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Ellie Mae, Inc. Unveils Password Manager For ePASS Users.


Business Editors

PLEASANTON, Calif.--(BUSINESS WIRE)--May 22, 2002

Top transaction portal now provides seamless password entry

Ellie Mae(R) Inc., a provider of Internet and software solutions for mortgage originators, announced Password Manager A password manager is software that helps a user organize passwords and PIN codes. The software typically has a local database or files that holds the encrypted password data. , a new feature in the ePASS(R) Business Center designed to solve a problem unique to mortgage brokers.

Password Manager allows the login Signing in and gaining access to a network server, Web server or other computer system. The process (the noun) is a "login" or "logon," while the act of doing it (the verb) is to "log in" or to "log on.  name and password for each lender and vendor to be securely saved so that users will not need to memorize mem·o·rize  
tr.v. mem·o·rized, mem·o·riz·ing, mem·o·riz·es
1. To commit to memory; learn by heart.

2. Computer Science To store in memory:
 and enter them each time they submit an order, check status or use another e-commerce site.

"As the ability to transact An earlier e-commerce system for the Web from Open Market that included order capture and secure order fulfillment using credit cards, ecash and other payment systems. It included customer service and subscription administration capabilities as well as an integrated database for reporting  with business partners throughout the mortgage industry has grown, so has the burden to input and keep track of numerous distinct user IDs and passwords," said mortgage broker Jim Chubb of Pacific Inland Financial. "Password Manager in ePASS is one of those simple solutions that immediately solves a problem that has, until now, gone ignored."

Password Manager is now a standard feature of Ellie Mae's ePASS Business Center, available to all mortgage brokers. Successfully eliminating the multiple logins users are required to remember is just one of many features Ellie Mae offers in its commitment to streamlining the mortgage process.

"The number of vendors and lenders a broker can work with electronically keeps growing," said Jack Trageser, vice president of Electronic Commerce for Ellie Mae. "Likewise, brokers now find themselves with an expanding and unmanageable collection of separate passwords. Keeping track of these passwords has become a real headache for most brokers. With Password Manager, brokers are relieved of the burden of maintaining lists of separate passwords and spared the time it takes to log in every time they need to exchange information with a vendor or lender."

"Every active Internet user Internet user ninternauta m/f

Internet user Internet ninternaute m/f 
 gets frustrated frus·trate  
tr.v. frus·trat·ed, frus·trat·ing, frus·trates
1.
a. To prevent from accomplishing a purpose or fulfilling a desire; thwart:
 trying to track all their login/password combos This article is about the snack food product. For other uses, see Combo.
Combos, officially called Combos Snacks, invented in the mid 1970s, are a snack food created and distributed by Mars Incorporated.
," said Scott Cooley, chief strategy officer for Ellie Mae. "In fact, this issue is one of the largest impediments IMPEDIMENTS, contracts. Legal objections to the making of a contract. Impediments which relate to the person are those of minority, want of reason, coverture, and the like; they are sometimes called disabilities. Vide Incapacity.
     2.
 to e-commerce adoption. Our typical customer must access dozens of password-protected sites during their day-to-day business. ePASS helps keep these passwords secured with a master password. This stops the common practice whereby employees write down passwords on paper scraps in and around their desks and thus, inadvertently create a security risk for their employer."

Ellie Mae currently provides its services to more than 80 percent of all third party originators in the industry. Ellie Mae's expanding technology offerings now include multiple LOSs, the industry's leading transaction platform - ePASS Business Center, customized Websites and password management. For more information about Password Manager and the ePASS Business Center, contact Jack Trageser at 925-227-7720 or visit the Ellie Mae Web site at www.elliemae.com.

About Ellie Mae, Inc.

Ellie Mae, Inc., headquartered in Pleasanton, Calif., is the leading Internet enabler for mortgage originators and the largest Loan Origination The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 Software (LOS) provider in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Offering brokers the ePASS(R) Business Center (electronic Processing And Submission System), a supply chain, e-commerce platform, as well as customized Web sites, hosting services, and LOS packages, Ellie Mae enables mortgage originators to harness the power of the Internet. For additional information, visit www.elliemae.com or call (877) 355-4362.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Ellie Mae, Inc. Unveils Password Manager For ePASS Users.
Publication:Business Wire
Geographic Code:1USA
Date:May 22, 2002
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