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May 28, 2014

With $26 Million of Cash on Hand, Ellie Mae Unveils $75 Million Stock Repurchase Plan

By Paul Muolo

Investors interviewed by IMFnews weren’t sure what to think of the latest news from Ellie Mae.

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With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.
No. It’s still difficult compliance/regulatory-wise.
Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

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