Tag: Ellie Mae

Ellie Mae and Optimal Blue Enhance Secondary Marketing Integrations to Create End-to-End User Experience

Ellie Mae®, the leading cloud-based loan origination platform for the mortgage industry, announced today the expansion of the strategic partnership with Optimal Blue®, the leading secondary marketing automation platform in the mortgage industry. The expansion includes the collaboration on multiple next-generation, API-based integrations between the Ellie Mae Digital Lending Platform and the Optimal Blue’s Marketplace Platform™ – specifically the company’s flagship Product & Pricing, Hedge Analytics, and Loan Trading solutions. Additionally, Optimal Blue’s Hedge Analytics and Loan Trading solutions now join Optimal Blue’s Product & Pricing as recommended solutions in the Ellie Mae Marketplace™.

Focused on creating a seamless, end-to-end workflow between lenders and investors, Ellie Mae and Optimal Blue are underway with new initiatives to rethink how to best leverage Ellie Mae’s Digital Lending Platform and Optimal Blue’s industry-leading pricing, hedging, and loan trading capabilities to benefit both sellers and Investors. Their collective efforts will create new and further enhance existing integrations between Optimal Blue and Encompass Consumer Connect®, Encompass LO Connect®, Encompass TPO Connect®, and Encompass Investor Connect® solutions that will enable a completely automated data and document exchange between their lender and investor clients. The companies plan to collaborate on these new integrations and efficient workflow improvements throughout 2020.

“Ellie Mae is thrilled about the expansion of our partnership with Optimal Blue,” said Parvesh Sahi, senior vice president, business development for Ellie Mae. “Ellie Mae is committed to enabling further innovation on the Ellie Mae Digital Lending Platform with industry-leading partners like Optimal Blue. This investment to deepen our partnership enables both originators and the purchasers of mortgage loans originated on Encompass to benefit from Optimal Blue’s broad secondary marketing capabilities.”

“Optimal Blue is proud of the work we have done over the past several years to strengthen our Ellie Mae partnership,” explained Scott Happ, President & Chief Executive Officer of Optimal Blue. “Increasing the joint value proposition to our mutual clients by building deeper and more meaningful pricing, hedging, and trading integrations between our platforms to create more efficient workflows is very exciting news for Optimal Blue, Ellie Mae, and our clients.”

ABOUT ELLIE MAE
Ellie Mae is the leading cloud-based loan origination platform provider for the mortgage industry. Ellie Mae’s technology solutions enable lenders to originate more loans, reduce origination costs, and shorten the time to close, all while ensuring the highest levels of compliance, quality and efficiency. EllieMae.com or call 877.355.4362 to learn more.

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PRESS CONTACT FOR OPTIMAL BLUE
Robert J. Brandt
Vice President, Marketing & Strategic Alliances
(469) 609-5585
bbrandt@optimalblue.com

PRESS CONTACT FOR ELLIE MAE
Erica Bigley
Ellie Mae, Inc.
(925) 227-5913
Erica.Bigley@elliemae.com

Caitlin Coffee
Allison+Partners
(312) 635-8204
EllieMae@allisonpr.com

© 2020 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.

Ellie Mae Expands Relationship with Optimal Blue to Integrate Product & Pricing with Encompass LO Connect

— Real-time integration provides loan officers with mobile access to Optimal Blue’s market leading PPE —

Ellie Mae®,the leading cloud-based platform provider for the mortgage finance industry, today announced an extended integration with Optimal Blue to enhance Encompass LO Connect™, Ellie Mae’s Encompass mobile solution for LOs on the go. LO Connect gives loan officers secure, real-time access to the Encompass® Digital Lending Platform from their fingertips, from any mobile device.

LO Connect gives loan officers the competitive advantage of providing the highest level of customer service, and the ability to originate and close loans faster from anywhere, at any time. It offers:

• Enhanced borrower communications to help loan officers stay engaged and deliver a superior customer experience
• Always-on, real-time access to move loans forward
• The ability to connect with agents, referral partners, credit reporting agencies, and underwriters, from a single system of record

LO Connect can also enable your team to take action on abandoned loan applications through Encompass Consumer Connect™, Ellie Mae’s point-of-sale solution, to capture business that otherwise would be lost.

Hundreds of Ellie Mae lenders rely on Optimal Blue to support their product and pricing strategies in the Encompass Digital Lending Platform. By extending the Optimal Blue integration to the Opportunities view within LO Connect, loan officers can accurately quote the most appropriate financing alternatives based on the borrower’s unique mortgage loan scenario – all from the convenience of their mobile device. In addition, Ellie Mae has also integrated to Optimal Blue’s pricing and lock functionality on the Pipeline view within LO Connect, enabling loan officers to confidently price and lock loans with Optimal Blue while never leaving Encompass.

“We are excited to once again expand our integration with the Encompass Digital Lending Platform,” explained Scott Happ, CEO at Optimal Blue. “Optimal Blue is committed to an API-first strategy that provides real-time access to our industry leading secondary marketing capabilities with the systems our clients rely upon throughout the mortgage loan process.”

“More than 80 percent of top loan producers say digital mortgage technology is key to their company’s future growth,” said Joe Tyrrell, chief operating officer, Ellie Mae. “With Optimal Blue support now included in Encompass LO Connect, loan officers now have access to product and pricing whether they are in the office or on the go. This partnership with Optimal Blue gives loan officers access to the tools and technology they need to be successful.”

For more information about how to benefit from LO Connect with Optimal Blue, visit:
https://www.elliemae.com/encompass/encompass-lo-connect

ABOUT ELLIE MAE
Ellie Mae 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.

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PRESS CONTACT FOR OPTIMAL BLUE
Robert J. Brandt
Vice President, Marketing & Strategic Alliances
(469) 609-5585
bbrandt@optimalblue.com

PRESS CONTACT FOR ELLIE MAE
Erica Harvill
Ellie Mae, Inc.
(925) 227-5913
Erica.harvill@elliemae.com

© 2019 Ellie Mae, Inc. Ellie Mae®, Encompass®, AllRegs®, 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.