Ellie Mae Announces Support for Freddie Mac’s New Income and Asset Assessment Solutions on the Encompass Lending Platform
ELLIE MAE (ELLI)
Last ellie mae earnings: 2/14 08:00 am
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Source: Business Wire
PLEASANTON, Calif.--(BUSINESS WIRE)-- Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, today announced immediate support for Freddie Mac’s income and asset assessment solutions delivered through Loan Product Advisor®. Ellie Mae has existing integrations to facilitate the ordering of income and asset services from Equifax’s The Work Number®, FormFree™, and LoanBeam, from within the Encompass Lending Platform®. Ellie Mae will offer services from Finicity in the fourth quarter of 2018. Ellie Mae has added functionality in support of Freddie Mac’s enhancements to Loan Product Advisor to activate their new income and asset messages in Loan Product Advisor, available through Encompass today. Automated income and asset assessment helps lenders automate their collection, calculation and verification processes to speed up borrower qualification, sav
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