Pleasanton, California-based Ellie Mae has released new editions to its Encompass Banker and Encompass Custom programs, which are both part of the company’s Encompass Mortgage Management Solution.
Ellie Mae says there are many enhancements to both systems, but the new Encompass Banker 3.0 has seen the greatest set of improvements, which tailor it to be an end-to-end business solution for small to mid-size correspondent mortgage lenders, mortgage bankers, community bankers, credit unions and brokers looking to become bankers. The new Encompass Custom Edition 3.0 is the latest version of the company’s Encompass Custom program.

“Bankers’ needs have evolved greatly over the past year, and we’ve addressed those needs with significant enhancements throughout,” says Jonathan Corr, chief strategy officer for Ellie Mae. “Now mortgage bankers can service loans prior to selling loans on the secondary market, track their profitability on trade, and configure notifications that alert them of key servicing activities.”
Ellie Mae says the new programs offer the following improvements (Source: Ellie Mae):
Comprehensive audit trails that capture the details around any changes to key loan fields
Alert configurations with “snooze” and “dismiss” functions so users can control alert timing
Custom mapping of contact fields to eliminate redundant loan file data entry
Business rules enhancements that improve user control over access to loan fields, in addition to offering control over the times that form buttons are accessible to loan team members
User group enhancements that provide flexible access to borrower contacts