ValuTrac Software has announced an integration with Ellie Mae, where it will integrate directly with Ellie Mae’s Encompass mortgage management solution to seamlessly facilitate the appraisal portion of the loan process. The integration will increase efficiency and remove risk for Encompass users by automating complicated appraisal steps.
“Ellie Mae’s Encompass software is a natural fit with ValuTrac’s appraisal management platform of products. This combination demonstrates how integrating our appraisal management software with leading enterprise mortgage technology providers, such as Ellie Mae, can help build a holistic platform that streamlines the lending value chain and mitigate risk,” said Clint Cornett, CEO of ValuTrac. “ValuTrac is committed to being the leader in providing appraisal management companies, banks, credit unions, and mortgage lenders appraisal management solutions to improve accounting processes, appraiser vendor management, and regulatory guidance for all of our clients.”
“Seamless integrations across the lending ecosystem are creating significant efficiencies as well as a higher standard for the mortgage process. ValuTrac’s appraisal management software is a welcome addition to the Ellie Mae Network," said Joe Tyrrell, SVP. “This integration continues our commitment to providing access to quality products that help minimize origination cost while maximizing retail, wholesale and correspondent performance.”