Ellie Mae to acquire AllRegs for $30 million

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The team at Velocify has built the leading software solution for consumer sales engagement during the early stages of the sales process. By joining forces with Ellie Mae we are very excited to extend that capability throughout the consumer buying cycle." Under the terms of the agreement, Ellie Mae will acquire Velocify for $128 million in cash.

The Ellie Mae survey also found that borrowers are increasingly going online to initiate contact with a lender. Among all borrowers, the most common means of first contact was online (34 percent),

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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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Encompass Bootcamp 04 12 17 Homebuilders tend to adhere to similar business models: acquire large plots. age of a first-time home buyer is 30-34 years old, depending on the region and current economic conditions. There will.

 · Technology provider Ellie Mae announced the release of a new AllRegs Online, its new user experience and source for regulatory and investor information.. The company explained that the new AllRegs Online offering includes an updated and modernized interface, several new features, and now features tablet compatibility.

Ellie Mae to Acquire Velocify.. Ellie Mae will acquire Velocify for $128 million in cash.. AllRegs, the Ellie Mae logo and other trademarks or service marks of Ellie Mae, Inc. appearing.

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 .

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.

By Steve Randall Residential mortgage software company Ellie Mae has announced that it has signed a deal to acquire AllRegs, a leading supplier of information to the mortgage industry.