SOURCECORP Inc. and Ellie Mae Inc. have announced that the companies have partnered to develop an integrated solution to enable Ellie Mae customers to securely and efficiently transfer electronic loan files. Customers using Ellie Mae’s Encompass360 can securely submit their electronic loan files into FASTRIEVE, SOURCECORP’s Web-based electronic document repository and workflow management system.
The integrated solution enables loan file images to be automatically batched and delivered to correspondent lenders and servicers as needed. Secure data transmission ensures that all proper images are transferred; eliminating missing documents and saving the time and cost associated with manually copying and uploading individual documents.
“Previously, the process of exporting images from Ellie Mae Encompass into FASTRIEVE was time and labor intensive. But with the new integrated solution, the process is automatic and seamless, saving Ellie Mae customers anywhere from 5 to 15 minutes per file,” said Michael Zwall, director of Mortgage Services for SOURCECORP’s BPS Division. “With an unparalleled level of configurability, our industry leading technology enables integration with key service providers, like Ellie Mae, to support a paperless workflow throughout the origination process.”
For more information, visit www.sourcecorp.com or www.elliemae.com.