Market Overview

TD Bank Implements Ellie Mae's Encompass Digital Mortgage Solution

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Top 10 ranked national bank deploys Ellie Mae's Encompass to enhance
efficiencies, streamline processing and drive industry leading customer
experience

Ellie
Mae®
 (NYSE:ELLI), the leading cloud-based platform
provider for the mortgage finance industry, announced that TD
Bank
, America's Most Convenient Bank®, has deployed their
initial rollout of the Encompass®
digital mortgage solution, continuing Ellie Mae's push upmarket into the
largest lenders and banks in the United States. TD Bank is leveraging
Encompass to streamline origination and call center vendor integrations
onto one platform, speed up deployment of new online products, and
significantly reduce the bank's loan cycle time.

TD Bank selected the Encompass platform because of their desire to
improve the customer experience by leveraging an all-in-one system that
will consolidate processes on a single, efficient, and easy-to-manage
ecosystem. Encompass will enhance the bank's ability to audit in-process
loans, significantly reduce time to close, deploy new products faster
and without gaps in services, and increase the bank's overall nimbleness
and flexibility. In addition, customers will now be able to access their
disclosures online.

TD Bank leveraged Ellie Mae's Professional Services Organization for the
implementation of Encompass. The implementation process required
consensus from stakeholders across the organization reaching far beyond
Encompass users, from technology groups in the United States and Canada,
to downstream data systems to feed the bank's diverse reporting needs.
Ellie Mae's proven implementation methodology with hundreds of
Enterprise-class customers enables lenders to minimize costs, lower
risks and accelerate team member adoption, leading to faster ROI. Ellie
Mae's Custom Solutions experience in delivering customized integrations
built on top of the Encompass platform was leveraged by TD to
collaboratively build out enhancements to further improve user
efficiencies.

"We are thrilled to announce that TD Bank has officially completed its
initial rollout of Encompass," said Jonathan Corr, president and CEO of
Ellie Mae. "We've worked together to successfully transition TD from a
legacy origination system to an agile solution equipped to handle the
complexities and loan volume experienced by a leading national bank. We
value the opportunity to partner with TD Bank to help them grow the
mortgage lending arm of their business."

"At TD, we place a strong and steadfast emphasis on continually
enhancing both the customer and employee experiences," said Rick
Bechtel, EVP, Head of U.S. Mortgage Banking, TD Bank. "By leveraging
Ellie Mae's Encompass platform, we're able to provide our customers with
a simplified process, online access to documentation, and a substantial
reduction in their loan closing time, all of which will dramatically
enhance the mortgage lending experience. Simultaneously, Encompass will
provide our employees with tools that increase efficiency and streamline
processes – a huge win for the employee experience, as well. We could
not be more excited to bring TD to the forefront of digital mortgage
technology, and our Encompass deployment is the first step."

Ellie Mae's Encompass digital mortgage solution offers technology
covering the entire loan lifecycle so lenders can originate more loans,
lower origination costs and reduce time to close. Ellie Mae's connected
community includes 240,000 users and thousands of service providers and
the Ellie Mae Network processes millions of transactions every month,
touching more than 30 percent of the residential loans originated in the
United States.

To learn more about Ellie Mae's Encompass, visit: https://elliemae.com/encompass/encompass-overview.

About TD Bank, America's Most Convenient Bank®

TD Bank, America's Most Convenient Bank, is one of the 10 largest banks
in the U.S., providing more than 9 million customers with a full range
of retail, small business, and commercial banking products and services
at more than 1,200 convenient locations throughout the Northeast,
Mid-Atlantic, Metro D.C., the Carolinas, and Florida. In addition, TD
Bank and its subsidiaries offer customized private banking and wealth
management services through TD Wealth®, and vehicle financing
and dealer commercial services through TD Auto Finance. TD Bank is
headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com.
Find TD Bank on Facebook at www.facebook.com/TDBank
and on Twitter at www.twitter.com/TDBank_US.

TD Bank, America's Most Convenient Bank, is a member of TD Bank Group
and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top
10 financial services company in North America. The Toronto-Dominion
Bank trades on the New York and Toronto stock exchanges under the ticker
symbol "TD". To learn more, visit www.td.com.

About Ellie Mae

Ellie Mae (NYSE:ELLI) is the leading cloud-based platform provider for
the mortgage finance industry. Ellie Mae's technology solutions enable
lenders to originate more loans, faster, in order to lower their overall
origination costs, all while ensuring the highest levels of compliance,
quality and efficiency. Visit EllieMae.com
or call (877) 355-4362 to learn more.

© 2018 Ellie Mae, Inc. Ellie
Mae
®
, Encompass®AllRegs®Mavent®Velocify®,
the Ellie Mae logo and other trademarks or service marks of Ellie Mae,
Inc. appearing herein are the property of Ellie Mae, Inc. or its
subsidiaries. All rights reserved. Other company and product names may
be trademarks or copyrights of their respective owners.

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