Ellie Mae said that Union Mortgage Group, Richmond, Va., a nonbank affiliate of Union First Market Bankshares, has selected Encompass360 as its mortgage management solution.
Union Mortgage Group is a retail mortgage lender that operates in Maryland, North Carolina, South Carolina and Virginia and originates more than $1 billion in mortgages annually.
“We wanted an LOS that was fully integrated and had automated compliance so we could focus more time on our customers. When we saw the demonstration of Encompass360, the system sold itself,” said Rob Eastep, president and chief executive officer of Union Mortgage Group.
“Increasingly, mortgage lenders are looking for end-to-end solutions to replace multiple systems that have been cobbled together and that are costing them time and money,” said Jonathan Corr, president and chief operating officer of Ellie Mae, Pleasanton, Calif.
“We’re pleased to help lenders like Union Mortgage Group improve their workflow and increase productivity and profits.”