Skip to main content

FHA loans: Help for first-time homebuyers

National Mortgage Professional
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.
Published
Nov 21, 2005
CFPB, DOJ And OCC Hit Trustmark National Bank For 'Deliberate' Redlining

The Consumer Financial Protection Bureau and U.S. Department of Justice, in conjunction with the Office of the Comptroller of the Currency are taking action against Trustmark National Bank for alleged redlining violations.

Industry News
Oct 25, 2021
Reports: Evergrande Group Makes $83.5M Interest Payment

Faltering Chinese development firm fends off default with payment to international bondholders.

Industry News
Oct 22, 2021
FAR Establishes Borrower Engagement Division

Finance of America Reverse LLC announced its formally established Borrower Engagement Division.

Industry News
Oct 22, 2021
Automating Appraisals No Panacea For Removing Bias

With racism 'grandfathered in' to housing prices in minority neighborhoods, a solution to 'unconscious bias' is difficult to find

Industry News
Oct 21, 2021
Reports: Evergrande Group Arranges Bond Extension

Reuters, REDD say company's billionaire chairman has agreed to provide additional collateral to ensure a construction project tied to a $260M bond is completed.

Industry News
Oct 21, 2021
New American Funding Hires Regional Manager

Mark Tribuna will lead effort to expand company's partnership with affordable nonprofit builders in mid-Pacific region

Industry News
Oct 21, 2021