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Ellie Mae launched a new version of Encompass, its mortgage management solution, adding extensive updates to support construction loans. The newest 17.1 update also introduces better integration.
Ellie Mae Announces New Major Release of Encompass All-in-One Mortgage Management Solution Release Offers Additional 2018 HMDA and New Correspondent Trade Enhancements October 16, 2017 09:00 AM.
About Ellie Mae Ellie Mae (NYSE:ELLI) is the leading cloud-based platform provider for the mortgage finance industry. Ellie Mae’s 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.
Ready to stop struggling with collecting or completing HMDA data early in the loan process? The classroom and online sessions below can help you to hone the early Encompass workflow around collection and recording to help streamline reporting. You’ll also learn how to use Encompass to generate your Loan/Application Register (LAR) to submit to the CFPB platform.
HOME MORTGAGE DISCLOSURE act (hmda) 5 ellie mae’s HMDA Strategy Our goal at Ellie Mae is to make new data fields available well before the required data collection timeframes, so you can have adequate time to train your people. Our projected timetable is as follows: Q2/Q3 2017: Introduce all new fields and calculations.
Interested in closing more loans, faster, and at a reduced cost? Take advantage of our Digital Mortgage Webinars to learn how Ellie Mae’s all-in-one solution can help enable more productive interactions between lenders and borrowers.
In preparation for the 2018 changes to Home Mortgage Disclosure Act data collection and reporting, Ellie Mae has launched a new release of Encompass.. Through Encompass 17.4, Ellie Mae aims to support the 2018 changes while improving efficiency and compliance. For clients needing to report HMDA under multiple entities with separate reporting requirements, lenders will be able to develop a HMDA.
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Ellie Mae (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced today that it has launched a new major release of its Encompass digital mortgage solution. The release of Encompass 18.2 will help lenders of all sizes originate more loans, lower origination costs and shorten the time to close with compliance, efficiency and quality.
Fannie to keep tinkering with credit-risk transfer formula Since 2013, Fannie Mae has transferred a portion of the credit risk on single-family mortgages with unpaid principal balance of over $1.3 trillion, measured at the time of transaction, through its.
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