Magazine article Mortgage Banking

RamQuest, Ellie Mae Partner to Link Title Companies, Brokers

Magazine article Mortgage Banking

RamQuest, Ellie Mae Partner to Link Title Companies, Brokers

Article excerpt

RamQuest Software Inc., Plano, Texas, and Ellie Mae Inc., Dublin, California, announced they have formed a strategic partnership designed to create an electronic link between title companies and brokers.

The partnership integrates Ellie Mae's ePASS Network[R] and the RamQuest Closing Market[TM] digital network to give users of each system the opportunity to expand their network of customers and suppliers with speed, ease and convenience, according to Jonathan Corr, chief strategy officer at Ellie Mae.

"Ellie Mae has always been devoted to leveraging technology for the purpose of bringing the industry together, creating synergistic relationships and ultimately enhancing the overall mortgage process," said Corr. "By partnering with RamQuest, we feel we've done all three."

Title companies using RamQuest's Closing Market software can now use the ePASS Network to offer their services to brokers and lenders using Ellie Mae's Encompass[R] Mortgage Management System, while lenders and brokers using Encompass will now have access to a wider selection of title companies, explained Corr.

The strategic partnership formed between RamQuest and Ellie Mae will offer title companies using RamQuest's solution the opportunity to increase their visibility among Encompass users, and affords those users a broader choice of providers for title services, along with the convenience of one-click title ordering, according to Mark McElroy, RamQuest's president and chief executive officer. …

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