Web-based underwriting and pricing software developer PriceMyLoan announced its product is integrated in Ellie Mae’s Encompass360 loan origination software (LOS). The new functionality will allow Encompass360 users to access automated underwriting and loan pricing decisions created in the PriceMyLoan engine directly through the Encompass360 platform. “PriceMyLoan and Ellie Mae are leading technology providers in the mortgage industry,” said Gigi Campbell, national sales director for PriceMyLoan. “Our integration creates tremendous value for mortgage bankers by providing a seamless process for originating, qualifying and pricing loans within a single platform.” Once a loan file has been created in Encompass360, the file’s data can be transmitted directly to PriceMyLoan’s engine, where it is evaluated and loan eligibility and pricing results are automatically generated. “Our customers have come to rely on us to provide comprehensive access to the solution providers that enhance their business processes,” said Ellie Mae senior vice president Richard Roof. “As a market leader, Ellie Mae is committed to fostering productive partner relationships, and providing our customers with seamless, integrated access to high quality solutions like PriceMyLoan.” Write to Austin Kilgore.
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