Ellie Mae Announces New Major Releases of Encompass Digital Mortgage Solution

Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced today that it has launched a new major release of its Encompass® digital mortgage solution. The release of Encompass 18.2 will help lenders of all sizes originate more loans, lower origination costs and shorten the time to close with compliance, efficiency and quality. Specifically, the new major release of Encompass includes compliance updates related to Know Before You Owe (KBYO) and the Home Mortgage Disclosure Act (HMDA), and Construction Workflow and Correspondent Trades.

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Source: BusinessWire

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