PLEASANTON, Calif.--(BUSINESS WIRE)--Oct. 15, 2018--
Mae® (NYSE:ELLI), the leading cloud-based platform
provider for the mortgage finance industry, announced today the
availability of the newly redesigned Desktop Underwriter® (DU®)
Underwriting Findings (Findings) report on Ellie
Mae’s Encompass Lending Platform™. The newly improved DU Findings
report will make it easier for lenders to navigate and take action and
will reduce the time spent reading and interpreting Findings.
The new DU Findings report offers many enhancements that include:
Improved readability resulting from bolding, bullets and coloring
added to certain information in the summary sections.
Track changes functionality that enables users to identify what
messages have been changed, added or deleted from the most recent
submission as compared to the previous submission.
Basic navigation functionality that enables users to quickly move from
one section of the report to another.
A Day 1 Certainty® message filter and persistent “Day 1” flags that
make Day 1 Certainty messages easier to identify.
“Ellie Mae is focused on providing digital mortgage technology to help
lenders close loans faster, reduce the time to close and lower the cost
of origination,” said Eric Connors, senior vice president, product
management, Ellie Mae. “By offering the new Desktop Underwriter Findings
through Encompass, we will continue to drive workflow and efficiency
with a new modern look and feel that will enhance transparency and
provide a simple way to view submission status.”
“With an improved interface and user functionality, the new Desktop
Underwriter® (DU®) Underwriting Findings Report will help lenders
improve operational efficiencies and reduce loan origination cycle
times,” added Henry Cason, Fannie Mae’s SVP and Head of Digital
Products. “The speed at which Ellie Mae was able to incorporate these
new enhancements will help ensure our mutual customers experience
immediate value in their business.”
Ellie Mae’s Encompass digital mortgage solution offers technology
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 240,000 users and thousands of service providers and
the Ellie Mae Network processes millions of transactions every month,
touching more than 30 percent of the residential loans originated in the
To learn more about Ellie Mae’s Encompass Lending Platform, visit: https://elliemae.com/encompass/encompass-overview.
About Ellie Mae
Ellie Mae (NYSE:ELLI) is the leading cloud-based platform provider for
the mortgage finance industry. Ellie Mae’s technology solutions enable
lenders to originate more loans, lower origination costs, and reduce the
time to close, all while ensuring the highest levels of compliance,
quality and efficiency. Visit EllieMae.com
or call (877)355-4362 to learn more.
© 2018 Ellie Mae, Inc. Ellie Mae®, Encompass®, AllRegs®, Mavent®,
Velocify®, the Ellie Mae logo and other trademarks or service marks of
Ellie Mae, Inc. appearing herein are the property of Ellie Mae, Inc. or
its subsidiaries. All rights reserved. Other company and product names
may be trademarks or copyrights of their respective owners.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181015005850/en/
Source: Ellie Mae, Inc.
Ellie Mae, Inc.
Erica Harvill, 925-227-5913