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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In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.
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The consumer price index ticked up last month, bolstering arguments about broad-based inflation and raising the odds of a rate hike next month.
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The banking regulator is in early discussions with trade groups to build an organization for certifying tech providers that pass voluntary due diligence checks.
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The ex-worker who was terminated for unprofessional conduct has allegedly disparaged the brokerage and is refusing to return loan files and leads.
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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
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Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
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