Ellie Mae Partners with ReallyGreatRate to Provide More Lead Sources to Encompass Loan Origination Software Users
Subscribers can access and download leads straight into their Encompass systems
DUBLIN, CA—April 5, 2007—Ellie Mae, an award-winning provider of innovative software and services for the mortgage industry, has partnered with ReallyGreatRate, Inc., an online lead provider for mortgage professionals. The partnership was formed to give Encompass subscribers a convenient, fast and easy way to augment their lead sources in a cooling, transitional mortgage market.
"Our goal is to offer great lead options to our rapidly growing base of Encompass users," states Chris Backe, manager of partner alliances for Ellie Mae. "With Encompass, users don't have to leave their loan origination system to acquire and leverage high quality leads."
The leads from ReallyGreatRate are purchased by Encompass subscribers on a per-lead basis. Subscribers simply go into the Encompass Lead Center, select the leads they would like to purchase based on information such as loan amount, location, loan to value, and type of dwelling, which then download directly into Encompass.
ReallyGreatRate generates 400 to 500 leads per day from its websites. All leads undergo quality control measures to determine their validity, so the incidence of fictitious or inaccurate information is reduced. "This partnership is a great opportunity for us to not only expand our lead distribution and content, but also educate Encompass users on how leads can help them to build their businesses, especially in slower or transitional markets," explains Matt Schaub, president of ReallyGreatRate.
"We're very excited about our partnership with ReallyGreatRate," adds Backe. "Their dedication to providing a great customer experience aligns well with the service we strive to provide to our clients. We anticipate a long, productive partnership."
Ellie Mae has been named one of the fastest growing private companies for three years in a row, and has more than 160,000 subscribers who use the Encompass® Mortgage Automation System, the company's flagship product. By forging alliances with the top names in the mortgage industry, Ellie Mae continues to provide its clients with products and services that continually raise the industry standard.
About Ellie Mae, Inc.
Ellie Mae, an award-winning provider of software and services for the mortgage industry, offers a comprehensive line of loan origination solutions including the company's flagship Encompass® Mortgage Automation System, as well as Contour™ The Loan Handler® and Genesis 2000®. Ellie Mae's loan origination solutions are used by over 50 percent of the nation's estimated 50,000 mortgage originators. Encompass is deployed by over half of the nation's top 250 brokerages, including seven of the top ten. Integrated in these loan origination systems is Ellie Mae's ePASS Network, the industry's most-used online transaction platform, processing over one third of the nation's $3 trillion in loans. Winner of the 2007 Mortgage Technology Synergy Award for enabling seamless end-to-end e-commerce, the ePASS Network enables mortgage companies to easily do business online with dozens of leading lenders and thousands of settlement service providers. Ellie Mae is based in Dublin, California, and can be found online at www.elliemae.com or by phone at (888) 955-9100.
ReallyGreatRate, Inc. is an online financial lead generator for mortgage professionals. Founded in 2004, the company guiding mission was to give every consumer the speed and convenience of online loan service, while providing the most personalized financial solutions available. ReallyGreatRate has grown to offer the widest variety of mortgage, refinance, student loan and debt consolidation options for borrowers. ReallyGreatRate produces 400 to 500 leads per day from its websites, providing real time, quality assured leads to mortgage professionals. ReallyGreatRate is based in Redondo Beach, California and can be found online at www.reallygreatrate.com or by phone at (310) 540-8222.
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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