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FirstClose Partners With Ellie Mae

Hyland digital toolFirstClose, a Texas-based provider of technology solutions for mortgage lenders nationwide, announced that its reporting suite is now available through Ellie Mae’sEncompass® digital mortgage solution. The seamless integration will allow lenders to order FirstClose’s solutions directly through Encompass to drive quality and efficiency in the loan origination process.

Services can be ordered directly from Encompass at the touch of a button, eliminating duplicate keystrokes when placing orders. When orders are returned, data points are sent back to Encompass, which automatically populates critical fields such as the full legal description and vesting information from the title work, the appraised value from the valuation product selected, and more. Copies of the completed reports are automatically imaged into Encompass. The integration reduces human error, as well as costs and closing times.

Ellie Mae is a provider of innovative on-demand software solutions and services for the residential mortgage industry. Ellie Mae’s Encompass digital mortgage solution provides one system of record that enables banks, credit unions and mortgage lenders to originate and fund mortgages and improve compliance, loan quality, and efficiency.

“Seamless integration between the LOS and valuation and settlement services helps lenders close loans more quickly and efficiently,” said Tedd Smith, CEO at FirstClose. “Our secure integration with Encompass enables our clients to simplify the process of ordering our solutions, so they can more easily process mortgage loans and grow their business. We look forward to a long, successful relationship with Ellie Mae.”

FirstClose specializes in delivering a powerful web app and LOS plugin that offers application to servicing (credit score, valuation, title, tax, flood, closing, and recording) on one easy-to-navigate platform. The company also delivers simplified vendor management by consolidating vendors and products on one platform to easily identify and repair the gaps where lender profits can be maximized.

About Author: Donna Joseph

Donna Joseph is a Dallas-based writer who covers technology, HR best practices, and a mix of lifestyle topics. She is a seasoned PR professional with an extensive background in content creation and corporate communications. Joseph holds a B.A. in Sociology and M.A. in Mass Communication, both from the University of Bangalore, India. She is currently working on two books, both dealing with women-centric issues prevalent in oppressive as well as progressive societies. She can be reached at donna.joseph@thefivestar.com.
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