In a decision rendered by U.S. District Judge Susan Illstion, Calyx Software, San Jose, Calif., has been given the OK to file a second amended complaint against Dublin, Calif.-based Ellie Mae alleging copyright infringement and unfair competition.According to Calyx, the amended complaint elaborates on its claim that Ellie Mae deliberately copied Calyx's Point product when creating screens for its Encompass program in an attempt to attract Calyx users. The amended complaint also accuses Ellie Mae of unfair advertising in marketing its Encompass offering. The court said that Calyx "had sufficiently pled that the screen displays in its software had acquired distinctiveness and that Calyx had sufficiently met the distinctiveness requirement for a trade dress cause of action." Calyx started the suit back in May when it alleged that Ellie Mae had perpetrated copyright infringement, false designation of origin, and violations of the California Unfair Competition laws. The case was filed in the Northern District of California. Ellie Mae could not be reached for comment by MortgageWire's deadline.
-
The founder who was recently ousted as CEO said he wants to return the company to its positive trajectory, after last week's shakeup battered its stock price.
6h ago -
The lender won its motion for summary judgment just about two months after the court denied a plaintiff's attempt to certify a class of over 50,000 consumers.
August 13 -
While delinquencies eased overall quarter to quarter, they trended upward on a yearly basis across all loan types, the Mortgage Bankers Association said.
August 13 -
The seller surplus was a result of sluggish demand as opposed to increased supply. The 30-year fixed-rate mortgage rose every week in July to 6.66%.
August 13 -
More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
August 13 -
For the first time in six weeks, the 30-year fixed rate mortgage dropped, with observers expecting a steady but challenging housing market for the rest of 2026.
August 13









