You'd better be
BEARISH SITTING DUCK BULLISH
Ellie Mae) is a provider of on-demand software solutions and services for the residential mortgage industry in the United States. The Company's Encompass all-in-one mortgage management solution provides one system of record that allows banks, credit unions, and mortgage lenders to originate and fund mortgages and improve compliance, loan quality, and efficiency.
Discount: 27%
Average yearly return: 37%
Yield: N/A
Outperformer
On January 19, 2017: Ellie Mae's Originator Insight Report
reported slight easing in FICOs for all closed loans with
an increase in closing rates and time to close, as the 30-year average note rate jumped to its highest level since May.
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