Ellie Mae announced that its Encompass Data Connect now is available to lenders using its Encompass digital mortgage solution.
Encompass Data Connect provides real-time data to mortgage lenders.
“Encompass Data Connect is now available for all lenders using our Encompass NG Lending Platform,” said Joe Tyrrell, Ellie Mae’s executive vice president of corporate strategy. “The early adopters of Encompass Data Connect are already leveraging the power of the solution to not just gain greater insight into their business, but to incorporate machine learning, artificial intelligence and process automation into their specific vision for their own unique digital mortgage. Encompass Data Connect unlocks the power of data to fuel intelligent automation and bring our lenders closer to the true digital mortgage.”
Encompass Data Connect gives lenders access to their standard and custom loan data fields, which Ellie Mae said empowers them to make timely, data-driven decisions to dramatically increase the velocity, efficiency and effectiveness of their business operations and realize significant competitive advantages.
Data Connect also enables lenders to securely access their cloud-based, encrypted data at any time and from anywhere; increase automation by unlocking data for machine learning and artificial intelligence; and streamline data access with no impact on Encompass performance.