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DSNews August 2019

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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ยป VISIT US ONLINE @ DSNEWS.COM 95 ADVERTISING INDEX Sagent Lending 18 USRES 55 Women in Housing 7 Leadership Awards Banquet STATES NORTHEAST 1st Class Realty 79 Home Alliance Realty 78 Planet Realty 78 Prince & Associates Realty 78 SOUTH Continental Realtors 89 WEST Essex Harvey & Freeman 94 Real Estate Opportunities 94 NATIONAL AMDC 61 Class Valuation 52 Consolidated Analytics 53 Five Star Conference 3 Five Star Disaster Symposium 31 FORCE Rally 39 Globus Management Group 13 Home Depot Renovation Services Back Cover Keys for Life Reception & Concert 19 Legal League 100 46-47 Legal League 100 Fall Summit 40 LERETA 25 M&M Mortgage Services Inside Back Cover McMichael Taylor Gray, LLC 9 mPower 69 National Field Representatives 21 Radian Real Estate Services 54 RES.NET 1 Safeguard Properties Inside Front Cover Penn Financial), TMS, and Wells Fargo, as well as other top ten banks, with more partnerships to be announced in the com- ing quarters. Encompass Investor Connect is the secure system-to-system workflow between lenders and correspondent investors that ensures delivery of accurate and compliant loan packages as part of the Encompass Digital Lending Platform. It supports the needs of lenders and investors, removing the manual loan package delivery process by automating directly from the Encompass LOS to the investor. Ellie Mae states that this improves pricing tiers and purchase times while enhancing efficiency, accuracy, and compliance. "We continue to see significant momentum with Encompass Investor Connect as we further our mission to help originators and purchasers achieve a true digital mortgage," said Parvesh Sahi, SVP of Business Development for Ellie Mae. "With the majority of the largest cor- respondent investors as our partners, we represent more than half of closed loan delivery volume. Many providers only look at digitizing the front-end of the mortgage transaction. However, as we continue to look at digitizing the entire mortgage process, Encompass & amp; Encompass Investor Connect is helping lenders and purchasers reduce costs and increase ef- ficiencies that benefits all players in the mortgage ecosystem." "Since coming on board with En- compass Investor Connect, we are seeing impressive results and an improved seller experience," said Eric McCall,VP, First Home Mortgage. "To date we are sav- ing about 3 to 5 minutes per loan file. While that might not sound like much, we originate over 10,000 loans a year, and therefore those minutes per loan add up to thousands of hours saved as well as better relations with our investors. Additionally, we are excited to embrace all that Inves- tor Connect has planned as Ellie Mae continues to improve the selling workflow and reduce the time and friction associated with legacy processes." "Our partnership with Ellie Mae helps us deliver greater efficiency to our corre- spondent customers while simplifying the loan delivery process," said Kristy Fercho, President, Mortgage, Flagstar Bank. "With Encompass Investor Connect we extend the digital experience to the loan purchase workflow for the ultimate benefit to all players in the ecosystem."

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