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ClosingCorp Outlines Enhancements to SmartGFE Service

NationalMortgageProfessional.com
Feb 20, 2014

ClosingCorp has enhanced its SmartGFE service to include single sign-on capability for clients using Ellie Mae’s Encompass mortgage management solution to improve the user experience and increase productivity. Single sign-on provides access to multiple related but independent systems, in this case SmartGFE and Encompass. Users gain access to both systems by logging into any version of Encompass without being prompted to login separately to SmartGFE, which saves the user time and enables a seamless “one system” workflow. “Every opportunity to decrease the time our users spend accessing information between different systems can translate into making them more efficient,” said Tim Armbruster, CTO and senior vice president at ClosingCorp. “Encompass users will benefit from this seamless, more efficient workflow created by the automated login.” The single sign-on feature enables Encompass users to gain access to accurate GFE data for Blocks 3-8; cost estimates are based on the property address in the loan file as well as the lender’s business rules and preferred providers. Data derived from SmartGFE is guaranteed RESPA compliant, and each loan file includes a compliance certificate and comprehensive audit trail that tracks all changes in circumstance as well as fees. The enhanced SmartGFE provides automated user management functionality, which relieves system administrators from creating and managing user accounts. The system also includes the ability to output a list of local housing counselors to address one of the new qualified mortgage (QM) rules recently mandated by the Consumer Financial Protection Bureau (CFPB). “ClosingCorp continues to provide the industry with systems that meet its specific needs for data in a secure and compliant format, while giving originators the tools they require to be competitive in any market,” Armbruster added. 
Published
Feb 20, 2014
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