What's New


Encompass Training Roadshow – Events Underway & Spots Are Filling Fast

The Encompass Training Roadshow is underway. Next stops: Orlando, Charlotte, Madison, and Short Hills (NJ). Delivering deep dive, hands-on Encompass training, the sessions are interactive, informative, and proven to advance critical skills and improve key processes. So, find your stop on the Roadshow…

         August 14-15: Orlando, FL 
         August 17-18: Charlotte, NC 
         September 18-19: Madison, WI
         September 21-22: Short Hills, NJ

…then sign up ASAP to take advantage. Dates and seating are very limited.


Encompass 17.3 is Here and HMDA Ready

Encompass 17.3 is hear and hardwired to handle HMDA. This is a key update that will help you stay compliant, confident, and efficient. Detailed release notes are available in the Resource Center, but here are some key highlights:

     •   New updates to support 2018 HMDA changes, including support
         for repurchased loans

     •   Construction Management updates including LTV updates and new Disclosed
         Purchase Price

     •   FHA 203(K) updates including a new popup for Existing Debt calculations 
     •   Ability for TPO users to manage correspondent trades
     •   New Correspondent Purchase Advice features


Read the release notes to learn more about Encompass 17.3.
  

User Tip: Use Import Function to Duplicate Loan/Improve Efficiency

Here’s a super simple tip from Dale Livingston, SVP Lending at Kohler Credit Union:

     •   You can use the "import" function to duplicate a loan without the assets, liabilities or
          transaction specific data such as Subject Property Address, Purpose of Loan, Loan
          Amount
.


Webinars – Wholesale/Correspondent, Product & Pricing, Improving LO Productivity

Want to know the latest and greatest ways to use Encompass to make smarter product and pricing choices, boost LO efficiency and performance, or maximize wholesale and correspondent channels? These webinars can help:

     •   How to Optimize Your Wholesale & Correspondent Channel


     •   A Pricing Engine Shouldn’t Be a Challenge to Work With


     •   Drive More Business with Encompass Loan Officer Connect™


Encompass Data & Docs Solution: Get Loans Purchased Faster

The new Encompass Data & Docs Solution™ helps get loans purchased faster. A secure, system-to-system workflow within Encompass, it directly connects lenders to investors to ensure you send accurate, compliant, and tamper-proof loan data and documents on every loan investors receive through the solution. This new solution lets you:

     •   Make it easier for investors to do business with you
     •   Eliminate multiple log ins
     •   Batch upload loan data and documents
     •   Reduce time to loan purchase by minimizing conditions and stipulations


And it works. “In four months, using Encompass Data & Docs Solution, we saw a four-day improvement in loan delivery to purchase,” shares Thomas Knapp, Chief Information Officer at Waterstone Mortgage Corporation. “With no other changes to the process, we have increased our first-pass rate, which puts us in better tier pricing, and we’re also turning our warehouse faster."


ClickPoint Mortgage Lead Management available in Encompass

The ClickPoint integration with Encompass provides a data exchange between the two systems that improves efficiency for lenders. With the click of a button, Encompass users can instantly look up any lead or prospect that resides in the SalesExec mortgage lead management software. ClickPoint enables mortgage companies of all sizes to capture and route digital leads and phone calls to the best loan officers, ensuring each prospect is called and emailed at the right time. ClickPoint helps lenders to:

         Quickly onboard loan officers and improve results from lead sources with an
          automated lead routing, lead scoring, email marketing, and dialing solution
         Respond instantly to leads and improve sales performance with shotgun lead routing
          round-robin, shark tank, and other advanced lead prioritization method


Close Seamlessly with Timios in Encompass

Timios is dedicated to making every step in a real estate transaction open and transparent. With nearly 50,000 transactions closed in 2016, totaling over $8 billion, Timios offers streamlined closing services, title insurance, appraisal management services and default services in Encompass with 24/7 client access via the Timios website or with our mobile app.  Visit timios.com for free fee quotes and a free closing cost calculator. Timios offers Encompass users:

     •   Immediate response times
     •   Instant guaranteed pricing
     •  
One-to-one customer service
     •   TRID compliance

     •   On-time funding


MRG Dynamic Document Prep Available in Encompass

For over 35 years, the Mortgage Resources Group, LLC’s (MRG) team of compliance experts have been providing lenders nationwide with legally defendable dynamic document preparation packages backed by a $10 million E / O policy. Their compliance solutions with built-in compliance checks combine years of real estate law experience, in-depth compliance insights, and state-of-the-art technology to compliantly document mortgage transactions to mitigate lender risk and alleviate compliance guesswork.

MRG is passionate about their Encompass integration so our users can focus on generating and maintaining a profitable business in the most challenging of market conditions.

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