First American Expands Ellie Mae Integration to Streamline Fee Collaboration, Ordering
July 28, 2016
Ellie Mae, a provider of software solutions and services for the residential mortgage industry, announced an enhanced integration with First American Title Insurance Company to enable rate and fee quoting, title and settlement ordering, and collaboration on Closing Disclosures.
“We’re excited to enhance our integration with Ellie Mae,” said Chris Leavell, chief operating officer for First American Title. “It demonstrates our shared commitment to support lenders solutions designed to expedite Loan Estimate and Closing Disclosure production. The expanded integration allows lenders to exchange notes, documents and Closing Disclosure data with both our centralized lender arm, First American Mortgage Solutions, and with our local First American Title offices across the country.”
With this enhanced integration with First American, users of Ellie Mae’s Encompass now have a more streamlined workflow, giving the user the ability to import rates and fees and revised title-related fees directly into the Closing Disclosure. Additionally, the enhancement offers bi-directional communication allowing customers to exchange data and documents via a secure portal.
“We recognize that the regulatory changes impacting the industry have created a greater need for collaboration between the lender and the settlement agents,” said Joe Tyrrell, executive vice president of corporate strategy for Ellie Mae. “Through the expanded integration with First American Title, Ellie Mae is streamlining the title ordering and collaboration process for lenders and settlement agents. We will continue to work with industry leaders, like First American, to ensure that our lenders have the best experience and easiest path to true collaboration.”
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