FirstClose, a provider of technology solutions for mortgage lenders, has integrated it reporting suite with Ellie Mae’s Encompass digital mortgage solution.
The Encompass digital mortgage solution offers one system of record that allows mortgage lenders to originate and fund mortgages and improve compliance, loan quality and efficiency.
The partnership will enable lenders to access order FirstClose’s solutions directly through Encompass.
Customers can place order for services directly from Encompass. Data points are sent back to Encompass when orders are returned.
Encompass will automatically populate fields such as the full legal description and vesting information from the title work, the appraised value from the valuation product selected, among others.
Integration will slash human error, as well as costs and closing times. Copies of the completed reports will automatically be feed into Encompass.
FirstClose CEO Tedd Smith said: “Seamless integration between the LOS and valuation and settlement services helps lenders close loans more quickly and efficiently.
“Our secure integration with Encompass enables our clients to simplify the process of ordering our solutions, so they can more easily process mortgage loans and grow their business. We look forward to a long, successful relationship with Ellie Mae.”