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All-in-OneCompliance,Quality &Efficiency
Discover theAll-in-One DifferenceCHRISTY RUSHINGSVP OF INFORMATIONTECHNOLOGY,ON Q FINANCIALENCOMPASS USERSINCE 2011
One Solution for Every Loan,Every Stage, Every DayMany mortgage technology vendorsboast “end-to-end” solutions. But lookclosely and you might see just a chainof various third-party technologiescobbled together to cover the loanlifecycle. Look closely between thosechain links and you’ll likely find criticalgaps and shortcomings that riskincorrect data, compliance violationsand added cost.Enter Encompass by Ellie Mae.Encompass is more than end-to-end, it’sall-in-one so you can succeed in today’shighly competitive, highly regulatedmarket. Fully connected, so you haveone system of record for all your loandata. All-in-one, so you can reviewcompliance, ensure quality and improveefficiency at every loan stage.“ The business rules that Encompass offers allow us torun data quality checks along the way, which is reallyimportant for us to ensure that we have a high-qualityproduct coming out of the back end, and that wehave the appropriate stop gaps so that each role in theprocess is doing exactly what they need to do.”
All-in-One Compliance, Quality & EfficiencyCRMPOINT OF SALEPROCESSINGGenerate better leads. Buildstronger relationships. Growfaster and stay compliant.Build your pipeline acrossmultiple channels, in the officeor on the go.Keep mortgages moving inthe right direction. Smartly,efficiently, electronically.Use integrated one-to-onemarketing and business intelligenceto capture and close more businessfrom referral partners, prospectsand clients.Encompass kicks off every mortgageon the right foot by letting you:All the tools and technology youneed to process at top speed, stayorganized and pave the way toeasier underwriting—even in theKnow Before You Owe era. Dramaticallyincreasemarketing effectiveness withpersonal, individually tailoredcommunications. Stayengaged and maximize leadopportunities. Turn prospects into customers. Retainbusiness and boostcustomer satisfaction. Getunparalleled integration,automation, compliance andsecurity. Provideretail borrowers with aneasy-to-use consumer self-servicechannel to check rates andsubmit applications at anytimefrom any device. Configurespecific workflowsfor retail, wholesale andcorrespondent lending. Keepborrowers and thirdparty originators informed withautomated online status updates. Createa new loan and monitorits progress from any mobiledevice to keep your businessmoving forward. Customizean interactive websiteexperience for third-partyoriginators and correspondentlender. Easilyautomate Know BeforeYou Owe (KBYO) fee itemization,management and disclosuretracking. Automaticallyreview loans forcompliance with all local, stateand federal regulations. Gopaperless and leverage eSigncapabilities. Securelyaccess and updateloan files, order credit, and runproduct and pricing from anymobile device. Electronicallyorder services—4506-T, flood, fraud, appraisal,credit, etc.—right withinEncompass.
UNDERWRITINGCLOSING & FUNDINGPOST-CLOSING & SHIPPINGShave hours—even days—offunderwriting.Close every loan with confidence.Build better investorrelationships and get loanspurchased faster.Underwriters overburdened?Encompass lightens the load andlessens the risk of something gettingmissed because it lets you: Automaticallyassess, verify andvalidate overall loan complianceand eligibility. Runautomated underwritingright within Encompassusing Fannie Mae DesktopUnderwriter and Freddie MacLoan Product AdvisorSM. Checkeligibility and data qualityusing Fannie Mae EarlyCheck and Freddie Mac Loan QualityAdvisor. Opencomplete visibility betweenprocessors and underwritersto increase collaboration andefficiency. Compareand review documentsefficiently, side by side, right onyour screen.Closing time is crunch time.Everything has to click. Encompassmakes sure everything does byletting you: Drawaccurate, compliant closingdocs efficiently and automaticallywithin Encompass. Generateloan packages thatare automatically stacked andordered however you or yourinvestor require them. Automatedata verification andcompliance checks into yourclosing process. Orderand receive fee quotes,title reports, closing docs andservices. Auto-populatedata from theloan file directly into your closingdocuments. Createyour UCD file and deliverit directly to Fannie Mae UCDCollection Solution and FreddieMac Loan Closing Advisor(coming December 2016).Become the reliable source forquality, compliant loans while givingyour investors everything they needto purchase the loan quickly. Sendinvestors secure,tamper-proof loan documentselectronically for review, directlyfrom the loan file in Encompass. Easilydemonstrate how ATR/QMeligibility was determined. Leverageintegrated tools forpurchase advice reconciliationand interim servicing.
