J.G. Wentworth Home Lending Named Finalist for 2017 Ellie Mae Hall of Fame Awards

1/19/17

RADNOR, Pa.--(BUSINESS WIRE)--The J.G. Wentworth Company®  (OTCQX: JGWE) today announced that J.G. Wentworth Home Lending™ has been nominated for four 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 is the only company to be nominated in all four award categories:

1) Exceptional Achievement in Business Growth,
2) Excellence in Compliance Automation,
3) Exceptional Achievement in Loan Quality, and
4) Outstanding Efficiency and ROI.

“We are honored to be named a finalist for several Ellie Mae Hall of Fame awards alongside some of the best and brightest in the mortgage industry,” said Stewart A. Stockdale, CEO of J.G. Wentworth. “This achievement is a testament to the dedication of our employees, and their focus on innovative strategies that deliver measurable business results.”

Ellie Mae’s suite of tools and services 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.

“Ellie Mae has been an integral part of our operations, allowing us the flexibility to design the optimal customer experience while keeping pace with the evolving regulatory and compliance landscape,” said Steven Sigman, Chief Operations and Administration Officer. “Our nomination in all four categories reflects the pursuit of continuous improvement for both our customers and internal operations. We are pleased to be recognized for our passion and commitment in delivering a quality product and experience to our customers.”

J.G. Wentworth entered the mortgage space in 2015, following its purchase of West Star Mortgage, Inc. The company originates conventional, FHA and VA loans in 40 states and the District of Columbia.

“Our organization has made numerous strides in the mortgage industry over the last year, while achieving significant originations growth,” said Phil Buscemi, President of J.G. Wentworth Home Lending. “We will continue to seek new, innovative ways to meet consumer demand in the marketplace and empower our customers with the tools to achieve their home lending goals.”

Ellie Mae will announce the winners at Ellie Mae Experience 2017, to be held March 6-8, 2017, in Las Vegas, Nevada.

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, structured settlement, annuity and lottery payment purchasing, prepaid cards, and access to providers of personal loans.