MReport September 2018

TheMReport — News and strategies for the evolving mortgage marketplace.

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6 | TH E M R EP O RT MTECH the 21st-century products and tools our customers need," said Kimberly Johnson, COO, Fannie Mae. "Fannie Mae's vital mission to provide access to reliable, af - fordable mortgage financing in all markets at all times is enabled by our employees in IT, whose work is transforming the housing mar - ket every day. We are continually focused on making it faster and simpler to get a mortgage." According to a statement re - leased by Fannie Mae, the technol- ogy teams at the GSE are "driving innovation across the industry through new services, solutions, and agile methods for designing and developing solutions." "Over the past couple of years, we've seen an already tight market for tech talent get even tighter," said Ken Mingis, Executive Editor at Computerworld. "Computerworld's 2018 Best Places to Work in IT list illustrates that the companies that offer the best working environments aren't satisfied with rolling out one or two initiatives. They seek an edge in the talent marketplace through a combination of good salaries, great benefits, ready access to training, and the deployment of cutting-edge technologies." The rankings are compiled based on a comprehensive questionnaire regarding com - pany offerings in categories such as benefits, career develop- ment, training, and retention. Additionally, Computerworld conducts extensive surveys of lT workers, and their responses factor heavily in determining the rankings. Fannie Mae invests a great deal of time, energy, and resources into giving employees the tools and training they need to develop the technologies necessary to simplify the mortgage process and provide a better overall experience for our customers and homebuyers. This includes building partnerships with leading organizations dedi - cated to developing the diverse leaders of tomorrow, including Hispanic IT Executive Council, IT Senior Management Forum, Women in Technology, and Ascend. The GSE is also a leader in Agile and DevOps. DocMagic and MortgageHippo Partner for Digital Lending THE INTEGRATION OF THE PARTNERS' PLATFORMS ENABLES BORROWERS TO ELECTRONICALLY SIGN DOCUMENTS. D ocMagic, the California- based provider of fully compliant loan-document preparation, regulatory compli- ance, eMortgage services, and fintech-driven digital-lending platform MortgageHippo have announced a seamless eSign integration between their two platforms. This integration enables MortgageHippo's lender customers to provide borrowers with the ability to electronically sign documents at any stage of the mortgage process, from point-of-sale to closing. According to a statement released by DocMagic, eSignatures eliminate the time constraints and accessibility limitations of manual signatures, thus provid- ing lenders with a faster mortgage process and reduced origination costs. The eSignature process that MortgageHippo provides via DocMagic is as legal and valid as a manual process using printed and wet-signed documents. "We are pleased to partner with MortgageHippo and offer our mutual lender clients a strong digital mortgage point-of-sale solution that integrates tightly with our platform and LOS partners," said Steve Ribultan, Director of Business Development at DocMagic. "Integrating with MortgageHippo is yet another step that DocMagic is taking to deliver on the promise of achieving a truly paperless digital mortgage process." MortgageHippo provides mortgage lenders with a com - prehensive suite of white-labeled web and mobile-ready products that enable a modern, efficient, secure, and fully online borrower experience from the point-of-sale to closing. "If lenders want to stay com- petitive, they need the tools to satisfy borrowers' growing appe- tite for an easy and robust digital experience," said Joe Dahleen, EVP and CSO at MortgageHippo. "MortgageHippo's integration with DocMagic allows us to provide those tools to lenders by offering eSignature capability throughout the entire mortgage process." Lenders can order disclo - sures directly from their loan origination systems (LOS), most of which are already integrated with DocMagic. MortgageHippo then provides eDelivery of the disclosures to the consumer via the MortgageHippo borrower portal for compliant eSigning us- ing DocMagic's eSign technology. This service is available for initial disclosures, Loan Estimates (LE), Closing Disclosures (CD), and closing documents. Ellie Mae Introduces Two New Applications on Encompass DATA CONNECT AND NG LENDING ENABLE FASTER LENDER DECISIONS, PLUS SECURE WORKFLOWS. E llie Mae, the California- headquartered cloud-based platform provider for the mortgage finance industry, an- nounced that two new suites of applications are available via El- lie Mae's Encompass true digital mortgage solution platform— Encompass Data Connect and Encompass Investor Connect. Encompass Data Connect is designed to help mortgage lenders make smarter decisions faster us- ing real-time data and is available to all lenders using the Encompass NG Lending Platform. Early adopters are already leveraging the power of the solution to not just gain greater insight into their businesses, but to also incorpo- rate machine learning, artificial intelligence, and process automa- tion to create their own unique versions of a digital mortgage. Specifically, Data Connect gives lenders streamlined data access, enhanced security through en- cryption of personally identifiable information, and faster, smarter decision-making with near real- time access to their loan data. Encompass Investor Connect establishes secure system-to-system workflows between lenders and correspondent investors, ensuring the delivery of accurate, compli - ant, and tamper-proof loan data and docs. Encompass Investor Connect replaces the Encompass Data & Docs Solution and is pur- posely built on the Encompass NG Lending Platform framework for a true digital mortgage experience. It supports the needs of lenders and investors, removing the manual loan package-delivery process by automating directly from the Encompass LOS to the inves - tor, improving pricing tiers and purchase times while enhancing ef- ficiency, accuracy, and compliance. Ellie Mae currently has part- nerships with correspondent investors, including Caliber Home Loans, Flagstar Bank, Pacific Union Financial, and Wells Fargo for the Encompass Investor Connect Solution. "Unlike other delivery solutions, Ellie Mae's Encompass Investor Connect provides validated and trusted data delivered right from the lender's system of record," said Joe Tyrrell, EVP of Corporate Strategy for Ellie Mae. "Ellie Mae is furthering our promise of a true digital mortgage by offering the first block of trusted data and seamlessly transferring it directly to investors, eliminating the need for imaging, indexing, and revali - dation." CoreLogic Partners With Elm Street Technology for Broker Platform THE NEW PLATFORM WILL REDUCE COMPLEXITY FOR BROKERS AND AGENTS. G lobal property informa- tion and analytics-pro- vider CoreLogic has an- nounced a new agreement with Elm Street Technology, LLC to offer the Elevate Broker Operat- ing System and Services (BOSS) platform to real estate brokers. Elevate is an end-to-end solution that includes premium websites,

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