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Ellie Mae Announces Release of Digital Lending Platform

Ellie Mae [1], a cloud-based platform provider for the mortgage finance industry, announced that it has launched a new release of Ellie Mae’s Encompass Digital Lending Platform [2]. The latest release will help lenders of all sizes originate more loans across a wider variety of loan types, capitalize on the growing HELOC demand, sell and deliver loans more efficiently, provide a better loan officer experience and leverage the power of data to make better decisions faster.

“Ellie Mae is offering a true digital mortgage solution to help our customers succeed in today’s competitive marketplace,” said Jonathan Corr, President and CEO of Ellie Mae. “With this new release we’re providing lenders with enhanced support to capitalize on the growing HELOC opportunity, an expanding ecosystem of Investor Connect integrations and Loan Officer Connect updates to help lenders close loans faster while offering a best-in-class borrower experience.”

The release of the Encompass Digital Lending Platform 19.2 includes: