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FHA loans: Help for first-time homebuyers

Nov 21, 2005

Allied Home Mortgage to leverage Ellie Mae's EncompassMortgagePress.comAllied Home Mortgage,Ellie Mae,Encompass Allied Home Mortgage Capital Corporation is adding Ellie Mae's Encompass mortgage automation system to its menu of selected loan origination tools. "We pride ourselves on setting the pace for mortgage technology adoption," explains David Langston, Allied's chief information officer. "When we see new, advanced technologies that significantly improve operational efficiency, we examine them closely. We consider it our duty to make our branch offices and our originators more productive, and Encompass helps us do just that." Allied found that Encompass offered an effective solution to many prevalent industry issues, including decentralized communications, security risks and compliance concerns. "We have over 3,000 originators in our organization," says Langston. "With a dispersed user population such as ours, Encompass provides us the invaluable opportunity to centrally manage our users' custom documents, loan programs and templates. Instead of these being stored and updated locally one at a time, we can manage everything centrally. This not only provides us much greater management control, but also ensures company-wide compliance." Headquartered in Houston, Allied Home Mortgage is among the largest privately held mortgage bankers/brokers in the country. Dublin, Calif.-based Ellie Mae is a service and software provider for the mortgage industry. For more information, visit www.mortgageasap.com or www.elliemae.com.
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