Texas Capital Bank becomes first to utilize addition to Encompass Investor Connect
A cloud-based software system that provides automated delivery and receipt of data and documents directly from the lenders’ system of record to correspondent investors, has been expanded to warehouse lenders.
Ellie Mae Encompass Investor Connect now allows warehouse lenders to receive the same benefits as the industry’s largest investors with an automated connection between the Encompass software and warehouse lenders’ systems.
“With Encompass Investor Connect, we are now enabling funding requests directly from Encompass,” said Parvesh Sahi, senior vice president of business development, Ellie Mae. “This speeds up key processes, reduces laborious tasks and frees up liquidity and capacity for lenders while helping our warehouse lenders grow their business along with simplifying the receipt of data and documents.
The integration means that the delivery of mortgage data elements and documents is automated, eliminating the exportation of insecure data.
The first warehouse lender to utilize the new integration is Texas Capital Bank.
“Texas Capital Bank is constantly looking for ways to leverage technology to make it easier to do business,” said Donnie Martin, executive vice president, director of warehouse lending, Texas Capital Bank. “With Ellie Mae’s Encompass Investor Connect, we will help our clients achieve efficiencies in their business which in turn will further strengthen our relationships and build our business.”
MBMS partnership
Ellie Mae has also announced a partnership with MBMS, a leading provider of warehouse lending software, to simplify integrations for warehouse lenders on their ProMerit™ platform, further extending the ecosystem and increasing value for all participants.
Today, we announced #EllieMae Encompass Investor Connect is now available for warehouse lenders and that we’ve joined forces with MBMS to simplify integrations for warehouse lenders on their ProMerit platform. Learn more here: https://t.co/H8BL9sw7Gj pic.twitter.com/vvOuw9YoIU
— Ellie Mae (@EllieMaeInc) May 17, 2019
