Ellie Mae Achieves Major Milestone with 100,000 Active Encompass Users

Mortgage compliance requirements drive adoption of Encompass® mortgage management solution from lenders of all sizes

PLEASANTON, Calif. – October 20, 2014Ellie Mae® (NYSE: ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, announced that it has recently surpassed 100,000 active users of its Encompass® mortgage management solution, the mortgage industry’s solution for achieving compliance, loan quality and efficiency.

“With increasing regulatory oversight and an ultra-competitive market, choosing the right mortgage technology provider that provides innovative products and enterprise class service and support has never been more important,” said Jonathan Corr, president and COO of Ellie Mae. “Compliance is a key driver for adoption of Encompass technology for banks of all sizes, with significant adoption from very large lenders. They recognize Encompass will not only improve the quality of their loans, but save them time and money as well. We are grateful that so many lenders have placed their trust in us, and we will continue doing everything we can to keep it.”

The Encompass all-in-one mortgage management solution allows banks, credit unions and mortgage lenders to originate and fund mortgages. The fully-integrated platform has built-in compliance and quality tools, including the Ellie Mae Total Quality Loan™ Program, that help lenders of all sizes create loans faster and more efficiently, while staying compliant with regulations and investor guidelines.

About Ellie Mae

Ellie Mae (NYSE:ELLI) is a leading provider of innovative on-demand software solutions and services for the residential mortgage industry. Ellie Mae’s all-in-one Encompass® mortgage management solution provides one system of record that allows banks, credit unions and mortgage lenders to originate and fund mortgages and improve compliance, loan quality and efficiency. Visit EllieMae.com or call 877.355.4362 to learn more.

PRESS CONTACTS

Warren Lutz
Strategic Vantage Marketing & Public Relations
(925) 899-9773
WarrenLutz@StrategicVantage.com

Mike Murray
Strategic Vantage Marketing & Public Relations
(240) 498-0863
MikeMurray@StrategicVantage.com

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