Ellie Mae : 04.16.18Eric Connors Joins Ellie Mae as Senior Vice President of Product Strategy and Management

Industry Veteran Will Lead Digital Mortgage Product Strategy

PLEASANTON, Calif. - April 16, 2018 - Ellie Mae^® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced today that Eric Connors has joined the organization as senior vice president of product strategy and management. In this role, Eric will be responsible for leading the overall product strategy for Ellie Mae's Encompass® digital mortgage solution, the Encompass NG Lending Platform® and related products including the Encompass Connect suite of solutions.

Prior to joining Ellie Mae, Eric led CoreLogic's credit business as its general manager, responsible for all facets of the division's success including strategy, product, compliance sales and operations. Before CoreLogic, Eric spent eight years at Yodlee where he led product strategy, release management, and payment operations and as a member of the executive team, helped drive the success that led to their IPO.

In addition, Eric has held roles in international strategy and business development for Oracle and in application development management for PeopleSoft. He holds a Bachelor of Arts in Science from Pennsylvania State University and a Masters of Business Administration from The Warton School at the University of Pennsylvania.

'Eric has a proven history of leading innovation in a data driven industry and we're thrilled to welcome him to Ellie Mae,' said Joe Tyrrell, executive vice president of corporate strategy at Ellie Mae. 'In recent months we unveiled our Encompass NG Lending Platform and our Connect suite of solutions designed to help our lenders close more loans, close loans faster and reduce the cost of origination, while leveraging data and automation to deliver the true digital mortgage. Going forward, Eric will be responsible for driving the product strategy in support of these solutions and helping Ellie Mae achieve our North Star of automating everything automatable for the residential mortgage industry.'

'This is an exciting time to join the growing team at Ellie Mae,' said Eric Connors. 'As we work to deliver on the promise of offering a true digital mortgage, there is an opportunity to transform the lending process via the Encompass NG Lending Platform and our comprehensive suite of Encompass Connect solutions. I look forward to spearheading our product strategy in support of our lenders and partners.'

Ellie Mae 's digital mortgage solution enables banks, credit unions and mortgage lenders to originate more loans, lower origination costs and reduce the time to close, all while ensuring the highest levels of compliance, quality and efficiency. Ellie Mae serves over 2,400 lenders and mortgage brokers who originate approximately 35 percent of all residential mortgages and more than 26 million transactions per month. Ellie Mae was recognized as a 2017 Bay Area Best Place to Work by the San Francisco Business Times and Silicon Valley Business Journal and was honored with a Glassdoor Employees' Choice Award, recognizing the company as a best place to work in 2018. Additionally, the company was recognized as one of Fortune's 100 Fastest Growing Companies in 2017 and has been a Deloitte Technology Fast 500 award winner for five consecutive years.

About Ellie Mae

Ellie Mae (NYSE:ELLI) is the leading cloud-based platform provider for the mortgage finance industry. Ellie Mae's technology solutions enable lenders to originate more loans, reduce origination costs, and shorten the time to close, all while ensuring the highest levels of compliance, quality and efficiency. Visit EllieMae.com or call 877.355.4362 to learn more.

PRESS CONTACT

Erica Harvill
Ellie Mae, Inc.
(925) 227-5913
Erica.harvill@elliemae.com

Alexandra Gardell Kreuter
Allison+Partners
(646) 428-0618
EllieMae@allisonpr.com

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