- During the initial installation of Encompass360, the Ellie Mae Network company password is created by the system administrator and is used to prevent unauthorized access to the Loan Mailbox and any electronic service providers. Use the Ellie Mae Network Company Password feature when you need to make subsequent changes to the password.
- Encompass360 administration experience for lenders with 1600+ users fueled the opportunity to create Command360 from an powerful perspective. The philosophy for Command360 is “Run on Day One.” This management system began as a simple plugin.
Ellie Mae Encompass Product and Pricing Service - Sophisticated Pricing Solutions for Lenders Mortgage Pricing Systems has become part of Ellie Mae, Inc., makers of Encompass360 Please enter your User ID and Password. Then press the login button. With the help of Capterra, learn about Encompass, its features, pricing information, popular comparisons to other Loan Origination products and more. Still not sure about Encompass? Check out alternatives and read real reviews from real users.
Online Accessibility
In order to provide excellent service to all of our customers, including those with disabilities, Encompass strives to provide an accessible website experience for users of all abilities. Encompass has developed our website with accessibility in mind. Our improvements are guided by relevant portions of the Web Content Accessibility Guidelines 2.0, Level AA and other recommendations. We have included accessibility features such as: navigability without use of a keyboard, text alternatives for non-text content, and assigned language for web pages. We are always working to improve our website and test our website periodically using automated tools and assistive technology.
If you have questions or concerns about the accessibility of our website, please contact us by sending an email to MyENC@encompassins.com or calling us at 1-800-897-9678. Please provide specific details about the accessibility issue, including the web address that may have caused challenges.
Reasonable Accommodations
Individuals who need a reasonable accommodation to access Encompass products and services can make a request via email to MyENC@encompassins.com or by calling 1-800-897-9678. Be sure to include contact information such as an email address or telephone number where you can be reached. Depending on the request, Encompass may need sufficient notice to provide a reasonable accommodation.
Third-Party Websites
The Encompass website contains links to websites hosted by third parties. Encompass does not make claims regarding the accessibility of third-party websites and is not able to make accommodations on such websites.
Feedback
We are always working to ensure that our products and services are accessible to users of all abilities. If you have a suggestion or question about accessibility of services at Encompass, please contact 1-800-897-9678 or MyENC@encompassins.com.
Type | Private |
---|---|
Industry | Technology – Application Software |
Founded | 1997; 24 years ago |
Headquarters | Pleasanton, California, U.S. |
Joe Tyrrell (President) | |
Services | Automated solutions for the residential mortgage industry |
Revenue | US$417.04 million (2017) |
US$42.14 million (2017) | |
US$52.85 million (2017) | |
Total assets | US$831.61 million (2017) |
Total equity | US$735.34 million (2017) |
Owner | Intercontinental Exchange |
Number of employees | approx. 1,750 (2020) |
Website | ICEMortgageTechnology.com |
Ellie Mae Inc., originally named Electronic Mortgage Affiliates,[1] is a software company that processes 35% of U.S. mortgage applications.[2] The services are based on a software as a service model (SaaS)[3] that streamlines and automates the process of originating and funding new mortgage loans and facilitating regulatory compliance. The company was founded in 1997 by Limin Hu and Sigmund Anderman, and is headquartered in Pleasanton, California.[4]
In September 2020, financial services company Intercontinental Exchange acquired Ellie Mae for approximately $11 billion.[5]
History[edit]
Ellie Mae was founded in 1997 by Limin Hu and Sigmund Anderman.[4]
In 2009, Ellie Mae was accused by DocMagic, a competitor, of violating antitrust and intellectual property laws around actions taken when the vendor agreement between the two companies expired. The two companies settled the lawsuit after three years of litigation.[6]
In September 2003, Ellie Mae introduced the updated mortgage-management system Encompass360 to help underwriters comply with the latest federal mortgage rules in beginning in 2014. This system features debt-to-income calculators, discount assessment, and tools for evaluating a given loan's quality.[7]
Encompass 360 Pdf
In January 2014, Ellie Mae finally completed the acquisition of MortgageCEO (focusing on CRM).[8] Also in January 2014, Ellie Mae completed the acquisition of ARG Interactive, LLC.[9] Ellie Mae made its initial public offering in 2011, valued at approximately $122 million.[10] In 2008 Ellie Mae acquired the assets of Online Document Systems Inc. from Stewart Lender Services Inc. Since 2008 it has acquired Mavent Inc. (2009), Del Mar DataTrac (2011),[11] Mortgage Pricing Systems (2011), MortgageCEO (2014),[12] AllRegs, an Eagan, Minnesota-based information provider for the mortgage industry (2014),[13][14] ARG Interactive (2014),[15] MortgageReturns (2015), Velocify (2017), Docvelocity (2019) and Capsilon (2019)[16]
In April 2019, Ellie Mae was acquired by Thoma Bravo, LLC, a private equity investment firm, in an all-cash transaction that valued Ellie Mae at an aggregate equity value of approximately $3.7 billion. The acquisition was announced on February 12, 2019 and closed on April 17, 2019.
