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Strengthen your marketing by transitioning from mortgage broker to mortgage banker
Ellie Mae integrates MILA's DecisionPointmortgagepress.comDecisionPoint, automated underwriting system, ePass
MILA Inc. has added DecisionPoint, its automated underwriting
system, into Ellie Mae's ePASS (Electronic Processing and
Submission System) software. MILA's addition will provide
registered ePASS users with a larger network of lenders from which
to choose through their specific loan origination software
(LOS).
The Ellie Mae ePASS system is a universal translator that
enables different LOS programs to communicate clearly and quickly
with lenders and settlement providers. Brokers can pull credit and
title, order appraisals and deliver the complete loan file directly
to DecisionPoint from any location. Upon doing so, the broker will
be able to select their loan file while ePASS automatically
re-configures the file to be compatible with MILA's DecisionPoint
technology.
After a broker submits their file to DecisionPoint, a loan
commitment, complete with conditions, is generated in seconds. The
loan is then dropped into AccessPoint, MILA's loan management
system, for around-the-clock management functionality of all loans
in the pipeline.
For more information, visit www.mila.com.
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