Fast-Growing Family First Mortgage Deploys Encompass Anywhere

Solution integrates systems and provides paperless capabilities to its 248 branches

DUBLIN, CA—July 25, 2005—Ellie Mae, an award-winning provider of innovative software and services for the mortgage industry, has announced that Family First Mortgage Corporation, one of the country's leading brokerages which is ranked the nation's 37th fastest-growing private company*, has decided to implement Encompass Anywhere across its 248 branches which span 33 states. All branches will be switching from their existing loan origination systems to Encompass Anywhere within the next six months.

Encompass Anywhere, Ellie Mae's ASP-based loan origination system, will eliminate the company's use of redundant systems including eBridge, an electronic data storage system; miscellaneous loan origination systems including Calyx® Point®; Genesis, and Byte®; and the company Intranet which is being used for application logs. With Encompass Anywhere Enterprise Edition, Family First will be empowered to better manage and monitor each of its branches with real-time loan pipeline visibility via any Internet connection.

Besides providing superior management oversight capabilities, Encompass Anywhere was favored because of its integrated electronic document management and lead import and management capabilities. "The new version of Encompass will allow our branches to scan files and electronically submit them to us and to our investors. That will limit our need to overnight packages and should significantly reduce our expenses," explained Glenn Hill, Chief Operations Officer at Family First Mortgage Corporation. "We are also very interested in the ability to import and leverage leads right from within Encompass. That makes a lot of sense."

"With fundings exceeding 1 billion dollars per year, Family First Mortgage has established itself as a leading net branch organization. Their ability to grow profitably is part of their success. This eye on profitability and desire to focus on their core competencies is exactly why Family First chose Encompass Anywhere, the hosted version of Encompass. It completely removes the management of IT from the equation, which can be very liberating. All an employee needs is a computer with an Internet connection, and they're ready to operate. Furthermore, they can easily add users, which is essential for a company that is growing as quickly as they are," states Jeff Benjamin, Director of Sales at Ellie Mae.

As a fast-growing company adding approximately 2-5 branches per week, Family First did not take lightly the decision to transition all of its branches to Encompass. "It took us a year of research and analysis to make the decision. We looked at various products and even evaluated the option of building the technology ourselves. After our analysis was complete, Encompass Anywhere emerged as the clear choice. We consider it the most advanced mortgage management system on the market, offering much more than the standard LOS," added Hill.

About Ellie Mae, Inc.
Ellie Mae, Inc. is an award-winning provider of software and services for the mortgage industry, which has been recognized in each of the past three years as one of the fastest growing companies in the California Bay Area, and most recently has been named to the Inc. 500 list of America's fastest growing private companies. Ellie Mae provides a comprehensive line of products and services including the company's flagship Encompass® mortgage management system, Contour™ and Genesis™ loan origination software, Executive Web Sites for mortgage brokers, and Ellie Mae Docs services for document processing. Ellie Mae's ePASS® Network is the mortgage industry's online transaction platform enabling 40,000+ mortgage companies in the United States to easily do business online with leading lenders and nearly 100,000 settlement service providers. Ellie Mae is based in Dublin, California. To learn more about Ellie Mae, visit www.elliemae.com or call (888) 955-9100.

*Source: 2004 Inc. 500 listing of the nation's fastest-growing private companies

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Point is a registered trademark of Calyx Software.

Ellie Mae, Encompass, ePASS, and Genesis 2000 are registered trademarks, and Contour, Executive Websites, and Ellie Mae Docs are trademarks, of Ellie Mae, Inc. All rights reserved.

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