Ellie Mae Expands Integration with RamQuest to Streamline Title and Closing Experience
Enhanced integration will enable quoting, ordering and collaboration directly from Encompass
PLEASANTON, Calif. – September 9, 2016 – Ellie Mae® (NYSE:ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, announced today an enhanced integration with RamQuest, the premier provider of business solutions to title and settlement agents nationwide. The integration will enable rate and fee quoting, title and settlement ordering, and collaboration on Closing Disclosure Forms directly from Ellie Mae’s Encompass, all-in-one mortgage management solution.
The intent of the enhanced integration with RamQuest is to give Encompass a more streamlined workflow, including the ability to import rates and fees and revised title-related fees directly into the 2015 itemization form, seamlessly updating the Closing Disclosure. Additionally, when the enhancements are released the integration will offer bi-directional communication allowing customers to exchange data and documents via a secure portal while residing in their systems of record.
“The regulatory changes impacting the industry have created a greater need for collaboration and greater efficiency between the lender and the settlement agents,” said Joe Tyrrell, executive vice president of corporate strategy for Ellie Mae. “Through the expanded integration with RamQuest, Ellie Mae is streamlining the ordering and closing process for lenders and RamQuest’s respective settlement agents through direct system to system collaboration. We will continue to work with industry innovators to ensure that both of our customers have the best experience and easiest path to true collaboration.”
“We’re excited to enhance our integration with Ellie Mae to support our title and settlement agents’ diverse needs with the goal of expediting Loan Estimate and Closing Disclosure production,” said Brooks Yeager, RamQuest chief strategy officer “This expanded integration will give our mutual customers the ability to set themselves apart in their respective markets by creating competitive advantage and ultimately opens doors to new opportunities.”
For more information about Encompass, visit: http://www.elliemae.com/encompass/encompass-overview
About Ellie Mae
Ellie Mae (NYSE:ELLI) 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, Mavent Compliance Service, and AllRegs research, reference and education resources to improve compliance, loan quality and efficiency across the entire mortgage lifecycle. Visit EllieMae.com or call (877) 355-4362 to learn more.
About RamQuest, Inc.
RamQuest, Inc. is a Texas-based corporation that has been serving the title industry since 1991. As the provider of the Land Title industry’s most comprehensive title and settlement solutions, RamQuest products are currently in use for closings in all 50 states. For more information about RamQuest, visit www.ramquest.com.
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