Ellie Mae tackling HELOCs with latest Encompass update

Ellie Mae tackling HELOCs with latest Encompass update

250 depending on coupon and maturity. But it’s a new week as we head into June. From overseas, scheduled news-wise, are two central bank decisions on Tuesday and Thursday. Also on Thursday is the UK.

There was a flurry of news from mortgage origination software provider ellie mae during the past week. On Monday, the company announced the latest version of its Encompass digital mortgage solution, which includes enhanced heloc support, Encompass Dynamic Data Management, and Mortgage Insurance Support for the Ellie Mae Total Quality Loan Program.

Pressures mean competitors are “reducing margins to earn more business.” Capital One is cutting 1,100 jobs as it stops selling new mortgages, citing a “challenging rate environment” and “highly.

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HUD’s Office of Inspector General (OIG) released the results of its audit of the City of New Orleans’ HOME Investment Partnerships program, which reveals that the city failed to protect more than $7.5.

Ellie Mae tackling HELOCs with latest Encompass update Ellie Mae is tackling home equity lines of credit loans with its latest Encompass Digital Mortgage Solution update as signs point to a surge in home equity borrowing.. robotic process automation technology is driving scale and efficiency.

"Ellie Mae is offering a complete digital mortgage solution to help our customers succeed in today’s competitive marketplace," said Jonathan Corr, president and CEO of Ellie Mae. "With this new release we’re offering innovation, enhancements and support so our lenders can grow their businesses with HELOCs, operate more efficiently.

Ellie Mae’s digital lending platform Encompass has been given an upgrade with several new features. The firm says its major new release will help mortgage lenders originate more loans, lower.

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Ellie Mae is the leading cloud-based platform provider for the mortgage finance industry. Our technology solutions enable lenders to originate more loans, reduce origination costs, and shorten the time to close, all while ensuring the highest levels of compliance, quality and efficiency.

Ellie Mae has just released a major update for Encompass. Ellie Mae is releasing Encompass ® 18.2 this Saturday, April 14 th, and Lender Toolkit has prepared a list of recommendations for users of this update: New FHA Informed Consumer Choice Disclosure Setting.

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Expanded HELOC origination support: To streamline the HELOC loan qualification process for consumers, Ellie Mae has added a new HELOC calculator to Encompass.

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