through funding and closing. Membership in organizations from Brokers Associations to the national Mortgage Banker Association, plus our extended customer base throughout the country keeps PowerPak current on the issues its customers are concerned about.

For more information about PowerPak products and services visit its Web site at www.pwrpak.com or call 800-745-3627.

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