Pleasanton, California-based Ellie Mae announced on Oct. 14 it has signed a definitive agreement to acquire Mortgage Returns, a St. Louis-based customer relationship management (CRM) and automated marketing solutions provider for the mortgage industry.
The transaction is expected to close in the fourth quarter.
Mortgage Returns is a database management and automated marketing provider for loan originators. The company provides customized marketing solutions designed to increase referrals, boost cross-sell opportunities and manage prospects.
Jonathan Corr, president and chief executive officer...