Ellie Mae (ELLI) has signed an agreement to acquire Mortgage Returns, a provider of on-demand customer relationship management and marketing automation solutions for the mortgage industry. Mortgage.
Ellie Mae President and CEO. mortgages in the United States and more than 26 million transactions annually. As a high-tech company with strong core values and an employee-first workplace, Ellie Mae.
Eagan-based AllRegs will be acquired for $30 million in cash in a recently announced deal. The publicly traded Ellie Mae Inc., based in Pleasanton, California, announced the acquisition late last.
Ellie Mae to Acquire AllRegs. The transaction is expected to close within 90 days and is subject to customary closing conditions. Under the terms of the agreement, Ellie Mae will acquire AllRegs for $30.0 million in cash, subject to certain purchase price adjustments, including for working capital.
Under the terms of the agreement, Ellie Mae will acquire AllRegs for $30 million in cash, subject to certain purchase price adjustments, including for working capital. The transaction is expected to close within 90 days.
Seeking to bolster its content and service offerings, software maker Ellie Mae has signed a definitive agreement to acquire housing data and analytics firm AllRegs for about $30 million. ‘AllRegs has built a strong reputation as the industry’s source for investor guidelines, compliance resources and education,’ says Sig Anderman, CEO of Ellie Mae, in a statement.
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As the industry continues to embrace digital mortgages, the 2019 borrower insights survey from Ellie Mae (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, found.
Ellie Mae is the leading cloud-based platform provider for the mortgage finance industry. Our technology solutions enable lenders to originate more loans, reduce origination costs, and shorten the time to close, all while ensuring the highest levels of compliance, quality and efficiency.
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The Ellie Mae survey also found that borrowers are increasingly going online to initiate contact with a lender. Among all borrowers, the most common means of first contact was online (34 percent),