Broker origination vendor Ellie Mae, Dublin, Calif., has launched a migration tool to make it easier for Contour users to switch to its Encompass loan origination system.Ellie Mae, which made the announcement at the Western Regional Mortgage Brokers Conference in Las Vegas, acquired Contour several years ago and is offering the service to migrate those users to Encompass, its flagship product. The Contour Migration Wizard is available at no charge for those switching to Encompass. The tool will be officially released in December and allows users to transfer all their Contour data seamlessly into Encompass in a few clicks, according to Ellie Mae. The vendor can be found on the Web at http://www.elliemae.com.
-
Under the proposed rule, the definition of a manufactured home would allow upper floor sections to be transported and constructed without a permanent chassis.
June 12 -
Even though the SAFE Act does not require AI loan officers licensing, other laws, as well as regulators, still look for a person to be responsible.
June 12 -
The government-related market's push has intensified efforts to draw up classic FICO comparisons or set up interim rating policies pending more data.
June 12 -
The changes provide standardized appraisal guidance in advance of a mandatory compliance date to a new reporting format in November this year.
June 12 -
Provident Bank says My Mortgage used a $10 million line of credit to fund dozens of ineligible, dilapidated properties and sold them to their own employees.
June 12 -
OneTrust Home Loans says its employees secretly used Floify to funnel loans to brokerage E Mortgage Capital, which were then funded by the wholesale giant.
June 12







