American Brokers Conduit partners with Ellie Mae Inc.MortgagePress.comAmerican Brokers Conduit,Ellie Mae
American Brokers Conduit (ABC) has announced their partnership
with Ellie Mae Inc., a mortgage industry software and services
provider. In early October, ABC joined the Ellie Mae ePASS Network,
allowing brokers to submit their 1003 lock information through
their desired loan origination system (LOS) or through ClickLoan,
Currently, more than 37,000 brokerages utilize the ePass Network,
which averages dmore than 125,000 visits per day.
With the introduction of ePASS and ClickLoan to ABC's menu of
broker tools, the lock process will be simplified, allowing
mortgage brokers to upload lock information online from two
additional points of entry. Approved brokers will be able to upload
their borrowers' lock data directly from their LOS through the
ePASS Network with just two clicks of their mouse. Brokers will
simply select American Brokers Conduit from the ePASS preferred
lender list and then click on "Register/Lock New Loan" from within
the ABC storefront. Users will then be able to proceed with
uploading their lock information.
In addition, ClickLoan will allow approved mortgage brokers to
upload their borrowers' lock information directly into www.abconduit.com through their
preferred LOS. Mortgage brokers will log into the ABC Web site and
have the ability to select from five leading programs--Encompass,
Genesis 2000, Contour, Calyx Point and Byte--and upload loan
information securely from whichever LOS they prefer. Both the ePASS
and ClickLoan upload options will be available 24 hours a day,
seven days a week. In the last year alone, more than eight million
transactions were completed through the ePass Network.
For more information, visit www.abconduit.com.