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Ellie Mae Partners with COCC for Digital Mortgage Solutions

Ellie Mae, the California-headquartered cloud-based platform provider for the mortgage finance industry, announced today that financial technology company COCC has entered into a partner agreement to provide the Encompass all-in-one mortgage management solution to members of the COCC cooperative.

Ellie Mae’s Encompass all-in-one mortgage management solution offers a digital mortgage experience covering the entire loan lifecycle so lenders can originate more loans, lower origination costs, and reduce time to close. Ellie Mae’s connected community includes 230,000 users and thousands of service providers. Its network processes millions of transactions every month, touching approximately 30 percent of the residential loans originated in the U.S.

“Through this partnership, COCC will provide Ellie Mae’s Encompass solution to our clients to help give them more control with functions and applications that improve efficiency, enhance quality and ensure compliance,” said Matt L’Heureux, SVP & Chief Product Officer, COCC.

Launched in 1967, COCC was founded by its clients. COCC is one of the fastest growing financial data processing company in the country in delivering innovation and the quality service for banks and credit unions.

“By providing financial institutions with Ellie Mae’s Encompass, COCC can leverage our technology to originate more loans, lower the cost to originate and reduce their time to close, all with the quality and compliance needed to meet the changing industry requirements,” said Cathleen Schreiner Gates, Executive Vice President of Sales and Marketing at Ellie Mae.

About Author: Radhika Ojha

Radhika Ojha, Online Editor at the Five Star Institute, is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her master’s degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Dallas, Texas. You can contact her at Radhika.Ojha@theMReport.com.

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