Ellie Mae Named Winner of Tech & Innovation Award
San Francisco Business Times recognizes Ellie Mae in Enterprise category for its Encompass all-in-one mortgage management solution
PLEASANTON, CA – May 28, 2015 – Ellie Mae® (NYSE: ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, has been honored with a Tech & Innovation Award by the San Francisco Business Times. Ellie Mae was recognized in the awards’ Enterprise category for Encompass, its software-as-a-service (SaaS) all-in-one mortgage management solution that enables banks, credit unions and mortgage lenders to create and fund mortgages, and improve compliance, loan quality and efficiency.
The San Francisco Business Times Tech & Innovation Awards recognizes the San Francisco Bay Area's most innovative and enterprising technology companies and entrepreneurs. Out of 300 nominations, 26 winners were selected, including Salesforce, Pandora, Hired and Walmart Global E-Commerce.
An enterprise SaaS solution, Encompass automates the mortgage process for mortgage lenders, handling everything related to loan production including marketing, loan origination, processing, underwriting, closing and funding, and post-closing and shipping. Encompass is used by more than 120,000 mortgage professionals and thousands of mortgage companies, including six of the 20 largest U.S. mortgage lenders.
“As far as technology and innovation is concerned, the Bay Area is a world leader, so this award is indeed an honor,” said Ellie Mae President and CEO Jonathan Corr. “We believe this recognition reflects both our growth and our success at attracting many of the Bay Area’s best technology talent, who have played a huge role developing solutions to meet the mortgage industry’s most pressing challenges.”
Awards were presented May 19 at the San Francisco Business Times' annual Tech & Innovation Awards dinner in San Francisco.
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 Encompass® all-in-one 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.
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