Industry News

Ellie Mae founder coined industry tech lingo

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Ellie Mae founder and CEO Sig Anderman is a true technology pioneer, entrepreneur and industry visionary. With more than 30 years in the mortgage industry, Anderman is an expert on a variety of issues affecting brokers, lenders and service providers, ranging from mortgage automation to eMortgages. As founder of Ellie Mae, Anderman leads the company's vision and strategy. Under his direction, Ellie Mae developed and now hosts ePASS, the main "Internet switch" used in the mortgage industry. More than 21,000 mortgage brokerages use ePASS to connect to and exchange data with 45 wholesale lenders and more than 90,000 settlement service providers. Ellie Mae also offers loan origination software to mortgage originators under the brands Encompass, Genesis and Contour. Twenty years ago, Anderman founded CompuFund, the first computer-based mortgage banking network in the country, and coined the phrase "CLO" for computerized loan origination. Ellie Mae is Anderman's fourth successful busi...