Encompass NewsFLASH: Training Roadshow, HMDA Prep Tools, & 17.3 Release

What's New

Encompass Training Roadshow — More Dates, Locations Added

The Encompass Training Roadshow is underway – and we’re adding more dates and locations. The Roadshow delivers deep dive, hands-on training pulled from our highly regarded and sold out Pre-conference Training at Ellie Mae Experience 2017. With sessions that are interactive, informative, and proven effective, the Roadshow gives you and your users the chance to advance critical skills, improve key processes, and learn how to ensure efficient, compliant, and airtight workflows. So, find your stop on the Roadshow…

         July 17-18: Washington, D.C.
         July 20-21: Chicago, IL
         August 14-15: Salt Lake City, UT
         August 17-18: Sacramento, CA
         September 18-19: Madison, WI
         September 21-22: Short Hills, NJ

…then sign up ASAP to take advantage of the discounted $895 per-user price – it increases to $995 thirty days before each event. Dates and seating are very limited.

Encompass 17.3: HMDA Ready & Coming Soon

Hardwired to handle HMDA, Encompass 17.3 is coming this summer. With several enhancements specifically added for the new collection and reporting requirements and timelines, 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
                o    LTV updates
                o    New Disclosed Purchase Price
     •   FHA 203(K) updates 
                o    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 Encompass17.3.

Get HMDA Smart: Two Tools to Help You Prepare

It’s coming – the deadline for new HMDA collection and reporting requirements and timelines – and you need to be ready before it gets here. Our HMDA Brief and on-demand webinar can help.

Take a look at the brief for a quick primer on how to prepare and what we’re doing to get you ready. Then, dive into the on-demand webinar recording. It features HMDA compliance and CFPB experts discussing the updated regulation in detail, what you should be thinking about right now, and key ways to prepare for the changes.

Take Advantage: Freddie Mac ACE Is in Encompass

As of June 19, Freddie Mac waived the appraisal requirement for select eligible mortgages, and lenders will be relieved of representations and warranties related to value, condition, and marketability of the property. This means you could save your borrower time and money if their loan’s eligible. So, how do you figure that out? You let Encompass figure it out for you – simply submit the loan file to Loan Product Advisor® and you get your answer – automatically. Download and view this recorded webinar and see how to write business rules that can streamline your process – and make customers happy – by automatically highlighting ACE eligible loans.

Maximizing Social Media for a Better Bottom Line

A recent Feedback Systems study revealed that 61% of organizations that engaged in social selling reported a positive impact on revenue growth. Better news? Using social media just got easier. Encompass CRM™ now lets you bring social media into your content marketing with a click. Just use the social media icons at the bottom of Encompass CRM’s Automated Marketing emails to instantly share on Facebook, Twitter, Instagram, Snapchat, and more.

Learn How to Increase Wholesale/Correspondent Profitability

Encompass TPO Connect™ is the new solution for optimizing your wholesale and correspondent channels. An on-demand webinar is available that will show you how to leverage this solution to:

         Increase volume, efficiency and profitability
         Improve TPO control, collaboration and visibility
         Close and purchase loans faster

Led by two Ellie Mae experts, this webinar overviews TPO Connect, then dives into ways it can elevate efficiencies in working with your TPO partners to help you boost profitability.

Love Golf? Get Ready for the 2nd Annual Ellie Mae Classic

The the 2017 Ellie Mae Classic tees off later this summer at TPC Stonebrae Country Club in Hayward, CA. This Web.com Tour stop includes two Pro-Ams, and four days of tournament play where the next wave of PGA stars will compete for a $600,000 purse. And this year were adding something more: a Celebrity Shootout where foursomes from the Golden State Warriors, San Francisco 49ers, NFL Alumni, and Pac-12 Conference will each compete for a great cause.

Follow the link below to learn more, see a schedule of events, and get your tickets.

New Mortech Advanced Pricing Integration Available in Encompass

A new advanced pricing integration from Mortech® is available in Encompass, eliminating the need to manually enter data by automatically transferring of detailed loan pricing information from Mortech into to the all-in-one solution. This new integration also provides Encompass users with:

         Third-party origination pricing functionality for a turnkey channel manager solution
         The ability to transmit proprietary pricing to Mortech for seamless distribution of
           initial and intraday rate changes
         Pricing with built-in base rates, SRPs, LLPAs, and layered profitability

Call 1.855.298.9327 or click below to learn more.

MyAMC Now Integrated in Encompass

MyAMC is now integrated in Encompass, offering an optimal user experience prominently based on customer feedback and featuring:

         Current turn times by market
         Pricing engine for accurate fee disclosures and TRID compliance
         Zillow property look-up feature
         PCI DSS compliant payment link
         Lender’s rules for collecting payment upfront or invoicing
         Order status history showing milestones and provides transparency

         Automated email updates – lender designates the recipients

Learn more by watching the MyAMC video presentation from Ellie Mae Experience 2017.

Access National MI Directly in Encompass

National MI’s seamless integration in Encompass provides users with an accurate and efficient experience when ordering mortgage insurance without having to leave their solution. National MI is easily located on the Mortgage Insurance “My Providers” page.  Users can quickly receive National MI Rate Quotes, order MI Certificates, and upload documents directly—all which help facilitate quicker loan closings.

For document submission instructions, download the user guide now.

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