Ellie Mae Launches Upgrade to Its Encompass Solution – NMP Skip to main content

Ellie Mae Launches Upgrade to Its Encompass Solution

Oct 19, 2016
Ellie Mae has announced that it has launched a major upgrade of Encompass

Ellie Mae has announced that it has launched a major upgrade of Encompass, its all-in-one mortgage management solution. Encompass Version 16.3 includes new features for Encompass, enhancements to Fannie Mae and Freddie Mac solutions, new Total Quality Loan (TQL) service ordering options, additions to secondary marketing and significant enhancements to Encompass Product & Pricing Service.

“The latest major release of our Encompass all-in-one mortgage management solution offers enhancements to our integrations with Fannie Mae and Freddie Mac and more customer choice when ordering TQL services with leading providers like First American Mortgage Solutions and DataVerify,” said Jonathan Corr, president and CEO of Ellie Mae. “And later this fall we’ll be offering major enhancements to the Encompass Product & Pricing Service expanding our lenders ability to manage their own custom programs and well as a new dashboard to provide visibility into the status of pricing files as well as securely manage investor credentials.”

Encompass 16.3 features several core updates, including:

Settings Report: This new reporting feature enables the quick generation of reports that contain an organization’s user access settings, providing visibility for business managers as well as responses to possible auditor questions related to access rights.

Business Rule Export and Import: This new feature enables the export and import of a variety of configurable business rule types to Extensible Markup Language (XML) files. These business rules are those that are changed most often and the export view assists lenders deploying Encompass software updates between test and production environments.

Enhanced Support for Uniform Closing Dataset (UCD) Export: Well in advance of the new UCD delivery requirements going into effect Sept. 25, 2017, lenders are able to test this updated export in support of the more detailed data collection expected by government-sponsored entities (GSEs), including detailed classification of adjustments and other credits.

Secondary Marketing Enhancements: New tracking features have been added, designed to support multiple types of Loan Collateral and includes calendar driven follow-ups for collateral requests and a history of collateral requests, receipts and shipments with associated comments. Encompass has also expanded its lock desk hours feature to include separate hours by loan channel (Retail, Wholesale, Correspondent) and the ability to have different lock desk hours on Saturdays and Sundays. Secondary Marketing functionality also now supports Fannie Mae’s Pricing and Execution (PE) MBS pricing platform. And finally, updates were made to the 1098 Mortgage Interest for creating a 1098 that will comply with the tax rules for 2016 and beyond.

Fannie Mae Enhancements: Enhancements to Encompass’ unique automated workflow for Fannie Mae’s Desktop Underwriter and EarlyCheck drive more efficiencies and help identify and correct any potential eligibility or data discrepancies prior to loan delivery.

Freddie Mac Enhancements: Encompass now offers pop up screen capabilities that show data elements changed between orders within Automated Underwriting System (AUS) tracking to help easily identify any data discrepancies when using Loan Product Advisor, the cornerstone tool in the Freddie Mac Loan Advisor Suite.

Also with the Encompass 16.3 Release, Ellie Mae is expanding the Total Quality Loan program (TQL) in Encompass to deliver additional service choices through a new partnership with DataVerify. Those already using DataVerify DRIVE for fraud and income verification (4506-T) will be able to order those services through the TQL screen in Encompass.

FraudGuard, a comprehensive decision-support tool designed to quickly and accurately identify risk in mortgage transactions, has also been added to TQL through a new partnership with First American Mortgage Solutions, allowing users the ability to clear alerts and re-score files within the platform.

About the author
Published
Oct 19, 2016
More from
Tech
Method Launches Borrower-Monitoring Tool To Target HELOC Opportunities

Portfolio Intelligence tracks changes in borrowers’ liabilities after closing, helping lenders identify potential home equity and debt-consolidation business

Jul 30, 2026
BSI Wins Ginnie Mae Approval To Issue, Subservice eNotes

The mortgage servicer can initially issue up to 1,000 eNotes and manage digital collateral for other Ginnie Mae issuers

Jul 29, 2026
New AI Platform Targets Homebuyers Before They Apply For A Mortgage

House.ai creates personalized credit, savings, and affordability plans before referring consumers to mortgage professionals

Jul 29, 2026
Mortgage Servicers Get New Option For Building Custom AI

BlackWolf will assess mortgage operations before Authority Partners develops and deploys tailored AI and automation tools

Jul 29, 2026
Friday Harbor Adds AI Pre-Underwriting Support For USDA Loans

The platform alerts production teams to documentation, eligibility, and GUS-related issues before files reach underwriting

Jul 23, 2026
Verus Moves Non-QM Operations To Vesta’s AI-Native LOS

The Non-QM investor says the platform’s AI agents can process documents, resolve workflow tasks, and work with proprietary lending guidelines

Jul 22, 2026