MTS Software Solutions, provider of the IntellaLend automated loan quality management and auditing technology, has announced that IntellaLend will integrate into Ellie Mae's Encompass digital mortgage solution using Ellie Mae's Encompass Partner Connect API technology. The integration will allow lenders to more efficiently and securely share data between IntellaLend and Encompass to drive quality and efficiency in the loan origination process.
IntellaLend is a loan quality management and auditing platform that mitigates compliance defects found in loan packages across the mortgage lifecycle. Developed by MTS Software Solutions, a provider of enterprise technology to hundres of financial institutions, IntellaLend uses artificial intelligence and machine learning OCR technology to uncover common compliance and critical defects and dramatically improves quality assurance and profitability.
"We are delighted to partner with Ellie Mae and join the Encompass community," said MTS Software Solutions Chief Operations Officer Earl Voorhees. "Our secure, seamless and bidirectional integration with Encompass will accelerate data and document workflow processes for our mutual clients, thus empowering mortgage lenders to simplify the loan quality assurance process and grow their business. We look forward to a long, successful relationship with Ellie Mae."
MTS Software Solutions Director of Product Management Sam Kharidi said, "IntellaLend automatically evaluates the information provided in loan files and matches the data with the lender's loan origination platform to ensure complete proof of compliance. Through this integration, lenders using Encompass are now able to leverage automation to identify and solve critical loan quality issues so they can redeploy staff on more complex lending decisions."
