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Ellie Mae Inc: Stock Chart

Ellie Mae, Inc. and its subsidiaries host electronic mortgage origination network in the United States. Its network and technology-enabled solutions help streamline and automate the mortgage origination process facilitating regulatory compliance and reducing documentation errors for its network participants. The companyÂ’s network electronically connects mortgage professionals to the mortgage lenders, investors, and service providers integral to the origination and funding of residential mortgages. For mortgage originators, Ellie Mae provides Encompass software, an operating system that handles business and management functions involved in running a mortgage origination business; and serves as a gateway to the Ellie Mae Network. Mortgage originators use Encompass as a single tool for loan processing, marketing, and customer communication, as well as to interact electronically with lenders, investors, and service providers over the Ellie Mae Network. The company also offers Encompass users various additional services, including Encompass Closer, which automatically prepares the disclosure and closing documents necessary to fund a mortgage; CenterWise, a bundled offering of electronic document management and Web sites used for customer relationship management; and Encompass Compliance Service, the compliance service. For the lenders, investors, and service providers on its network, Ellie Mae provides electronic connectivity that allows them to do business with certain mortgage origination professionals. It also offers Ellie Mae Network Plus offerings for subscribing lenders and service providers. The company was founded in 1997 and is headquartered in Pleasanton, California.

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