Encomia, a provider of end-to-end eLending technology, announced the launch of its own eLending blog, www.encomiablog.com.
The blog will provide information and facilitate discussions regarding the technical and operational aspects of eLending technology for professionals involved in mortgage, consumer, automotive, commercial and other forms of lending. In addition, the blog will share information pertaining to its adoption among financial institutions, while addressing various topics highlighted in the mortgage and lending press.
"A discussion forum that is exclusive to eLending is long overdue," said Andrew Krieger, COO of Encomia. "While the use of electronic lending technology has grown at a rapid pace, the number of information sources on eLending has remained small. This blog provides a discussion board that educates visitors on a wide range of topics surrounding eLending and eLending technology."
"Over the years, Encomia has received excellent feedback from our customers in the mortgage industry who have won over and retained many satisfied borrowers as a result of the convenience and speed afforded by electronic lending technology," said Andrew Dubinsky, CEO of Encomia. "As an eLending pioneer, we feel that it is Encomia's responsibility to provide an easily accessible resource that can be used to learn and share information about electronic lending technology and to further perpetuate its use and growing popularity."
eLending technology makes the lending process easier for borrowers, and faster and cheaper for lenders. A link to the documents is sent to borrowers by e-mail, allowing them to review and sign them electronically. Lenders benefit from the ease and speed of paperless originations, and the unlimited audit capability of fully electronic data.
For more information, visit www.encomia.com.