Pleasanton, Calif.-based Ellie Mae has updated Banker and Custom Editions of the Encompass mortgage management system, adding many new enhancements. The enhancements, which were designed to improve security and increase compliance, also streamline a number of tasks in loan processing, secondary marketing, process management, business management, and security and administration. Ellie Mae reported at the MBA National Secondary Market Conference and Expo that the upgrades offer improved FHA support, including new input and output forms that reduce the time it takes to process Federal Housing Administration loans, easier tracking and monitoring features, and enhanced security features such as a user profile lockdown that ensures consistency for company reporting. Lastly, for the growing number of broker/bankers, Ellie Mae has added the ability to create channel-specific business rules that allow dual function operations to apply the appropriate security and business flow for loans that are banked versus brokered. Ellie Mae can be found online at http://www.elliemae.com.
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