J.G. Wentworth Home Lending Named Finalist For 2018 Ellie Mae Hall of Fame Awards

1/4/18

CHESTERBROOK, Pa.--(BUSINESS WIRE)--The J.G. Wentworth Company® (“J.G. Wentworth” or the “Company”) (OTC Pink: JGWEQ), today announced that J.G. Wentworth Home Lending™ has been nominated for two awards by Ellie Mae®, a leading provider of innovative on-demand software solutions and services for the residential mortgage industry.

The annual Ellie Mae Hall of Fame Awards recognize the best and brightest companies in the mortgage industry that use Ellie Mae’s Encompass® all-in-one mortgage management solution. This year, J.G. Wentworth Home Lending is nominated in the Business Growth and Outstanding Efficiency and ROI categories.

“We are honored to return to the Ellie Mae Hall of Fame Awards Ceremony as a finalist,” said Stewart A. Stockdale, Chief Executive Officer. “Our employees have remained focused on developing innovative strategies that deliver improved customer experience and business results. We are excited to be recognized for those efforts among industry peers.”

Ellie Mae’s suite of tools and services are used in approximately 30% of residential mortgage applications in the United States and are designed to help mortgage entities realize a variety of process improvements including, but not limited to, ensuring compliance, enhancing loan quality and boosting efficiency.

“We continue to leverage Ellie Mae’s Encompass Platform to streamline our mortgage operations and enable a better experience,” said Steven Sigman, Chief Operations and Administration Officer. “We believe the integration and flexibility of the platform allows us to efficiently scale our operations.”

J.G. Wentworth entered the mortgage space in 2015. J. G. Wentworth Home Lending originates conventional, FHA and VA loans in 45 states and the District of Columbia.

“We expanded our origination capacity over the last year and we continue to evaluate capabilities to support our business growth,” said Phil Buscemi, President of J.G. Wentworth Home Lending.

In 2017, J.G. Wentworth Home Lending received four Ellie Mae award nominations. The company was inducted into the Ellie Mae Hall of Fame for winning the Excellence in Compliance Automation category award, and also received the inaugural President’s Award for Encompass Excellence.

Ellie Mae will announce the winners at the Ellie Mae Experience 2018 Hall of Fame Ceremony, to be held March 19-21, 2018, in Las Vegas, Nev.

About The J.G. Wentworth Company®

The J.G. Wentworth Company® is focused on providing direct-to-consumer access to financing solutions through a variety of avenues, including: mortgage lending and refinancing, structured settlement, annuity and lottery payment purchasing, prepaid cards, and access to providers of personal loans.

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