Ellie Mae Announces Integration with Qualia
August 25, 2016
Ellie Mae announced its Encompass mortgage management solution has been integrated with Qualia’s cloud-based settlement software.
The integration allows rate and fee quoting, title and settlement ordering on Closing Disclosure forms, and document sharing directly from Encompass. According to the companies, this will give Encompass users a more streamlined workflow and the ability to import rates and fees and revised title-related fees directly into the Closing Disclosure.
“At Ellie Mae, our goal is to give our lenders a simple and consistent experience for easy collaboration and communication. To do this, we partner with industry innovators to extend our reach and capabilities,” said Joe Tyrrell, executive vice president of corporate strategy for Ellie Mae. “Our new integration with Qualia offers quoting and ordering directly from Encompass to ensure compliance, loan quality and efficiency for customers of all sizes.”
According to Ellie Mae, Encompass is licensed by almost 200,000 users and thousands of banks and mortgage lenders, including seven of the top 25 largest U.S. mortgage lenders.
“Qualia's new integration with Ellie Mae is an important step in modernizing the closing process,” said Nate Baker, CEO of Qualia. “Our customers and their lender partners will eliminate costly communication errors and delays, redundant data entry, and compliance missteps.”
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