Ellie Mae announces layoffs of 10% of its staff

Three months after it announced its sale to a private equity firm and went private, mortgage software giant Ellie Mae is laying off 10% of its staff. As Expected, Ellie Mae Lays Off 10% of its Staff | Inside Mortgage Finance

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Ellie Mae recently completed restructuring its team after its acquisition by Thoma Bravo, a move that includes the layoff of about 10% of its staff.

Ellie Mae announces layoffs of 10% of its staff Ellie Mae recently completed restructuring its team after its acquisition by Thoma Bravo, a move that includes the layoff of about 10% of its staff. The company explained those let go are being offered severance packages to help with the transition.

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Ellie Mae lays off 10% of its staff after recent acquisition 3 months ago admin Mortgage technology company Ellie Mae, which was recently bought by private equity investor Thoma Bravo, underwent restructuring and reduced its staff by 10%.

Fannie, Freddie to raise g-fees in April Raise Fannie Mae’s and Freddie Mac’s Guarantee Fees and Decrease Their Eligible Loan Limits. Taking both approaches together would lower federal subsidies for Fannie Mae and Freddie Mac by $6 billion from 2017 through 2026 and would result in a drop in new guarantees of about 25 percent, according to CBO’s estimates.

After the Senate passed its Dodd-Frank reform bill Wednesday night. the Senate vote to ignore the painful lessons from the causes of the Great Recession 10 years ago,” said Mike Litt, U.S. PIRG.

Ellie Mae recently completed restructuring its team after its acquisition by Thoma Bravo, a restructuring that includes the layoff of about 10% of its staff. "Last week we completed a restructuring of our team so that we can ensure Ellie Mae will continue to grow and achieve our goal of automating the residential real estate [.]

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Ellie Mae lays off 10% of its staff after recent acquisition BRAD FINKELSTEIN MAY 17, 2019 Mortgage technology company Ellie Mae, which was recently bought by private equity investor Thoma Bravo, underwent restructuring and reduced its. – read more

The Mortgage Bankers Association on June 19 lowered its new and existing home sales. run mortgage financiers Freddie Mac and Fannie Mae – began the year projecting an average home-sale gain of 10%.

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