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As individuals make their way through the industry and companies merge, follow all the important highlights in this weeks update.

Screen Shot 2017-10-19 at 3.56.55 PMEllie Mae announced on Monday that it has launched a new release of Encompass, its all-in-one mortgage management solution. The purpose of Encompass 17.4 enhancements is to help lenders of all sizes originate more loans, lower origination costs, and shorten the time to close with efficiency, quality, and compliance. Specifically, the new major release of Encompass includes additional updates for 2018 Home Mortgage Disclosure Act (HMDA) collection and reporting changes, electronic document enhancements, and Correspondent Trade enhancements.

“HMDA readiness remains a top priority for the entire mortgage industry and Ellie Mae is committed to supporting our customers as they prepare by offering solutions, information, training, and resources well in advance,” said President and CEO of Ellie Mae Jonathan Corr.


Screen Shot 2017-10-19 at 4.04.19 PMGenworth Mortgage Insurance reported on Thursday the launch of a new website that allows loan officers, underwriters, processors and other lending professionals to visually track every part of the mortgage insurance (MI) application process from start to finish. The site comes after an extensive feedback and review process with Genworth’s customers on potential improvements that could further enhance their experience.

According to John Clifford, SVP Commercial Operations for Genworth Mortgage Insurance, due to the increasingly visual and digital world, Genworth Mortgage Insurance prides itself on being at the forefront of innovation in the mortgage space.
“Our new website is designed to make a traditionally complex process very visual and easy to navigate, which will streamline communications and ensure a smooth, user-friendly experience for our customers,” Clifford said.  


On Wednesday, First American Mortgage Solutions, LLC, announced the initial field results after months of testing its “smart” valuation offering, which integrates big data, mobile technology, and reconfigured workflows to enhance the historically manual labor-intensive appraisal process.

“Moving from loan application to close faster is a long-awaited evolution being fueled by access to better data and technology, which allows us to rethink traditional workflows and processes,” said Kevin Wall, President of First American Mortgage Solutions. “This has been a major aspiration for us, along with the entire mortgage industry, and we’re excited to be at the forefront of game-changing progress.”

First American has invested heavily in developing a valuation solution that will help facilitate a faster closing. Leveraging its enterprise-wide assets and technological expertise, the company has developed a collaborative process fueled by data and analytics that connects a mobile workforce with cloud-based technology to drive speed, cost reduction and quality.


Screen Shot 2017-10-19 at 4.20.28 PMAssurant, Inc. announced on Monday that Marc Connelly has joined Assurant Mortgage Solutions as a national sales director. Connelly will focus on growing the title and origination valuations product lines for Assurant.

“Marc’s deep background in sales and business development is matched by knowledge and insights into our industry,” said Dan Hoppes, SVP, Mortgage Solutions at Assurant. “We were impressed by Marc’s breadth of experience in real estate including the title and settlement process, and are confident that his expertise will help us grow our mortgage solutions business."

In response, Connelly said that he is impressed with Assurant’s commitment to clients that is visible in the innovative solutions the company produces. "I look forward to being a part of delivering the new solutions that enable our clients’ success,” commented Connelly.

Connelly's previous roles include EVP of Business Development at McDonnell and Associates, P.A., a multi-state general practice law firm with a focus on real estate law, title development and settlement services. He also served as a managing partner at Epic Real Estate Solutions, where he was responsible for strategic and consultative sales as well as implementing a revolutionary new technology in response to regulatory changes relevant to lenders, realtors, title agents and consumers.


Screen Shot 2017-10-12 at 4.33.42 PMLoanScorecard announced Wednesday that Gerald Casey has joined the company as Managing Director, Capital Markets.

In this role, Casey will be responsible for identifying and pursuing LoanScorecard opportunities with originators, aggregators, and issuers of non-agency assets, as well as developing and executing strategies to maximize revenues of non-agency capital market participants and investors.

“LoanScorecard is committed to supporting capital and secondary market players as they expand their non-agency and portfolio offerings,” said Ben Wu, Executive Director of LoanScorecard. “Adding a leader with Gerald’s experience will allow us to better serve our clients by providing strategic solutions that make their businesses more efficient and effective.”

Casey brings more than 30 years' experience in the financial services industry as a fixed income, residential whole loan trading and technology professional to LoanScorecard with over $60 billion UPB of non-agency whole loans acquired and managed to-date. 



About Author: Nicole Casperson

Nicole Casperson is the Associate Editor of DS News and MReport. She graduated from Texas Tech University where she received her M.A. in Mass Communications and her B.A. in Journalism. Casperson previously worked as a graduate teaching instructor at Texas Tech's College of Media and Communications. To contact Casperson, e-mail:

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