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Ellie Mae Awarded U.S. Patent for Loan Origination Software System

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PLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae® (NYSE:ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, announced today that the United States Patent and Trademark Office has issued the Company a patent for the Encompass mortgage origination and processing technology. The invention – U.S. Patent number 8,990,254 B2, titled “Loan Origination Software System for Processing Mortgage Loans Over A Distributed Network” – covers po

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