Magazine article Mortgage Banking

Ellie Mae Announces Encompass WebCenter

Magazine article Mortgage Banking

Ellie Mae Announces Encompass WebCenter

Article excerpt

Dublin, California-based Ellie Mae Inc. has launched Encompass[R] WebCenter, a next-generation Web site that links mortgage originators with borrowers, real estate agents and other partners by enabling two-way Web-based communication for all aspects of the loan process, including individual loan inquiries, requests and status updates.

Encompass WebCenter serves as an information source for borrowers by securely relaying pertinent loan data straight from the originator's Encompass mortgage automation system, while also functioning as a marketing tool for the originator and broker by providing a borrower- and Realtor[R]-centric informational Web presence.

Designed to further expand the reach of brokers and originators, Encompass WebCenter gives users a professional, interactive Web presence, and allows borrowers to submit loan applications and access their loan information straight from any Internet-connected computer, according to Jonathan Corr, Ellie Mae's chief strategy officer.

"It's a way of expanding the power of the system to include the borrower's needs and input. We recognized that the industry could benefit from a solution that went beyond the traditional parameters of today's mortgage-related Web sites," explained Corr. …

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