Ellie Mae Expands Encompass to Warehouse Lenders

May 17, 2019

Ellie Mae has announced that its Ellie Mae Encompass Investor Connect platform is now available for warehouse lenders.

According to the Pleasanton, Calif.-based company, Texas Capital Bank is the first warehouse lender to utilize Encompass Investor Connect. The company has also entered into a partnership with MBMS, a provider of warehouse lending software, to simplify integrations for warehouse lenders on their ProMerit platform.

“With Encompass Investor Connect, we are now enabling funding requests directly from Encompass. This speeds up key processes, reduces laborious tasks and frees up liquidity and capacity for lenders while helping our warehouse lenders grow their business along with simplifying the receipt of data and documents,” said Parvesh Sahi, Senior Vice President of business development, Ellie Mae. “And with Texas Capital Bank and MBMS on board, we are already making it easier for lenders and warehouse banks alike to achieve a true digital mortgage.”

About the author

Phil Hall

Link copied

Published

May 17, 2019

People On The Move

Foundation Mortgage Bolsters Account Executive Team

Shelly Seedorf and Tim Marsteiner bring decades of Non-QM expertise to support the lender’s national expansion and broker-focused mission

Foundation Mortgage Corporation, headquartered in Miami Beach, Fla., is expanding its national footprint with the addition of two seasoned professionals to its Account Executive team. The company announced that Shelly Seedorf and Tim Marsteiner have joined its ranks, bringin...

People On The Move

Celink Taps Former Ginnie Mae Executive For Board Role

Leslie Meaux Pordzik, a longtime federal housing finance leader, joins the board of Celink’s parent company following her retirement from Ginnie Mae

Peer Advisors, the parent company of Celink, the nation’s leading reverse mortgage subservicer, has appointed Leslie Meaux Pordzik to its Board of Directors as an Independent Representative, bringing a veteran perspective in federal housing finance to the company’s strategic...