The mortgage software tech company Ellie Mae reported net earnings of $4.1 million for this past quarter on the strength of its loan origination system software.

Revenue from sales of its Encompass software grew 27% from the same period last year, to $26.5 million. This constituted about 65% of the company's total revenue for the quarter.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry