Ellie Mae Offers Hosted Version of Encompass

Ellie Mae has announced that Encompass Banker Edition is now available as a hosted system., enabling mortgage bankers and brokers-becoming-bankers to leverage the software on a pay-as-you-go model without having to maintain it in-house.As a hosted system, Encompass Banker Edition allows mortgage bankers to take advantage of Encompass without expending the cost and time associated with deploying and maintaining the software and the necessary computer servers. Moreover, the Encompass Anywhere platform is also being upgraded to offer improved streaming technology, Ellie Mae said. "Bankers, and brokers considering becoming bankers, are ideal candidates for the Encompass Anywhere platform," said Jonathan Corr, chief strategy officer of Ellie Mae. "With Encompass Banker Edition's hosted solution, companies get the same high-quality solution that Banker Edition provides, but with the convenience and lower up-front cost of a software-as-a-service model." Ellie Mae, based in Dublin, Calif., can be found online at http://www.elliemae.com.