February 2019
Product News
Encompass 19.1: Major Release Rolls Out to All February 9th

The Encompass 19.1 release will be generally available on Saturday, February 9th. This major release includes enhanced HELOC support to help you originate more loans, and improved efficiencies to help you speed performance.

HELOC origination support includes:
  • New HELOC calculator that lets you identify maximum draw amount and credit limit
  • Improved product eligibility with new parameters for lock requests
Efficiency and performance updates include:
  • The ability for authorized users to customize their Pipeline View  

Dive into release details and watch our 19.1 webinar on-demand for an in-depth walkthrough of key enhancements. Read the release notes.
Big Changes Are Coming - Sign Up To Get URLA Ready

Any lender whose business model involves the sale of loans to GSEs will need to make major workflow changes to originate, process and underwrite loans, using the new URLA - starting July 1, 2019.  We understand that major industry changes are hard.

To get you ahead of the learning curve – and your competition – we’ve developed a no charge resource for you to BE URLA READY. Visit today, and check out its tools, get your questions answered, learn about training opportunities, and get on the “I Love URLA” email list so all the latest updates can be delivered right to your email.
The New AllRegs Online: Elevated Efficiencies, Reduced Risk and a Better ROI

AllRegs Online – your single source for agency guidelines, state and federal compliance regulations, and correspondent investor information – just got better. Updates include an intuitive homepage, an improved centralized search, and an updated document view, and administrative functionality to manage user and groups.  Have 2 minutes to spare?  Check out our product overview video.
Keep it Simple - Ordering Mortgage Insurance

Encompass MI Service™ is now available within Total Quality Loan®.  Experience a simpler, more streamlined MI ordering process that can:

  • Improve operational efficiencies
  • Process multiple rate quotes simultaneously
  • Reduce manual steps needed such as re-authentication
  • Monitor key data changes
  • Alert Encompass users when to re-order a rate quote or MI certificate

Watch this short on-demand webinar to get all the information you need to get started. Or check out our User Guides available in the Resource Center.
Education & Services
Get Your Policy Manuals Up-to-Date and We’ll Add URLA Education for 50% Off

Get your policy and procedure manuals dialed in, and – at the same time – get the tools to help you prepare for the new URLA’s impact. For a limited time, we’re offering 50% off our URLA Instructional Guide with the purchase of a 4-pack policy bundle. Contact your account executive to learn more.
The Path to Success in 2019 – New Classes Ellie Mae Academy

Whether you’re looking to save time and clicks when ordering mortgage services or want to ensure a high-quality loan process, we’ve got role-based training just for you on topics ranging from Ellie Mae’s Total Quality Loan (TQL) to the Ellie Mae Network (EMN) to sophisticated Government Sponsored Enterprise (GSE) integrations with Fannie Mae and Freddie Mac.

Log in to Ellie Mae Academy via the Resource Center and enter "Ellie Mae Services" in the Class Catalog to enroll in these and other classes.
Freddie Mac Loan Quality Advisor®

There are system admin and end user classes available for setting up Freddie Mac Loan Quality Advisor®. Log into Ellie Mae Academy via the Resource Center and enter "Freddie Mac" in the Class Catalog to find these classes.

Loan Quality Advisor® is a free tool that assesses loan data to help lenders determine if a loan is eligible for sale to Freddie Mac. It's available to all lenders even if you are not an approved Freddie Mac seller. This course for admins shows how to complete registration for system-to-system access to Loan Quality Advisor and receive company level credentials.

The course also covers manual configuration and notification workflow. There is no additional cost to Encompass customers. The end user course shows how to access Loan Quality Advisor and how to use the Order Alert Workflow.
Experience 19: Network and Learn from the 2019 Hall of Fame Winners  

Experience is coming up soon – March 10-13, 2019 in San Francisco. Join us for an incredible event that includes hearing directly from the 2019 Hall of Fame winners who have distinguished themselves with their innovative use of Ellie Mae technology. They will share their success and will be available to you for one-on-one conversation. Don’t miss it.      
New: Fannie Mae® to Sponsor at Experience 19 Developer Summit

We are excited to announce Fannie Mae as the sponsor of the Experience 19 Developer Summit, a two-day track filled with highly technical content designed for software developers and data scientists. It’s an amazing opportunity to code 1:1 with Ellie Mae experts and technology rock stars. Learn more.
Cool Customers
The Envelope Please: Ellie Mae Announces 2019 Hall of Fame Winners and Finalists

Here they are, the 2019 Ellie Mae Hall of Fame inductees. We received an overwhelming number of entries that included outstanding metrics and ROI. And the awards go to…
  Partner News
Improve your processes and workflow with FirstClose

Integrated in Ellie Mae’s Digital Mortgage Solution™, FirstClose now provides the ability to order title and valuation without leaving Encompass®, all while using your own vendors. Features and benefits include:

  • Order appraisal and title products directly within Encompass
  • Access to fully integrated national title and appraisal partners
  • Auto-populated report fields
  • Key data elements on Completion Property Parcel ID (APN)
  • Long legal description
  • Appraised value
  • Communicate to vendors and FirstClose inside Encompass
  • Eliminate human errors and duplicate data entry
  • Decreased loan turn-times and cost savings
  • One source for vendor management

With FirstClose’s accelerated property data intelligence, users have seen up to 40% reduction in turn-times and significant cost savings, leveling the playing field for lenders of all sizes.