Ellie Mae Provides Mortgage Professionals with Expanded Access To More Than 1,500 Local Title and Escrow Offices Through ePASS

Unparalleled Access Makes Ordering and Receiving Title As Easy As Ordering a Credit Report

Pleasanton, CA-July 23, 2003-Ellie Mae, the leading provider of desktop and Web-enabled productivity solutions and software for the mortgage industry, announced today that they have achieved a new milestone in providing access to local title offices that support mortgage originators nationwide.

Ellie Mae has integrated more than 1,500 local title and closing offices into its ePASS Business Center, providing seamless connectivity between mortgage originators using any of the major loan origination systems and the nation's leading title agencies. The addition of more local title providers nationwide was prompted by the dramatic growth in usage of the ePASS transaction platform, which increased by 300 percent in the last year and currently sees 40,000 transactions processed through it daily. With increased usage, the ePASS Business Center continues to be an efficient and secure method of ordering credit reports, flood certificates, appraisals and submitting loan files to wholesale lenders.

"Our clients have enjoyed significant time and cost savings by interacting with their lenders and settlement service providers through the ePASS Business Center," said Robin Nebel, president of Ellie Mae. "Given the amount of time and effort consumed by the ordering and receipt of a title report through the standard manual process, we saw the opportunity to create a fast, simple and secure experience that not only benefits our clients, but also the local title companies. Now the ordering of title is as easy as ordering a credit report. And because the demand for access to additional title offices continues to increase, we are adding more than 100 new local title offices every month."

About Ellie Mae, Inc.

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 800,000 transactions monthly. ePASS connects 175,000 third-party mortgage originators to more than 270 wholesale lenders and 90,000 loan services providers-enabling them to eliminate redundant work, close loans faster and save loan-origination costs. Ellie Mae's Internet-optimized products include Executive Web SitesT for automated lead generation and marketing, Contour™ and Genesis 2000™ desktop software for advanced loan origination and processing and Ellie Mae DocsT for speedy, comprehensive electronic closing documentation. To learn more about Ellie Mae, call 888-955-9100 or visit www.elliemae.com .

Copyright 2003 Ellie Mae, Inc. All rights reserved. Ellie Mae®, ePASS®, Contour™, Genesis 2000™, Executive Web SitesT, and Ellie Mae DocsT are the sole property of Ellie Mae, Inc.

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