Home Point Financial partners with Ellie Mae for tech innovation
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Ellie Mae has added Home Point Financial to its network of partners for Encompass Financier Link.
The home mortgage originator joined Ellie Mae’s 12 existing reporter financier partners, that include AmeriHome, Chase, Flagstar Bank, Franklin American Home Mortgage, Mr. Cooper, NewRez, TMS, and Wells Fargo.
The partnership makes Home Point available to Ellie Mae’s Encompass customers through Financier Connect, which is a system-to-system workflow between loan providers and financiers that supplies an automatic loan-package delivery process.
“We are delighted to extend our partnership with Ellie Mae by including Investor Connect to the suite of products we currently use from them,” said Steve Landes, senior handling director of reporter lending in your home Point Financial. “Investor Connect helps us get operational effectiveness while offering a more smooth digital home mortgage experience for our sellers.”
Furthermore, House Point works with Ellie Mae’s Encompass platform to process post-close purchase reviews and uses Ellie Mae AIQ to help automate underwriting.
“We are enjoyed welcome Home Point as our latest Financier Link correspondent investor as we further our mission to help pioneers and purchasers attain a true digital home loan,” stated Parvesh Sahi, senior vice president of organisation development at Ellie Mae. “Home Point Financial is concentrated on using their sellers enhanced shipment and performances while enhancing their own evaluation and purchase times.”