|Bid||0.00 x 800|
|Ask||100.10 x 2200|
|Day's Range||98.50 - 98.71|
|52 Week Range||58.49 - 116.90|
|Beta (3Y Monthly)||1.54|
|PE Ratio (TTM)||156.43|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
According to the February Origination Insight Report from Ellie Mae® , the leading cloud-based platform provider for the mortgage finance industry, the 30-year note rate continued to drop for the second straight month to 4.86 percent, down from 5.01 percent in January.
Moody's Investors Service ("Moody's") assigned first time ratings to Ellie Mae, Inc. ("Ellie Mae") with a Corporate Family Rating ("CFR") of B3 and a Probability of Default Rating ("PDR") of B3-PD. Concurrently, Moody's assigned a B2 rating to the issuer's proposed senior secured first lien credit facility, comprised of a $965 million term loan and an undrawn $75 million revolver. The proceeds of the new debt financing, which also includes a proposed $385 million second lien term loan (unrated), will be used to partially fund the purchase of Ellie Mae by Thoma Bravo, LLC ("Thoma Bravo") for approximately $3.7 billion (including fees).
The home loan industry is looking to artificial intelligence to shorten the wait times for a mortgage approval, from a month or more to a tolerable week or two. Inc., a major player in home loans, started offering an AI option to its 3,000 customers—banks and other lenders—to speed-read mortgage applications for accuracy and completeness. Ellie Mae, a Pleasanton-based software and services company that processes about 40% of all U.S. home mortgage applications, selected an AI technology developed by Wakefield, Mass.-based home loan data automation outfit AI Foundry.
Ellie Mae (ELLI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
NEW YORK, March 15, 2019 -- Levi & Korsinsky announces it has commenced an investigation of Ellie Mae, Inc. (NYSE: ELLI) concerning possible violations of federal.
Ellie Mae Inc NYSE:ELLIView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low and declining * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for ELLI with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on February 19. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding ELLI are favorable, with net inflows of $2.19 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Loan Officer Connect gives loan officers secure, real-time access to Encompass – anytime, anywhere – from any device
As the industry continues to embrace digital mortgages, the 2019 Borrower Insights Survey from Ellie Mae® (ELLI), the leading cloud-based platform provider for the mortgage finance industry, found that borrowers are looking to engage with their lenders online, but are demanding more communication throughout the loan origination process. According to the survey, 50 percent of borrowers said they chose their lender based on whether they offered an online application or portal, and 47 percent of respondents said access to an online portal for uploading documents was a factor in their decision. Likewise, the majority of borrowers who were not offered online or electronic options from their lenders would have preferred those options.
New Study Shows Impact of Technology on Lenders’ Efficiency and Growth; Substantial Reduction in Origination Cost and Time to Close
Millennial homebuyers took advantage of slightly lower interest rates in January to refinance their mortgages. Refinances by Millennial borrowers accounted for 13 percent of all closed loans, the highest percentage since February 2018, according to the latest Ellie Mae Millennial Tracker™. Similarly, the January Ellie Mae Origination Insight Report, which explores trends among borrowers of all ages, showed that refinances climbed to 35 percent of closed loans in January, up from 29 percent in December of 2018.
NEW YORK, March 06, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
NEW YORK , March 5, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
WILMINGTON, Del., March 04, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: CAS Medical Systems, Inc. (NasdaqCM: CASM) regarding possible violations of.
NEW YORK, March 04, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
BALA CYNWYD, PA / ACCESSWIRE / February 26, 2019 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Ellie Mae, Inc. ("Ellie ...
NEW YORK, Feb. 26, 2019 -- Levi & Korsinsky announces it has commenced an investigation of Ellie Mae, Inc. (NYSE: ELLI) concerning possible violations of federal securities.
NEW YORK, Feb. 26, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Combined Technologies Will Enable Lenders to Improve Productivity, Scalability and Compliance WAKEFIELD, Mass. , Feb. 25, 2019 /PRNewswire/ -- AI Foundry , a provider of advanced artificial intelligence ...
Ellie Mae® (ELLI), the leading cloud-based platform provider for the mortgage finance industry, has been named a winner in Ragan’s 2018 Intranet Awards in the “Employee Recognition” category for its work with Unily on the “Cheers for Peers” widget and received an honorable mention in the “Launch or Relaunch” category for its “License to Succeed” campaign. Ragan Communications and PR Daily run 11 awards programs each year, including the prestigious Digital PR and Social Media Awards, PR Daily Awards, Employee Communications Awards and Video and Visual Awards.
BALA CYNWYD, PA / ACCESSWIRE / February 21, 2019 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Ellie Mae, Inc. ("Ellie ...
NEW YORK, Feb. 21, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.