Continuing its full-court press for dominance in broker point-of-sale systems, Ellie Mae has reported hiring away top sales executive Robert Madsen from Calyx Software.According to Ellie Mae, Mr. Madsen added over 12,000 Calyx Point licensees during his tenure at Calyx. He will head new-customer acquisition efforts for Ellie Mae's Encompass platform, which specifically targets the recruiting of Point users. Mr. Madsen has more than 25 years of senior sales and training management experience, 12 of them at Calyx, according to the company. Encompass was introduced in October 2003 as an enterprise-level Web-based alternative to existing broker POS systems. Ellie Mae can be found online at http://www.elliemae.com.
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Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Economic uncertainty and higher rates in May contributed to the second decline in applications for new homes on an annual basis, reversing March gains
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