In August 2020, Intercontinental Exchange announced that it had entered into a definitive agreement to acquire Ellie Mae for approximately $11 billion.[17] The transaction completed successfully in September 2020 after regulatory approval.[18]
Products and services[edit]
The company's Ellie Mae Network connects mortgage lenders, investors, and service providers. Its Encompass product combines loan origination, business management, and customer relationship management. Encompass components include the following:
- the Ellie Mae TQL Services tool (used within Encompass for fraud detection, valuation, and risk analysis)
- Encompass CenterWise (a bundled offering of Encompass WebCenter and Encompass Enterprise Document Management (EDM))
- Encompass WebCenter (providing professional websites)
- Encompass TPO WebCenter (web-based extension of Encompass for third-party originators)
- Encompass Docs Solution
- Encompass Compliance Service
- Encompass Product and Pricing Service
- Encompass 4506-T Service (tax transcript services).[19]
Encompass 360 Mortgage
References[edit]
- ^Pender, Kathleen (June 20, 2015). 'Ellie Mae thrives on mortgage regulation'. San Francisco Chronicle. Retrieved August 12, 2020.
The company ... was founded as Electronic Mortgage Affiliates, but changed its name to Ellie Mae at a time when Fannie Mae was one of the nation's most admired companies.
CS1 maint: discouraged parameter (link) - ^Howley, Kathleen (October 30, 2014). 'Ellie Mae Soars 44% as Home Lenders Embrace E-Signatures'. Bloomberg.com. Retrieved May 22, 2015.CS1 maint: discouraged parameter (link)
- ^'Business Summary'.
- ^ abStaff. 'Ellie Mae'. Forbes.com. Retrieved May 22, 2015.CS1 maint: discouraged parameter (link)
- ^'With $11B Ellie Mae deal finalized, ICE prepares to unleash a 'fully digital mortgage ecosystem''. HousingWire.com. Sep 4, 2020.
- ^Kilgore, Austin (October 10, 2012). 'DocMagic, Ellie Mae Settle Lawsuit'. Retrieved May 22, 2015.CS1 maint: discouraged parameter (link)
- ^'Ellie Mae to Update Mortgage Platform for New Mortgage Rules'.
- ^'Ellie Mae finalizes MortgageCEO acquisition'.
- ^'Company Description'.
- ^Kilgore, Austin (April 15, 2011). 'Ellie Starts Trading on NYSE'. American Banker. Retrieved October 2, 2020.CS1 maint: discouraged parameter (link)
- ^'Ellie Mae acquires Del Mar DataTrac'. Business Wire. August 15, 2011. Retrieved July 13, 2020.
- ^'Ellie Mae Completes MortgageCEO Acquisition'. Business Wire. January 15, 2014. Retrieved April 30, 2020.
- ^'Ellie Mae Set to Acquire AllRegs'. August 7, 2014.
- ^'Eagan-Based Mortgage Info Provider Sold for $30M'.
- ^'Ellie Mae Completes Acquisition of MortgageCEO'. Benzinga. January 15, 2014. Retrieved July 13, 2020.
- ^'Ellie Mae to Acquire Capsilon to Deliver End-to-End Mortgage Automation'. Business Wire. October 28, 2019. Retrieved April 30, 2020.
- ^'NYSE-owner ICE to buy Ellie Mae in $11 billion deal'. Nasdaq.com. August 6, 2020.
- ^'With $11B Ellie Mae deal finalized, ICE prepares to unleash a 'fully digital mortgage ecosystem''. HousingWire.com. Sep 4, 2020.
- ^'Company Full Description'.
External links[edit]
Encompass 360 Pricing Login
- Historical business data for Ellie Mae, Inc.: