Ellie Mae Announces Encompass® WebCenter, a Next-Generation Web Site For Mortgage Originators

WebCenter offers real-time two-way communication between a web site and Encompass

Dublin, CA—March 6, 2007—Ellie Mae, an award-winning provider of innovative software and services for the mortgage industry, has announced Encompass WebCenter, a next-generation web site that links mortgage originators with borrowers, Realtors and other partners by enabling two-way web-based communication for all aspects of the loan process, including individual loan inquiries, requests and status updates.

Encompass WebCenter serves as an information source for borrowers by securely relaying pertinent loan data straight from the originator's Encompass mortgage automation system, while also functioning as a marketing tool for the originator and broker by providing a borrower—and Realtor-centric informational web presence. WebCenter is easy to use, can be customized with the originator's look and branding, and with the Setup Wizard, a web site can be set up in as little as 15 minutes.

Designed to further expand the reach of brokers and originators, Encompass WebCenter gives users a professional, interactive web presence, and allows borrowers to submit loan applications and access their loan information straight from any Internet-connected computer. Through Encompass WebCenter, originators and brokers can also enhance lead generation and offer borrowers the opportunity to check loan status, request documents, receive electronic disclosures and provide electronic signatures, all online.

"Encompass WebCenter is a natural extension of Encompass," explains Jonathan Corr, Ellie Mae's chief strategy officer. "It's a way of expanding the power of the system to include the borrower's needs and input. We recognized that the industry could benefit from a solution that went beyond the traditional parameters of today's mortgage-related websites. The Encompass WebCenter fulfills that need by connecting directly into the Encompass mortgage automation system so borrowers can get information on their loan status at any hour of the day without having to contact the originator, and originators can receive borrower-entered data transferred directly into their Encompass systems without being actively involved."

Integrating seamlessly with the Encompass mortgage automation system, Encompass WebCenter is a powerful lead generation and capture tool that not only automatically flows information and leads into the Encompass system, but also offers an easy to use online 1003 that allows borrowers to apply for loans from their own computers. It also provides online status directly from Encompass that enables borrowers to access details about active loan applications without having to contact the originator. The seamlessly integrated aspects of the Encompass eFolder allow borrowers to securely retrieve and send electronic documents right from within the Encompass WebCenter.

"We designed Encompass WebCenter knowing that we'd have to go way beyond the status quo," explains Corr. "It wasn't enough for us to simply make the system as easy or visually appealing as the rest of the market. We really raised the bar by bringing simplicity, ease of use and visual appeal to a whole new level-plus it's completely integrated to Encompass. As with all our products, we listened to our clients and strived to deliver them a "wow" experience."

Encompass WebCenter will be released with the next version of Encompass, Encompass 3.0, in the second quarter of 2007.

About Ellie Mae, Inc.
Ellie Mae, an award-winning provider of software and services for the mortgage industry, offers a comprehensive line of loan origination solutions including the company's flagship Encompass® Mortgage Automation System, as well as Contour™ The Loan Handler® and Genesis 2000®. Ellie Mae's loan origination solutions are used by over 50 percent of the nation's estimated 50,000 mortgage originators. Encompass is deployed by over half of the nation's top 250 brokerages, including seven of the top ten. Integrated in these loan origination systems is Ellie Mae's ePASS Network, the industry's most-used online transaction platform, processing over one third of the nation's $3 trillion in loans. Winner of the 2007 Mortgage Technology Synergy Award for enabling seamless end-to-end e-commerce, the ePASS Network enables mortgage companies to easily do business online with dozens of leading lenders and thousands of settlement service providers. Ellie Mae is based in Dublin, California, and can be found online at www.elliemae.com or by phone at (888) 955-9100.

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Ellie Mae, Encompass, ePASS, and Genesis 2000 are registered trademarks, and Contour, Executive Websites, and Ellie Mae Docs are trademarks, of Ellie Mae, Inc. All rights reserved.