Ellie Mae, Dublin, Calif., has launched a banker division in response to the introduction of Encompass Banker Edition.The new division will focus exclusively on Ellie Mae's banker and lender clients and partners. Ellie Mae's client base includes over 3,000 mortgage bankers, according to the company. Encompass Banker Edition has already been adopted by two dozen companies since its launch in late October 2006, Ellie Mae reported. Jeff Benjamin, the company's director of sales, has become vice president of the newly created division and will report to Joe Langner, Ellie Mae's chief operating officer. Mr. Benjamin will focus on business development efforts among wholesale lenders and bankers -- including the promotion of Encompass Banker Edition and Encompass Custom Edition -- as well as the company's full range of connectivity solutions for the wholesale banking community. The company can be found on the Web at http://www.elliemae.com.
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CrossCountry increased its agreed-to offer for the real estate investment trust by 50 cents per share, as UWM Holdings made an unsolicited bid on April 20.
7h ago -
The former Wall Street player blamed its decline on rising interest rates, trouble at its lending subsidiary, and debt stemming from the Great Financial Crisis.
8h ago -
The Federal Open Market Committee's April meeting — likely Federal Reserve Chair Jerome Powell's last — is unanimously expected to keep interest rates steady, but questions about energy, inflation and the upcoming transition in leadership still loom.
11h ago -
Jonathan Corr, the former CEO of Ellie Mae, is one of six new members of MeridianLink's board, added following its acquisition by Centerbridge Partners.
11h ago -
Newrez expects significant expense reductions from AI partnerships with HomeVision and Valon, as executives rule out mergers and a Rithm spinoff amid strong Q1 earnings.
April 28 -
More than half of the major metropolitan markets in the United States posted year-over-year price declines in February, according to a new report.
April 28







