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.
