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Ellie Mae Inc., originally named Electronic Mortgage Affiliates, [1] is a software company that processes 35% of U.S. mortgage applications. [2] The services are based on a software as a service model (SaaS), [ 3 ] and specializes in originating and funding new mortgage loans and facilitating regulatory compliance .
What: Shares of Ellie Mae were up as much as 15%. Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they ...
Jeffrey Sprecher was a power plant developer who spotted a need for a seamless market in natural gas used to fuel power stations. [2] In the late 1990s, Sprecher acquired Continental Power Exchange, Inc. with the objective of developing an Internet-based platform to provide a more transparent and efficient market structure for over-the-counter energy commodity trading.
On Sept. 4, ICE bought home loan servicing and data analytics provider Black Knight for $11.9 billion, a price that exceeded the $8.2 billion Sprecher paid for his most famous deal, the 2013 ...
Freddie Mac and Fannie Mae shares surged post-Trump election win, up 74% and 70%, respectively. Trump's second presidency could end government control of the agencies, reshaping the mortgage industry.
Mad Money is an American finance television program hosted by Jim Cramer that began airing on CNBC on March 14, 2005. Its main focus is investment and speculation, particularly in public company stocks.
Black Monday (also known as Black Tuesday in some parts of the world due to time zone differences) was a global, severe and largely unexpected [1] stock market crash on Monday, October 19, 1987.
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