Notarize Announces Integration With Encompass by Ellie Mae

Phil Hall

Nov 14, 2019

Notarize, the Boston-based company that enables an entirely online mortgage closing process, announced that its digital closing platform will be available through Ellie Mae’s Encompass digital mortgage solution.

According to Notarize, its Intelligent Closing Automation Platform manages more than 14.5 million rules, thus allowing lenders to either fully automate their operations or manually determine every loan’s eligibility for an online closing. To date, Notarize has helped people buy and sell more than $8 billion in real estate in an online-exclusive setting.

“This partnership is an enormous step toward our vision to enable anyone in America to click to close on their home,” said Notarize Founder and CEO Pat Kinsel. “Our mission is to help people get into their dream home faster and for less cost. Digitizing the closing is the last thing keeping lenders from meeting consumers’ expectations. We’re proud to partner with Ellie Mae to help lenders realize the vision of the complete digital mortgage process.”

Parvesh Sahi, senior vice president of business development at Ellie Mae, noted: “We are thrilled to partner with Notarize to provide added value to Ellie Mae customers. Through this integration, our customers will be able to automate key workflow to determine online closing eligibility. This ultimately saves time and reduces friction in the loan origination process, a benefit as lenders look to close loans faster and provide a more seamless experience.”

Notarize becomes the latest industry firm to partner with Encompass, as earlier this week, PennyMac Loan Services LLC, a subsidiary of PennyMac Financial Services, announced that it will leverage Ellie Mae’s Encompass Digital Lending Platform to support its correspondent business.

Link copied

Published

Nov 14, 2019

Courts

Triumph In Texas: Combatting 'Pay-to-Pay' Fees

Bailey Glasser secures class action victory against fees for paying mortgages by phone.

Bailey & Glasser LLP, representing a group of consumers who were unfairly charged fees solely for making phone payments on their mortgages, achieved a substantial summary judgment triumph in a class action case in a federal district court in Houston, Texas. The legal ac...

Industry News

Fannie Mae Introduces Spanish-Language Homebuyer Education Program

The new platform, HomeView en Español, aims to bridge language barriers hindering Hispanic-Americans from purchasing homes..

Fannie Mae has unveiled HomeView en Español, a digital platform tailored to provide Spanish-speaking consumers with accessible information on financial literacy and homeownership. The platform, available 24/7, allows users to either independently navigate the content or seek...