The reality of RESPA-TILA is close. You need to be dialed in by October 3. You need the educationand tools that can get you prepared to wrangle this regulatory t-rex. This edition of NewsFlash delivers the ways to do it.
and interactive — our full-day RESPA-TILA workshops are your exclusive
opportunity to learn how to use Encompass to comply with new Integrated
Mortgage Disclosures before October 3. Click here for locations and dates – and sign up for the one nearest you.
Use one of our exclusive 3-day Train-the-Trainer workshops
to leverage our knowledge to teach your team. This intensive, hands-on
3-day workshop is designed to teach Encompass customer’s training teams
to deliver the Hands-on RESPA-TILA Workshop. Time is tight, so register
for the session nearest you right now.
90 minutes of 1-on-1 advice from the Ellie Mae Compliance Team on
leveraging Encompass to simplify RESPA-TILA compliance. You create the
agenda. You get the answers you need. Register now – these are offered only through September 24, 2015, and availability is limited.
A complimentary recording of our recent webinar – Closing Disclosure: A Step by Step – is now available here.
Watch it and learn from Ellie Mae experts as they review the
changes and provide an Encompass Closing Disclosure walk through.
just added the next batch of answers to our RESPA-TILA FAQs. Authored
by the Ellie Mae team of compliance experts, this online resource
delivers clear, concise answers that will help you better understand and
more effectively prepare for the new rules. Visit the new RESPA-TILA
with content, the Ellie Mae Client Resource Center is packed with
documentation, updates, answers, resources and tutorials. Take advantage
– visit and bookmark the RESPA-TILA section of the Ellie Mae Client Resource Center. It’s there to help you tame the bronto-sized RESPA-TILA beast.
Encompass Hot Update – What You Need to Know About 220.127.116.11 We are polishing 15.1 to make it work better and better. On August 15, we launched an Encompass update, 18.104.22.168, to include:
Free Webinar Recording – Taking Encompass 15.1 Beyond RESPA-TILA Encompass 15.1 is geared to be RESPA-TILA ready – but it’s also a lot more. Watch this webinarand get to know the expanded capabilities of 15.1, including:
Updated WebCenter functionality to expand correspondent support
Significant enhancements to EPPS & Secondary Marketing tools including Historical Pricing and Auto-Lock
What’s Your Big Idea? Let Us Know at the Encompass Idea Center The new Encompass Idea Center
leverages the power of you – the User Community. It’s designed to offer
deeper visibility and involvement in the company’s roadmap and
development process by providing you the means to suggest and vote on
new product enhancements and collaborate with colleagues and our Product
And to get it rolling right, the Idea Center team will be conducting two webinars for clients to introduce the new resource.
How does it work? Watch this video.
If you have an idea that you are passionate about, then submit it and
get the voting started. Every idea is a good one – and the ideas that
generate the most votes and comments let us know what our User Community
is really looking for. This how our Product Team gets a handle on which
ideas to consider.
Get involved. Check out theIdea Center. And bring your ideas – we know you have some.
2016 ELLIE MAE EXPERIENCE USER CONFERENCE
Registration Now Open – Get Ready for Magic Ellie Mae Experience 2016will
be held at the Wynn Las Vegas from February 29 – March 2. And this year
it’s bringing some extra Magic, along with the comprehensive
networking, training and sessions that make this a must-attend event for
any Encompass users.
Registration is now open. Join 2,000 mortgage pros to network, grow your business and expand expertise with:
24 interactive and strategic breakout sessions
One full day of pre-conference training
Powerful, insightful speeches, including from basketball legend Earvin “Magic” Johnson
Origination Insight Report – Rates Up, Closing Climbs We just released our July Origination Insight Report, and it shows that interest rates on mortgage loans in July reached their highest levels since the fall of 2014.
Mae’s data also showed that lenders’ share of purchase loan volume
climbed to 63%, an increase of 22 points since February. Nearly
two-thirds of loan applications, or 66.2%, closed in July, the highest
level since Ellie Mae began tracking this data in August 2011.
Meanwhile, the closing rate on purchase loans climbed above 70%for the
first time in four years.
Ellie Mae and Fannie Mae Team Up to Expand Strategic Partnership
Mae has entered into a strategic partnership with Fannie Mae to further
integrate Fannie Mae’s suite of risk management tools into Encompass.
will collaborate to provide joint clients enhanced functionality that
will help ensure loans meet Fannie Mae requirements from eligibility to
loan delivery. Joint customers will be able to leverage Ellie Mae and
Fannie Mae leading technologies from within a unified workflow
environment in Encompass, giving lenders a more efficient process for
delivering quality loans to Fannie Mae with greater certainty.
MI is now available within Encompass. The Ellie Mae Network integration
supports both delegated and non-delegated orders. Arch MI
customers can also submit their loan documents and obtain rate quotes
without ever having to leave Encompass
MI is an increasingly popular choice for lenders, offering innovative
insurance solutions like Portfolio PowerSM (available through Arch
Mortgage Guaranty Company), which provides coverage for loans that fall
outside the box without increasing exposure and guarantees true
“day-one” rescission relief.
more information on Arch MI, or for help getting started on ordering
Arch MI on Encompass, please contact Will Vickers, the company’s VP of
Industry Technology at (336) 486-1421 or firstname.lastname@example.org.