Ellie
Mae® (NYSE:ELLI), the leading cloud-based platform
provider for the mortgage finance industry, today announced that Sig
Anderman was given the Distinguished Career Award by the Executive
Roundtable for Mortgage Finance. The award, inscribed with the phrase
“get people to share the dream,” recognizes leaders who have made
significant and lasting contributions to the mortgage finance industry.
Previous recipients include FHA Commissioner Brian Montgomery, former
Mortgage Bankers Association President David Stevens and former Radian
CEO, S.A. Ibrahim.
The Executive Roundtable for Mortgage Finance brings together industry
leaders to explore ways to significantly improve the effectiveness of
key processes, technology and controls that underpin the origination and
servicing of mortgages. The Roundtable includes participants from the
Mortgage Bankers Association, HUD, CMG Financial, Wells Fargo,
eOriginal, DocuSign, Docutech, Quicken Loans, Tavant, Santander Bank,
Orrick, Roostify, First American Title, CoreLogic, SoFi, Ellie Mae and
other notable companies and organizations in the industry.
“The word legend gets tossed around in our industry from time to time.
When it comes to Sig Anderman, he is very deserving of that title,” said
Christopher George, Chairman of the Mortgage Bankers Association and
President, CMG Financial, who presented the award. “Inspired by Sig’s
vision, Ellie Mae led the charge to automate the mortgage industry.
Ellie Mae’s Encompass Digital Lending Platform is now used to process
and fund 40% of all the mortgage loans originated in America. To achieve
the level of impact in our industry that he has, and to do it with the
grace and gratitude that Sig has, is nothing short of inspirational.”
Anderman founded Ellie Mae in 1998 with the mission to automate
everything automatable for the residential mortgage industry. “We
started the company to provide technology tools for mortgage originators
and take the excessive costs, delays and stress out of the home-buying
process for people making a significant and emotional purchase,” said
Anderman. “We saw there was a lot of data and documents moving around
and we realized there had to be a better way to move it with greater
efficiency and accuracy, less work and fewer errors. We founded Ellie
Mae to change the industry and we did just that. Today, our technology
powers the American Dream of homeownership for people across the
country.”
By using Ellie Mae’s Encompass® digital mortgage solution, lenders can
originate more loans, reduce origination costs, and reduce the time to
close, all while ensuring the highest levels of compliance, quality and
efficiency. Additionally, Ellie Mae has the largest partner network in
the industry who are directly integrated into the Encompass®
Digital Lending Platform – making it a one stop shop for each unique
customer. Ellie Mae also enables developers and users of Encompass to
utilize APIs and customize solutions to meet their unique business
needs. The advanced and customizable technology that Ellie Mae offers
has become the standard for mortgage technology and continues to propel
the digital mortgage industry forward.
Anderman has had a long history of success founding companies to benefit
the mortgage and real estate industries. He started his career in 1975
when he co-founded American Home Shield, now the leading home warranty
company in the country. After the sale of American Home Shield in 1982,
he started CompuFund, designed to help realtors understand and arrange
for mortgage financing using computer technology, coining the phrase
“Computerized Loan Originations” or “CLOs.” In 1992, Anderman founded
Inspectech, dedicated to automating and streamlining the home inspection
business, which he sold just prior to founding Ellie Mae. Anderman
remained CEO of Ellie Mae until 2015 when Jonathan Corr was named
president and CEO. Anderman continues to serve as Chairman of the Board
of Directors for Ellie Mae.
Upon retirement as CEO of Ellie Mae, Anderman shifted his focus to
philanthropy, establishing the Anderman Family Fund, a philanthropic
fund dedicated to environmental protection, social and economic justice,
the arts and medical research. In 2016, he founded the Springboard
Initiative, a nonprofit based in San Francisco providing youth in
underserved communities with access to training and the opportunity to
acquire skills that will allow them to move into higher paying jobs in
the technology sector. The program also supplements the recruitment
pipeline of technology start-ups and established brands across the Bay
Area.
“High tech companies in the San Francisco Bay Area and across the
country need to adopt new ways to source talent for their
organizations,” said Anderman. “The Springboard Initiative gives
employers a unique opportunity to address their talent needs by
introducing them to eager, bright candidates whose training can be
tailored to specific job openings. This is a powerful way for companies
to help individuals who would otherwise be left out of the job market.”
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.
© 2019 Ellie Mae, Inc. Ellie Mae®, Encompass®, AllRegs®, Mavent®,
Velocify®, the Ellie Mae logo and other trademarks or service marks of
Ellie Mae, Inc. appearing herein are the property of Ellie Mae, Inc. or
its subsidiaries. All rights reserved. Other company and product names
may be trademarks or copyrights of their respective owners.
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