Ellie Mae Launches Encompass® Custom Edition

Loan origination system now empowers originators with extensive customization capabilities

Dublin, CA—November 14, 2006—Ellie Mae, an award-winning provider of innovative software and services for the mortgage industry, has announced the creation and launch of Encompass Custom Edition, a highly configurable version of the Encompass loan origination system, which has achieved an estimated 30 percent market share since its launch less than three years ago.

Encompass Custom Edition was designed for originators that require the flexibility of a customizable loan origination system, typically a requirement for larger companies. With features like a custom input form builder, business process management and seamless process-to-process integration, Encompass Custom Edition empowers businesses to streamline processes and achieve greater control and flexibility, all within their preset work structure.

"We can't expect larger companies to build their businesses around a loan origination solution, so we're enabling them to customize the loan origination system around their company," explains Jonathan Corr, Ellie Mae's chief strategy officer. "With Encompass Custom Edition, originators get a proven and robust loan origination system that can enable a customized, efficient loan process from marketing all the way to post-closing."

Encompass Custom Edition is the most recent addition to the Encompass family of products, which so far had included Encompass Banker Edition, Encompass Professional Edition, Encompass Personal Edition and Encompass Anywhere. "Our goal with Encompass has always been to set a new standard in loan origination systems across the board," states Corr. "We've now created a solution that meets the needs of originators who find great value in a custom solution. In particular, larger brokerages, bankers and lenders have expressed interest in having the ability to customize Encompass to meet their business processes. Encompass Custom Edition and Encompass Banker Edition fulfill that need for both mortgage brokers and bankers alike."

Larger organizations usually have set procedures and protocol already in place, and Encompass Custom Edition allows users to work within that preset roadmap. The powerful yet user-friendly visual editor empowers users to create custom input forms from scratch or by leveraging a library of existing templates. The custom input forms can include an unlimited number of pre-existing and custom fields, so a system administrator can define them to capture specific business information.

The system's customizability reaches into business processes, too. Encompass Custom Edition enables customization of both workflow and user settings. Company administrators may create not only custom milestones that align with the company's existing business processes, but also different roles for individuals or groups that are responsible for loans at each stage, so deadlines and required deliverables can be efficiently met.

In large companies, security can be an issue. Encompass Custom Edition allows users to be assigned to user groups, so the company has specific control over who has access to what. System administrators may create as many custom personas and roles as they like, based on their in-house job functions. With this feature, administrators can easily control employees' access rights to files, features and capabilities of Encompass, regardless of the size and complexity of the organization.

Encompass Custom Edition was designed to work well with other applications. It comes with the Encompass LoanAware Software Development Kit, which supports a seamless process-to-process integration with external business applications, so sharing loan data with third party systems is simple and easy.

Encompass Custom Edition is being unveiled at the Western Regional Mortgage Brokers Conference in Las Vegas, Nevada, and will be available in December. To date, Encompass has been deployed by seven of the nation's top 10 brokerages, more than half of the nation's top 250 brokers, and has over 130,000 users. For more information, originators can visit www.EllieMae.com or call (888) 955-9100.

About Ellie Mae, Inc.
Ellie Mae is an award-winning provider of software and services for the mortgage industry, which was recently 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 automation system, Contour™ and Genesis 2000® loan origination software, Encompass Websites™ 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 all mortgage companies in the United States to easily do business online with dozens of leading lenders and thousands of 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.

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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.