Stay Efficient, Compliant & SuccessfulELECTRONIC DOCUMENTMANAGEMENTCOMPLIANCE & LOAN QUALITYSECONDARY MARKETINGMeet compliance and qualitydemands with ease andconfidence.Deliver trades that meetagreements and maximizeprofits.Ensure compliance and quality upand down your entire organizationand loan pipeline.Give your secondary marketersthe power to make smarter, moreinformed decisions, sooner.Employees spending more timeat the printer than at their desks?Instead, use Encompass to: View Send Complywith Know BeforeYou Owe (KBYO) disclosurerequirements. Automaticallyreview loansagainst more than 370 federal,state and local rules andregulations. Usea Compliance ManagementSystem and single dashboardto comply with CFPB rules forpolicy enforcement, vendormanagement, employeeeducation and customercomplaints. Ensurequality loans usingindustry best practice andchannel-specific workflows. Easilydemonstrate proof of ATR/QM compliance for investors andaudit purposes.investor product andpricing right from the Encompassloan file and align it with yourlock desk process. Gainearly visibility into yourpipeline—know the loans thatare coming and when they’reclosing. Leverageintegrated tools forpurchase advice reconciliationand interim servicing. Managefunding capacity moreeffectively.Eliminate paper and originatewith total efficiency.and track federal and statedisclosures for all 50 states. Ensurethe right disclosuresare ordered with automatedauditing. Giveborrowers the option toeSign disclosures via the sameportal through which theyapplied for the loan. Identifyand classify documentsusing intelligent documentrecognition. Keepdocuments secure andorganized right within theloan file.
Stay Ahead of Rising Origination CostsREPORTING & ANALYTICSSAASROIMake sure your business,branches and employees arefiring on all cylinders.Focus on closing loans, notIT tickets.Reach new levels of profitability.Gain real-time insight into yourpipeline and business withEncompass’s built-in reporting toolsthat let you: Viewreal-time data directly fromyour pipeline. Configuregraphical dashboardsand reports to quickly see thedata you want to see. Analyzedata from a management level or drill down to eachbranch or employee.where and why yourteam is excelling.Choose Encompass on-demand asSoftware-as-as-Service (SaaS) andtrust in our Service OrganizationControl 2 (SOC 2) and SOC 3industry-standard certified datacenters to: Secureyour data behind thelatest data protection, systemredundancy, failover protections,24x7 monitoring and disasterrecovery. Comply Eliminate Understand Always Uncover Reduceareas where Encompasstraining or education couldimprove performance. Automatecompliance for HMDAreporting requirements.with CFPB regulations.unnecessary IT costs.receive the latest updatesautomatically.your cost of ownership,and pay based on the number ofloans you close per month.Operating at high efficiency isthe key to staying productive andprofitable, and Encompass is builtto help you do exactly that.An independent study byMarketWise Advisors, LLC revealedlenders using Encompass couldachieve: 970.14potential savings andvalue per loan. 446.64reduction in per-loanorigination costs. 477%projected ROI. Averagepayback period of2.64 months.
THE POWER OF ALL-IN-ONESay goodbye to additional contracts or third-party vendors. Encompass’sservices and solutions let you profit from a single system of record and allthe efficiency that comes with an airtight all-in-one workflow.Ellie Mae Network Encompass Flood Service Ellie Mae ComplianceManagement System Encompass Fraud Service Encompass 4506-T Service Encompass Appraisal Service Encompass Product & PricingService Encompass Compliance Service Encompass Title & Closing Center Encompass Consumer Connect Encompass TPO Connect Encompass CRM Encompass WebCenter Encompass Loan Officer Connect Encompass Docs Solution Encompass Electronic DocumentManagement Ellie Mae Total Quality Loan programEllie Mae, Inc.4420 Rosewood DriveSuite 500Pleasanton, CA 94588T 925.227.7000F 925.227.9030elliemae.comNYSE: ELLI 2016 Ellie Mae, Inc. Ellie Mae , Encompass , AllRegs , DataTrac , Ellie Mae Network ,Mavent , Mortgage Returns , Prospect Manager , Total Quality Loan , True CRM , EncompassTitle & Closing Center , TQL and the Ellie Mae logo are trademarks of Ellie Mae, Inc. or itssubsidiaries. All rights reserved. Other company and product names may be trademarks orcopyrights of their respective owners. 101016AH
Enter Encompass by Ellie Mae. Encompass is more than end-to-end, it's all-in-one so you can succeed in today's highly competitive, highly regulated market. Fully connected, so you have one system of record for all your loan data. All-in-one, so you can review compliance, ensure quality and improve efficiency at every loan stage.
