Industry Veteran Lisa Schreiber Joins Ellie Mae

New vice president of lender business development leverages expertise in quality initiatives for mega-lenders and correspondent investors

PLEASANTON, CA – SEPTEMBER 23, 2011 – Ellie Mae® (NYSE Amex: ELLI), a leading provider of automation solutions for the residential mortgage industry, announced today that it has appointed Lisa Schreiber as the company’s new vice president of lender business development.

As vice president of lender business development, Schreiber oversees the company’s efforts to build and maintain productive, collaborative relationships with mega-lenders and correspondent investors. Her first major undertaking with Ellie Mae is overseeing the implementation of the company’s TQL (Total Quality Loan) program by a top five mega-lender.

Ms. Schreiber has extensive experience helping both lenders and investors leverage technology as the foundation for their business initiatives. Her career includes over 15 years in senior-level positions with organizations such as Bank of America and American Home Mortgage/American Brokers Conduit. Ms. Schreiber played a key role in American Brokers Conduit’s significant production growth from 2002 to 2006, and championed the company’s use of technology to grow into a top ranking national lender.

“Lisa is a technology visionary and has a long track record of leveraging the solutions that take friction out of the mortgage process and ultimately drive quality throughout the supply chain,” said Jonathan Corr, chief strategy officer for Ellie Mae. “Her skills, insight and expertise in quality initiatives on the investor side align very well with our strategies for mega-lenders and correspondent investors at Ellie Mae. We’re very excited to have her on the team.”

In the past six years, Ms. Schreiber has spoken at conferences that include the MBA Technology Conference, Source Media Technology Conference, NAMB Conference and Strategic Equity Summit. She was a regularly featured speaker at ABC Advisor Series events from 2005 to 2007 and has authored articles that were published in National Mortgage News as well as Mortgage Banking, Mortgage Technology, Scotsman Guide and Broker magazines.

About Ellie Mae

Ellie Mae (NYSE Amex: ELLI) is a provider of automation solutions for the mortgage industry. The company's offerings include the Encompass® and Encompass360® mortgage management software systems. Ellie Mae hosts the Ellie Mae Network™ that allows mortgage professionals to conduct electronic business transactions with the lenders and settlement service providers they work with to process and fund loans. Ellie Mae was founded in 1997 and is based in Pleasanton, California. To learn more about Ellie Mae, visit www.EllieMae.com or call 877.355.4362.

© 2011 Ellie Mae, Inc. Ellie Mae®, Encompass®, Encompass360® and Ellie Mae Network™ are registered trademarks or trademarks of Ellie Mae, Inc. or its subsidiaries. All rights reserved. Other company and product names may be trademarks or copyrights of their respective owners.

PRESS CONTACT:

Jeri Yoshida
Strategic Vantage Marketing & Public Relations
(310) 396-8813
JeriYoshida@StrategicVantage.com

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