Banco Popular to Donate Funds to Habitat for Humanity of Puerto
Rico, Ellie Mae Cares to Match Funds
PLEASANTON, Calif.--(BUSINESS WIRE)--Sep. 24, 2018--
Mae® (NYSE:ELLI), the leading cloud-based platform
provider for the mortgage finance industry, announced today the winner
of the “Dream Big, Win Tiny” campaign and sweepstakes in which Ellie Mae
customers, prospective customers and partners demonstrated how they are
personally helping power the American Dream of homeownership through
their use of digital mortgage technologies.
Popular Mortgage was named the 2018 “Dream Big, Win Tiny” campaign
winner. Their submission told the story of Popular Mortgage’s use of
Encompass to help thousands of families in Puerto Rico rebuild their
homes or move to safer homes in the aftermath of Hurricane Maria. The
team at Popular Mortgage selected to “pay it forward” and will have a
$15,000 donation made on their behalf to Habitat for Humanity of Puerto
Rico to continue the hurricane relief efforts locally. Ellie Mae will
match the donation for a total of $30,000 to Habitat for Humanity.
“Popular Mortgage has been very committed to reconstructing homes and
assisting our customers during the aftermath of Hurricane Maria,” said
Silvio López, Division Manager of Popular Mortgage, a Division of Banco
Popular de Puerto Rico. “Ellie Mae’s Encompass facilitated the loan
process for us. Whether speeding through the home purchase process or
assisting homeowners as they rebuild, the technology let us work faster,
smarter and more efficiently.”
Popular Mortgage is a Division of Banco Popular de Puerto Rico and is
the leader in mortgage originations in the island. A network of bank
branches and Mortgage Centers across Puerto Rico, a robust call center
and a website with an online application make loan originations
accessible to all customers. Banco Popular is also the primary mortgage
servicer in the island and are currently committed to continue
rebuilding efforts in Puerto Rico.
“We congratulate Silvio and the entire Banco Popular team,” said
Jonathan Corr, president and CEO of Ellie Mae. “The Dream Big, Win Tiny
campaign brought in so many great stories of how Ellie Mae customers and
partners are leveraging digital mortgage solutions to support the
American Dream of homeownership. The Banco Popular team embodies the
spirit of the campaign, but also our core value of giving back to the
community. We’re so thrilled to be able to match the donation to Habitat
for Humanity and provide additional aid to the people of Puerto Rico.”
For more information about Ellie Mae’s Encompass digital mortgage
solution, visit: https://www.elliemae.com/encompass/encompass-lending-platform
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, lower origination costs, and reduce 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.
© 2018 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180924005209/en/
Source: Ellie Mae, Inc.
Ellie Mae, Inc.
Erica Harvill, 925-227-5913