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Ellie Mae® Acquires Del Mar Datatrac

PLEASANTON, CA - August 16, 2011 - (RealEstateRama) -- Ellie Mae® (NYSE Amex: ELLI), a leading provider of automation solutions for the residential mortgage industry, announced today that it has acquired Del Mar Datatrac, Inc. The acquisition accelerates Ellie Mae’s growth strategy by expanding its already extensive lender customer base, significantly increasing the number of mortgages funded by its customers, and broadening the functionality of its Encompass® solutions.

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Rep. Tlaib celebrates housing bill becoming law

The bipartisan 21st Century ROAD to Housing Act, which includes the Housing Our Communities Act introduced by Congresswoman Rashida Tlaib (MI-12), goes into effect tomorrow after President Donald Trump refused to sign it for 10 days. The Housing Our Communities Act will directly help our local communities increase the supply of affordable housing by providing federal grants to local, regional, and state governments to support development.