Ellie Mae Hires EVP of Lender Unit

Jerome "Jerry" Selitto, the founder of DeepGreen Bank, has been named executive vice president of the Lender Division of Ellie Mae, a provider of software and services for the mortgage industry based in Dublin, Calif.The company said Mr. Selitto will focus on expanding Ellie Mae's Dynamic Loan Screening, which matches lenders with attractive loan applications as data are entered into a loan origination system. Most recently chief executive officer of DeepGreen, he was previously vice chairman of Amerin Guaranty (now Radian Guaranty), where he was also the CEO of a joint enterprise called CrossNet that focused on creating a platform to link borrowers with financial institutions. Ellie Mae can be found online at http://www.elliemae.com.