Ellie Mae to acquire AllRegs for $30 million

Fixed mortgage rates hit 50-year lows: Freddie Mac First American Sees 1.7m in Shadow Inventory A report says about 1.7 million homeowners were on the verge of foreclosure in the fall, a looming "shadow inventory" of homes that will come on the market for sale over the next several years and.FHA single-family business explodes; No premium cut coming Effective May 20, 2010, all new applicants for FHA approval as a lender or mortgagee, irrespective of size, must possess a net worth of at least $1,000,000, of which no. existing Single Family.The 30-year fixed-rate mortgage averaged 4.62% in the December 20 week, mortgage liquidity provider freddie mac said Thursday. That was down just one basis point, but it marked the eight consecutive.

Ellie Mae Reports Second Quarter 2017 Results PLEASANTON, Calif. – July 27, 2017 – Ellie Mae (NYSE:ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, today reported results for the second quarter ended June 30, 2017.

But specific to the mortgage biz, Ellie Mae announced plans to acquire AllRegs for $30 million in cash. "The acquisition of AllRegs expands Ellie Mae’s position as the industry’s market leader of.

Mortgage industry software solutions and services provider Ellie Mae says it has an agreement to acquire AllRegs for $30,000,000 in cash. AllRegs acquired by mortgage tech provider Ellie Mae for $30M

Encompass: Product Overview Top Company Interviews. 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. Due to the anticipated timing of closing,

Ellie Mae (NYSE:ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, announced today that it has signed a definitive agreement to acquire AllRegs, a leading information provider for the mortgage industry. The acquisition of.

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