- Business Rules
Ellie Mae Expands Relationship with Optimal Blue to Integrate Product and Pricing Capabilities with Encompass LO Connect
Real-Time Integration Provides Loan Officers with Mobile Access to Optimal Blue’s Market Leading PPE
PLEASANTON, Calif. – August 13, 2019 – Ellie Mae®, the leading cloud-based platform provider for the mortgage finance industry, today announced an extended integration with Optimal Blue to enhance Encompass LO Connect™, Ellie Mae’s Encompass mobile solution for LOs on the go. LO Connect gives loan officers secure, real-time access to the Encompass® Digital Lending Platform from their fingertips, from any mobile device.
LO Connect gives loan officers the competitive advantage of providing the highest level of customer service, and the ability to originate and close loans faster from anywhere, at any time. It offers:
- Enhanced borrower communications to help loan officers stay engaged and deliver a superior customer experience
- Always-on, real-time access to move loans forward
- The ability to connect with agents, referral partners, credit reporting agencies, and underwriters, from a single system of record
LO Connect can also enable your team to take action on abandoned loan applications through Encompass Consumer Connect™, Ellie Mae’s point-of-sale solution, to capture business that otherwise would be lost.
Hundreds of Ellie Mae lenders rely on Optimal Blue to support their product and pricing strategies in the Encompass Digital Lending Platform. By extending the Optimal Blue integration to the Opportunities view within LO Connect, loan officers can accurately quote the most appropriate financing alternatives based on the borrower’s unique mortgage loan scenario – all from the convenience of their mobile device. In addition, Ellie Mae has also integrated to Optimal Blue’s pricing and lock functionality on the Pipeline view within LO Connect, enabling loan officers to confidently price and lock loans with Optimal Blue while never leaving Encompass.
“We are excited to once again expand our integration with the Encompass Digital Lending Platform,” explained Scott Happ, CEO at Optimal Blue. “Optimal Blue is committed to an API-first strategy that provides real-time access to our industry leading secondary marketing capabilities with the systems our clients rely upon throughout the mortgage loan process.”
“More than 80 percent of top loan producers say digital mortgage technology is key to their company’s future growth,” said Joe Tyrrell, chief operating officer, Ellie Mae. “With Optimal Blue support now included in Encompass LO Connect, loan officers now have access to product and pricing whether they are in the office or on the go. This partnership with Optimal Blue gives loan officers access to the tools and technology they need to be successful.”
For more information about how to benefit from LO Connect with Optimal Blue, visit: https://www.elliemae.com/encompass/encompass-lo-connect
About Ellie Mae
Ellie Mae is the leading cloud-based platform provider for the mortgage finance industry. Ellie Mae’s technology solutions enable lenders to originate more loans, reduce origination costs, and shorten the time to close, all while ensuring the highest levels of compliance, quality and efficiency. Visit EllieMae.com or call 877.355.4362 to learn more.
About Optimal Blue
Optimal Blue’s Marketplace Platform connects the industry’s largest network of originators, investors, and providers. More than $750 billion of transactions are processed across the platform each year, facilitating a broad set of secondary market interactions like pricing, locking, hedging, and trading of mortgage loans. For more information, please visit www.optimalblue.com.
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© 2019 Ellie Mae, Inc. Ellie Mae®, Encompass®, AllRegs®, Mavent®, Velocify®, the Ellie Mae logo and other trademarks or service marks of Ellie Mae, Inc. appearing herein are the property of Ellie Mae, Inc. or its subsidiaries. All rights reserved. Other company and product names may be trademarks or copyrights of their respective owners.