Bush administration announces more than $650 million to assist very low-income elderly and people with diabilities

NYLX and Ellie MAe announce enhanced integration between Encompass LOS and NYLX pricing solutionMortgagePress.comNYLX, Ellie Mae, Encompass Mortgage Management System, forms NYLX, a provider of point-of-sale product eligibility and pricing technology systems, has announced enhanced product integration between NYLX's LoanDecisions product eligibility and loan pricing engine (PPE) and the Encompass Mortgage Management System, Ellie Maes award winning loan origination and mortgage management technology. This enhanced integration is enabled by an Encompass upgrade that empowers users to seamlessly access NYLX-provided product and pricing, directly from the Encompass lock request forms. "Especially at a time when accuracy and efficiency are playing such a key role in the profitability of a business, we're pleased to be providing Encompass users with the most efficient and complete transfer of loan information from a product eligibility and pricing system into the Encompass system," says Steve Koenigsberg, executive vice president of product development at NYLX. "Enhancing usability for mutual clients of NYLX and our technology partners is part of NYLX's continuing commitment to providing solutions that are of the utmost benefit to our clients, our technology partners and the industry." As a result of the integration, Encompass now automatically populates the lock request form with updated pricing once users have completed pricing within the NYLX system. This allows for seamless lock submissions to the clients secondary department via Encompass. Previously, NYLX clients needed to go outside of the Encompass system and manually submit locks to their secondary departments. This enhancement not only saves time, but also increases accuracy for NYLX clients using the Encompass solution. "This kind of efficiency translates directly into cost savingssomething that's a huge priority for virtually every organization in the business these days," says Richard Roof, senior vice president for Ellie Mae. "By upgrading Encompass' integration with NYLX's product eligibility and pricing engine, we're giving mutual clients of Ellie Mae and NYLX the ability to avoid re-keying data, while also providing them with the capacity for seamless lock submissions. This efficient, seamless interface brings the cost-cutting benefit of increased accuracy and more controlled costs from origination to lock submission." For more information, visit www.nylx.com or www.EllieMae.com.