Happy State Bank was inducted into the Ellie Mae Hall of Fame, an honor given each year to mortgage lenders and partners that have distinguished themselves through their industry leadership and innovative use of Ellie Mae technologies. Happy State Bank was selected as a winner for Outstanding Efficiency. This year's Hall of Fame winners were announced at the 2016 Ellie Mae Experience conference.
"We are proud to honor our newest member of the Ellie Mae Hall of Fame," said Jonathan Corr, Ellie Mae president and CEO. "Happy State Bank is one of the top innovators in the mortgage industry. They show market leadership and innovation through their use of Ellie Mae's all-in-one Encompass mortgage management solution and through their use, have driven compliance, quality and efficiency across their organizations. We congratulate them on this achievement and welcome them to the Ellie Mae Hall of Fame."
"Our mortgage team set a high bar for the customer experience. Shortening the overall time-frame for a customer to reach their closing date – in an industry with a changing regulatory climate - seemed like a worthy goal to strive for and achieve," said Missy Villarreal, Senior Vice President and Mortgage Loan Manager.
Ellie Mae is a leading provider of innovative on-demand software solutions and services for the residential mortgage industry. Mortgage lenders of all sizes use Ellie Mae's Encompass® all-in-one mortgage management solution to improve compliance, loan quality and efficiency across the entire mortgage lifecycle.
"The improvement in our efficiency means a 34% reduction of time from application to closing for our mortgage loans. We are very proud of our Mortgage Team. Missy Villarreal leads a great group of professional bankers providing phenomenal customer service," stated J. Pat Hickman, CEO and Chairman Happy State Bank.