- Business Rules
Ellie Mae Launches Encompass Loan Officer Connect
An Extension of Encompass Built on the Encompass Lending Platform Enables Loan Officers to Originate and Communicate Anytime, Anywhere
PLEASANTON, Calif. – January 9, 2017 – Ellie Mae® (NYSE: ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, today announced the launch of Encompass Loan Officer Connect™. Encompass Loan Officer Connect is designed specifically to enable Loan Officers to be more effective and efficient when serving their borrowers, through a robust, scalable mobile extension of Ellie Mae’s Encompass all in one mortgage management solution built on Ellie Mae’s Encompass Lending Platform™.
Available today, Encompass Loan Officer Connect helps loan officers increase productivity and efficiency while delivering superior customer service anytime, anywhere.
Encompass Loan Officer Connect offers:
Increased Productivity and Efficiency: Loan Officers can originate loans through a streamlined process, update loan files with a touch, view contacts associated with the loan with a simple swipe and keep the loan moving through the process no matter where they are. The solution is a direct extension of Encompass and can be accessed from iPhones, iPads and Android devices, letting users stay connected to their borrowers through easy access to loan pipelines, alerts, lock expiration dates and loan amounts.
Real-Time Results and Superior Borrower Satisfaction: Loan officers can instantly qualify borrowers, run real-time product searches through Encompass Product & Pricing Service™, access borrower liabilities and FICO scores quickly from credit vendors, and create and display the best-possible loan scenario for the borrower right on the spot. Loan applications are created as Encompass loan files, therefore once the borrower is satisfied, Loan Officers can lock in the loan and the application flows through Encompass so data is always accurate and compliant within the single system of record. Loan Officers can stay in lockstep with the borrower’s loan process by checking status and alerts.
Security and Compliance: Encompass Loan Officer Connect includes built-in application security. Because Encompass Loan Officer Connect is not a separate system, but rather an extension of our lender’s system of record, data access is controlled by settings within Encompass, including client ID, user name, and password for authentication and access can be granted or revoked instantly by the Encompass system administrator. Two-factor authentication provides additional security and all data displayed to the user is stored directly in Encompass, with no data stored on a separate system or device.
“Encompass Loan Officer Connect extends the value and power of the Encompass Lending Platform,” said Jonathan Corr, President and CEO, Ellie Mae. “Encompass Loan Officer Connect gives loan officers a fully customizable and scalable solution that lets them originate and access loan files anywhere, from any device, to increase productivity and efficiency while offering superior customer service and support to meet the unique needs of their customers.”
The Encompass Lending Platform is the first open lending platform that provides customers, partners and independent software vendors with a secure, scalable platform, Application Program Interfaces (APIs) and developer tools to extend Ellie Mae’s Encompass® all-in-one mortgage management solution to add new functions, easily integrate Encompass with external systems and data, and to build and deploy custom applications in the cloud.
For more information on Ellie Mae’s Encompass Lending Platform, visit: http://www.elliemae.com/encompass/encompass-lending-platform
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.
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© 2017 Ellie Mae, Inc. Ellie Mae®, Encompass®, AllRegs®, 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.