Ellie Mae Confounds The Skeptics

  • The company keeps confounding the critics, growing against headwinds from rising interest rates and lower mortgage origination volumes.
  • This isn’t so surprising, it has done it before.
  • The company has enough tricks up its sleeve to keep this going for some time to come.
  • Only if interest rates rise much further and economic growth slows down would we start to get worried.

Source: Ellie Mae Confounds The Skeptics – Ellie Mae, Inc. (NYSEMKT:ELLI) | Seeking Alpha