Ellie Mae Announces New Major Release of Encompass Digital Mortgage Solution
Summary
“With this new release we’re offering innovation, enhancements and support so our lenders can grow their businesses with HELOCs, operate more efficiently using Encompass Dynamic Data Management, provide a more streamlined mortgage process with centralized service ordering, and achieve complete compliance.”The new service also offers faster processing, increased visibility into order history, and the ability to monitor key data changes and alert Encompass users when to re-order a rate quote or MI certificate.Encompass MI Service within Ellie Mae TQL improves operational efficiencies by allowing automated ordering and reduces manual steps needed such as re-authentication.Customers can reduce risk by monitoring material data changes in the loan file through a single source of record that maintains all transactions and communication inside of Encompass.Finally, Ellie Mae expressly disclaims any intent or obligation to update any forward-looking statements to reflect subsequent events or circumstances, unless otherwise required by law.