Ellie Mae signs agreement to acquire Mortgage Returns.

PositionNEWS ROOM - Brief article

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...

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