Skip to main content

Mortech Announces Integration With Ellie Mae’s Encompass

NationalMortgageProfessional.com
Aug 18, 2015
Mortech Logo

Mortech, a Zillow business providing mortgage technology solutions for mortgage bankers and secondary market teams, has announced a new integration between Mortech’s product and pricing engine (PPE) and secondary marketing solutions and Ellie Mae’s Encompass. The new integration eliminates manual data entry and enables lenders to automate the transfer of detailed loan pricing information from Mortech to Encompass. The integration also provides a feature-rich platform for Mortech to quickly implement pricing functionality enhancements within Encompass as the market changes.

“Pricing accuracy and time savings are vital to today’s mortgage lender, as both can have significant profit implications for lending institutions,” said Doug Foral, general manager at Mortech. “This advanced integration benefits our mutual customers by streamlining the loan pricing and origination process while providing lenders with access to important borrower, pricing, and secondary desk information from Marksman directly to Encompass. This integration significantly reduces workflow redundancies and session times. As a recognized PPE leader, Mortech is excited to extend our long-standing partnership with Ellie Mae®. Mortech is committed to continually evolving our product offerings based on customer needs and industry changes.” 

The integration uses bi-directional data transfer to seamlessly move data between Marksman and Encompass. This provides instant access to Marksman “buy side” and “sell side” pricing and up to 11 granular levels of loan specific rate, price, profit, and adjustment information. Lenders also benefit from a unified lock process through Mortech’s lock desk and secondary tools available within Encompass, including historical pricing information for any changes in circumstance, worst case pricing, lock notifications, and change requests.

“We’re pleased to have Mortech’s new advanced integration features available in Ellie Mae's Encompass, providing the most efficient way for our mutual clients to access the pricing and secondary market information that they leverage from Mortech,” said Joe Tyrrell, executive vice president of Corporate Strategy at Ellie Mae.

Published
Aug 18, 2015
More from
Tech
E-Closing Technology: Norcom Mortgage’s Implementation Lessons

Norcom Mortgage outlines its implementation lessons learned as the company transitioned to its digital experience.

Tech
Sep 17, 2021
New York Community Bank Creates Groundbreaking Digital Payment Process

Now Figure Technologies Inc. can conduct real-time secondary trading in digital shares of its stock by utilizing Figure’s alternative trading system (ATS) that operates on Provenance Blockchain.

Tech
Sep 14, 2021
NAMB Partners With Dell Technologies

Offers Discounts To Members To Help With Technology Upgrades

Tech
Sep 13, 2021
Notarize And Snapdocs Announce Partnership

Notarize and Snapdocs, Inc. entered a partnership in which brings two digital closing companies together in hopes to further streamline the closing process.

Tech
Sep 09, 2021
Hold The Phone: Agile Formally Launches Platform For TBA MBS Quotes

Trade Auction Manager Allows Small to Mid-Size Broker Dealers To Quote Digitally

Tech
Sep 09, 2021
SimpleNexus Approved As eClosing Solution Provider For Both GSEs

SimpleNexus, a homeownership platform developer, is now a Fannie Mae- and Freddie Mac-reviewed eClosing solution provider.

Tech
Sep 07, 2021