Ellie Mae

Ellie Mae

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Who We are

Ellie Mae (NYSE:ELLI) is the leading cloud-based platform for the mortgage finance industry. Ellie Mae’s technology solutions enable lenders to originate more loans, reduce origination costs, and shorten the time to close, all while ensuring the highest levels of compliance, quality and efficiency.

Four Questions for Ellie Mae:

What Makes Your Product Great?

Only a few decades ago, it was possible to get a home mortgage with little more than good credit and a handshake. For most homebuyers, the process was simple and direct and getting the keys to their new home was a positive experience, indicative of achieving the American dream.

Due to ever-increasing regulations, enacted in response to the financial meltdown, the mortgage business fundamentally changed, and the process of getting and originating a home mortgage has become a lot more complicated, costly and stressful. For lenders, the continuously changing regulations mean more scrutiny, more paper and more time ensuring compliance. The total cost of originating a loan has skyrocketed, putting more pressure on lenders while squeezing their profit margins.

And for homebuyers, the process hasn’t been much better. Endless paperwork and signatures, poor visibility into where they are in the process, the stress of making one of the largest purchases in one’s life.

Couple this with a new generation of homebuyers, 79 million potential millennial customers entering the market for the first time. This generation is more diverse and better educated than ever before. They also have unprecedented access to information and expect services to be high tech AND human touch. While they’ll conduct the bulk of their research online, they still desire human interaction at critical points in the home-buying process.

While millennials are crossing the threshold to homeownership, the power of baby boomers and generation Xers can’t be overlooked. More than 48 million American households are headed by someone 55 or older. That’s about 42% of homes nationwide.

These homebuyers share one thing. They don’t dream about a mortgage. They dream about a home.

Enter Ellie Mae’s cloud-based platform for the mortgage finance industry. Our technology solutions help lenders originate more loans, lower origination costs and shorten the time to close. Our solutions are innovative so lenders can deliver the high-tech service with the human touch homebuyers expect with the efficiency, quality and compliance synonymous with the Ellie Mae name. Our platform connects a community of partners and developers who can innovate, extend, integrate and build new capabilities in the cloud. And our technology is delivered by passionate employees focused on customer success and innovation, so lenders can unlock new doors and deliver the American Dream of homeownership.

Our goals are simple:
  • To help fund more loans through a better consumer engagement model and greater service differentiation.
  • To help lower costs of origination by removing friction from the process and introducing technology to gain efficicies.
  • To help close loans faster, whenever and wherever.
  • To give our connected community the ability to participate in the innovation.
  • And to help lenders make better decisions faster, using data and insights.

Ellie Mae is the technology powering the American Dream.

What Key Challenge Does It Solve?

Helps lenders of all sizes fund more loans through a better consumer engagement model and greater service differentiation. Helps lower costs of origination by removing friction from the process and introducing technology to gain efficiencies. Helps close loans faster, whenever and wherever. Helps lenders make better decisions, using data and insights.

Best Success Story?

Academy Mortgage experienced improved efficiency and loan quality, more effective pipeline management, improved customer experience and complete compliance thanks to their use of Ellie Mae's Encompass, all-in-one mortgage management solution. Dan Richards, EVP of Technology at Academy Mortgage said, "We're very excited about having the ability to build experiences on top of Encompass. Because it is so customizable, we can apply some of the best practices customers are coming to expect in this industry, basaed on their interaction with the Facebooks and Googles of the world, to shape what we believe that borrower experience should be."

What Is Your Company Or Product Mantra, In 5 Words Or Less?

Technology Powering the American Dream


  • Jonas Moe, Senior Vice President, Market Strategy, Ellie Mae
  • Jan Hawley, Vice President, Product Marketing, Ellie Mae

Key Executives

  • Jonathan Corr, President and CEO
  • Matt LaVay, CFO
  • Cathleen Schreiner Gates, EVP, Sales and Marketing
  • Pete Hirsch, EVP, Technology and Operations
  • Joe Tyrrell, EVP, Corporate Strategy
  • Melanie Simpson, EVP, Human Resources
  • Brian Brown, General Counsel