Ellie Mae to acquire AllRegs for $30 million

It also includes enhanced trade management purchase advice workflows to help correspondent investors acquire. Mae, Inc. Ellie Mae®, Encompass®, AllRegs. Second Quarter ended june 30, 2019.

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Ellie Mae, Inc. is a software company that processes 35% of U.S. mortgage applications. The services are based on a software as a service model (SaaS) [2] that streamlines and automates the process of originating and funding new mortgage loans and facilitating regulatory compliance .

Richard Triplett, CMB, is Senior Director of Compliance for Ellie Mae. His primary responsibility is to manage regulatory compliance for Ellie Mae products, including AllRegs Online. Richard’s 34 years of experience includes: origination, processing, underwriting, underwriting management,

Ellie Mae (ELLI) just announced that it has reached a definitive agreement to acquire AllRegs for $30 million in cash, subject to certain purchase price adjustments, including for working capital.

Cloud-based platform Ellie Mae CEO on how his company is disrupting the mortgage and housing industr  · Ellie Mae® , the leading cloud-based platform provider for the mortgage finance industry, today announced the 2019 Ellie Mae Hall of Fame award winners and.

Ellie Mae to acquire AllRegs for million; mba: mortgage applications fall again, decrease 1.3%; Freddie Mac Will Buy Out 120-Day Delinquent Mortgages; Servicers embrace digital empowerment to boost customer retention; What to watch out for in the 2014 MBS market; Categories. Home Loans; Archives. July 2019; June 2019; May 2019

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.

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The Ellie Mae Classic will contribute $25,000 to Opens Doors, and Ellie Mae will match donations up to $25,000. Opens Doors provides rental and mortgage payment assistance to families with critically ill children, allowing parents and guardians to be by a child’s side during treatment, without fear of jeopardizing their home.

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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.

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