Ellie Mae

Ellie Mae, Inc.
Company typeSubsidiary
IndustryTechnology – Application Software
Founded1997; 27 years ago (1997)
FateAcquired by Intercontinental Exchange
HeadquartersPleasanton, California, U.S.
Key people
Joe Tyrrell
(President)
ServicesAutomated solutions for the residential mortgage industry
RevenueIncrease US$417.04 million (2017)
Decrease US$42.14 million (2017)
Increase US$52.85 million (2017)
Total assetsIncrease US$831.61 million (2017)
Total equityIncrease US$735.34 million (2017)
OwnerIntercontinental Exchange
Number of employees
approx. 1,750 (2020)
WebsiteICEMortgageTechnology.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] and specializes in originating and funding new mortgage loans and facilitating regulatory compliance. The company is headquartered in Pleasanton, California.[4]

  1. ^ 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.
  2. ^ Howley, Kathleen (October 30, 2014). "Ellie Mae Soars 44% as Home Lenders Embrace E-Signatures". Bloomberg.com. Retrieved May 22, 2015.
  3. ^ "Business Summary".
  4. ^ Staff. "Ellie Mae". Forbes.com. Retrieved May 22, 2015.