Ellie Mae, the mortgage technology vendor, confirmed late Tuesday that its recent outages, which have forced lenders to delay loan closings, resulted from a flood of service requests "characteristic of a distributed denial of service" attack.

The Pleasanton, Calif., company said it found no evidence of a data breach and that borrowers' personal data "remain secure." Ellie Mae "has taken actions to isolate the suspicious activity and prevent future unwarranted access," and continues to work on restoring full service for users of Encompass, its loan origination system.

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