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FoxForce5contest (< 20)




August 03, 2013 – Comments (5) | RELATED TICKERS: ELLI

Greetings my fellow Foxies and welcome to a very rare-

I'm filled up by the tamales I bought for lunch, (farmers market,mmn,mmn good)  but have foregone a nap to write yet another journal.

Our featured stock is Elli Mae picked by EnigmaDude with a start price of $25.27.

WOW! would you look at the peaks and valleys on her-

That gives the dude wrapped in a mystery a nifty stock gain of +10.80%

Business Summary 

Ellie Mae, Inc. and its subsidiaries provide business automation software for the mortgage industry in the United States. Its on-demand technology-enabled software solutions automate the process of originating and funding mortgage loans, facilitating regulatory compliance, and reducing documentation errors. The company provides Encompass, a proprietary software product that combines loan origination, business management, and customer relationship management software for mortgage originators, as well as provides access to the lenders and service providers on the Ellie Mae Network. Mortgage originators use Encompass as a single tool for loan processing, marketing, and customer communication, as well as to interact electronically with lenders, investors, and service providers over the Ellie Mae Network. The company’s Ellie Mae Network electronically connects mortgage professionals to the mortgage lenders, investors, and service providers integral to the origination and funding of residential mortgages. In addition, its Encompass services comprise Encompass Docs Solution, which automatically prepares the disclosure and closing documents necessary to fund a mortgage; CenterWise, a bundled offering of electronic document management and Websites used for customer relationship management; TQL that offers a suite of fraud detection, valuation, validation, and risk analysis services tailored to individual aggregator/investor requirements; Encompass Compliance Service, which automatically checks for regulatory compliance throughout the origination process; tax transcript services that offer income verification capability to the customers; and Encompass Product and Pricing Service, which allows Encompass users to compare loans offered by various lenders and investors to determine the product and price available to a particular borrower. It offers its products through a direct sales force. Ellie Mae, Inc. was founded in 1997 and is headquartered in Pleasanton, California.

Key Statistics

Company Websites 

Home Page

O.k you really don't want to hear what I have to say about the mortgage industry, it would just lead to a profanity laced rant.

So I just say-



5 Comments – Post Your Own

#1) On August 03, 2013 at 3:44 PM, HarryCaraysGhost (75.54) wrote:

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#2) On August 04, 2013 at 3:52 PM, HarryCaraysGhost (75.54) wrote:

Ellie Mae, Inc. is a leading provider of on-demand automation solutions for the mortgage industry.   The Company offers an end-to-end solution, delivered using a Software-as-a Service model, that serves as the core operating system for mortgage originators and spans customer relationship management, loan origination, and business management.  Its solutions help thousands of lender users to streamline and automate the mortgage origination process by increasing efficiency, facilitating regulatory compliance and reducing documentation errors.  Ellie Mae's success-based pricing model provides users with a bundle of software and services at a single, per loan price, enabling customers to align technology costs with revenue.   The Company also hosts the Ellie Mae Network™ that allows mortgage professionals to conduct electronic business transactions with the lenders and settlement service providers they work with, to process and fund loans.  The company's offerings include the Encompass®, Encompass360® and DataTrac® mortgage management software systems.

This might make the Dude quite a bit of money.

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#3) On August 04, 2013 at 5:38 PM, constructive (99.97) wrote:

Ellie Mae's success-based pricing model provides users with a bundle of software and services at a single, per loan price, enabling customers to align technology costs with revenue.

Now I see why my failure-based pricing model hasn't been gaining traction in the market!

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#4) On August 08, 2013 at 4:48 PM, EnigmaDude (51.40) wrote:

ELLI popped today on news that they are looking to sell the company!  So apparently the success-based pricing model is attractive to her suitors.

Staying Foxy ...

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#5) On August 09, 2013 at 8:58 AM, HarryCaraysGhost (75.54) wrote:

Nice call man. The Fox is strong with this one.

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