Ellie Mae

  www.elliemae.com
  www.elliemae.com

Ellie Mae – Why Work For Us?

Ellie Mae

At Ellie Mae, we’ve been changing what’s possible in the mortgage business since 1997. And while the industry has changed, our mission to automate mortgages so lenders can achieve compliance, quality and efficiency hasn’t. Nor will it. 
 
We serve banks, credit unions and mortgage companies of all sizes. We’re committed to our clients. We’re committed to the mortgage business. And we’re committed to innovating how mortgage professionals work, and work together, to originate, process and close high-quality, compliant loans.

Compliance

Comply with confidence no matter what regulators throw at you.

One loan can be subject to hundreds of regulations—a burden for even the most well-staffed compliance team. Automate compliance with technology supported and maintained by Ellie Mae’sindustry-recognized compliance counsel and experts.

  • Automatically review loans for potential ATR/QM, HOEPA, HMDA, FHA, TILA and NMLS violations.
  • Receive instant alerts to RESPA, MDIA, HUD and LO Compensation concerns.
  • Correct mistakes before they jeopardize closing dates or profit margins.
 
Quality

Originate higher-quality, more profitable loans faster.

Loan quality. Investors demand it, and you’re on the hook to deliver. Meet today’s heightened quality demands with ease using the best-practice workflow provided by our Total Quality Loan™ (TQL) program in Encompass:

  • Produce higher-quality, compliant loans that investors can buy with confidence.
  • Quickly get your loans purchased and off your warehouse line.
  • Easily export proof of ATR/QM compliance to investors or for audit purposes
Efficiency

Work quickly, work correctly and close loans faster than ever.

With origination costs now eclipsing $6,000 per loan according to the MBA, high efficiency is the key to staying productive and competitive. A Forrester Consulting study revealed that lenders using Encompass achieved:

  • 57 percent ROI in 2.9 months.
  • Savings of $231 per loan on average.
  • $75,000 in potential compliance costs.

Are you smart, passionate and ready to bring your innovative ideas to life? Check out our job openings. We’re looking for people with all sorts of skills and expertise.

This year, we’re turning up the heat and getting ready to take on the challenges that 2015 is bringing to the mortgage industry. And, we’re not kidding around. More than 70 engineers and IT professionals will join our team this year alone, and you could be one of them.

INNOVATION, PASSIONATE AND FULFILLING

It doesn’t take long to understand why Forbes Magazine named Ellie Mae one of the top 100 places to work in 2013.

The passion: At Ellie Mae, we’re passionate about everything we do and are laser-focused on automating the mortgage industry.

The culture: Creative and caring? Open and honest? Respectful of your work-life balance? That’s Ellie Mae.

The benefits: All full-time employees receive stock options, generous PTO, annual performance-based bonuses and pre-tax dependent care and healthcare accounts, on top of full medical, dental and vision insurance.

The growth opportunities: We support on-going learning by providing a variety of resources ranging from online self-guided courses to external courses and conferences. Tuition reimbursement is also available.

Ellie Mae Reviews

22 Reviews
3.3
22 Reviews
Rating Trends

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Ellie Mae President, CEO, and Director Sigmund (Sig) Anderman
Sigmund (Sig) Anderman
17 Ratings
  1. 1 person found this helpful  

    Undercover Racist structure

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Ellie Mae

    Pros

    Sig is an effective businessman. He has vision and is really personable. He has tried to create a happy environment of effective management.

    Cons

    It has a family feel to it,yet if you look around... anybody with a keen eye will notice that they only care about the profit of the mortgage business. 90% of the managers are under extreme pressure to fake the progress with a smile and some snacks. It feels much like an assembly line plant. They will feed you and work you into a comma! There is only whites,asians,and Indians in high paid positions. The only black people there are in low level positions and they get treated terribly. They encourage all to write reviews to appear like it is the best place to work every year, ha...it is far from it, unless you are White or Chinese. The rest get treated like slaves. Nobody will tell you the truth working there...due to the threats they would receive from their Slave master managers. Ive seen many people come for interviews and always get turned away and the white managers make racist comments about why they didn't get the job. All lies to the public and nobody has the guts to be honest about it,chances are you are you are working under a white boss.

Ellie Mae Interviews

Updated 20 Aug 2014
Updated 20 Aug 2014

Interview Experience

Interview Experience

40%
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Getting an Interview

Getting an Interview

61%
22%
8%

Interview Difficulty

3.4
Average

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    Technology Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied online – interviewed at Ellie Mae.

    Interview Details

    Very professional fair and reasanable. was called whithin days, had phone interview followed by in personinterview with the team as well as the managers, had feedback very soon and received the offer in a timely manner.

    Negotiation Details
    Very resanable.
    Accepted Offer
    Positive Experience
    Average Interview

Ellie Mae Awards and Accolades

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Additional Info

Website www.elliemae.com
Headquarters Pleasanton, CA
Size 500 to 999 Employees
Founded 1998
Type Company - Public (ELLI)
Industry Information Technology
Revenue ₹10 to ₹50 billion (INR) per year

Ellie Mae® is a leading provider of enterprise level, on-demand automated solutions for the residential mortgage industry. We offer Encompass®, an end-to-end solution, delivered using a Software-as-a-Service (SaaS) model that serves as the core operating system for mortgage originators. Encompass spans customer relationship management, loan origination and business management.

We also host the Ellie Mae Network, an integrated network that allows mortgage professionals to conduct electronic business transactions with the mortgage lenders and settlement service providers... More

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