Mortgage software firm launches challenge for lenders
Mortgage lenders using the Ellie Mae Encompass Lending Platform can now show how innovative they are with an innovation challenge.
It’s an opportunity for mortgage industry professionals who are leveraging the platform's capabilities to improve processes or solve their unique challenges, with the chance of presenting their innovations at a showcase event next year.
"We are asking our lenders to share the innovations, process enhancements and solutions that they have developed using the Encompass Lending Platform and our APIs," said Jonas Moe, senior vice president of market strategy, Ellie Mae. "In addition to contributing to the success of their organization and the industry, the winner will have the opportunity to show off their innovation at Ellie Mae Experience 2019."
The innovations should be in one of four categories: lower origination cost; cuts time to close loans; ensures higher quality through compliance; improves experience for homebuyers.
"The Encompass Innovation Challenge showcases the innovation, best practices and ideas from our lenders that will help drive the industry toward a fully digital mortgage while helping them engage with their borrowers," said Joe Tyrrell, executive vice president of corporate strategy for Ellie Mae.
