MReport July 2018

TheMReport — News and strategies for the evolving mortgage marketplace.

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10 | TH E M R EP O RT MTECH • Loan Due Diligence: Full correspondent performance analysis and Ratings Agency Due Diligence (RADD) to help meet industry standards. • Quality Control: Independent review of applicable loan files and associated documents to help determine and maintain compliance with agency and lender requirements. • Advisory Services: Identification of process inefficiencies and provision of clear, actionable recommendations to drive im- provement to help meet unique client objectives. • CastleLine Certification: Execution of the CastleLine proprietary risk management process to help clients obtain Certified Loan insurance. HomeServices Inc. Acquires Ebby Halliday Brand THE NEW UNION WILL EXPAND HOMESERVICES' REACH INTO NEW TERRITORIES. T exas-based Ebby Halliday Real Estate Inc., an- nounced that it is being acquired by HomeServices of America Inc. Financial terms of the deal were not disclosed. "The acquisition will include Ebby's three real estate brands: Dallas-based Ebby Halliday RealtorsDave Perry-Miller Real Estate and Fort Worth-based Williams Trew Real Estate, as well as the firm's affiliated mort - gage and title companies," accord- ing to a press release. "The Ebby Halliday portfolio of companies brands will continue to operate under their current brand names." Born in Arkansas in 1911, Halliday moved to Dallas in 1938 and eventually opened her own real estate firm in 1945, becoming a Dallas icon during the course of her decades-long career. Halliday passed away in 2015 at the age of 104. Ebby Halliday Realtors partici - pated in more than 18,800 transac- tions in 2017, with a sales volume of more than $8 billion. The firm ranks 12th in the nation in sales volume. Minnesota-based HomeServices of America is the country's second-largest residential real estate brokerage company and, through its operating companies, is one of the largest providers of integrated real estate services. HomeServices of America is the owner of the Berkshire Hathaway HomeServices, Real Living Real Estate and Prudential Real Estate franchise networks. HomeServices is owned by Berkshire Hathaway Energy, a consolidated subsid- iary of Berkshire Hathaway Inc. HomeServices' operating compa- nies offer integrated real estate services, including brokerage services, mortgage originations, title and closing services, property and casualty insurance, home warranties, and other homeown- ership services. HomeServices Relocation, LLC, is the full-service relocation arm of HomeServices of America, which provides every aspect of domestic and interna- tional relocation to corporations around the world. Ellie Mae Introduces Two New Applications on Encompass NEW MORTGAGE SOLUTION PLATFORMS AVAILABLE TO LENDERS AIM TO LEVERAGE FASTER ACCESS TO DATA. 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 using real-time data and is available to all lenders using the Encompass NG Lending Platform. Early adopters are already leverag - ing the power of the solution to not just gain greater insight into their business, but to incorporate machine learning, artificial intel- ligence, and process automation to create their own unique versions of a digital mortgage. Specifically, Data Connect gives lenders streamlined data access, enhanced security through encryption of personally identifiable informa - tion, 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-proofed loan data and docs. Encompass Investor Connect replaces the Encompass Data & Docs Solution and is purposely built on the Encompass NG Lending Platform framework for a true digital mortgage experi - ence. It supports the needs of lenders and investors, removing the manual loan package delivery process by automating directly from the Encompass LOS to the investor, improving pricing tiers and purchase times while enhancing efficiency, 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," Joe Tyrrell, EVP of Corporate Strategy for Ellie Mae said. "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." "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 revalidation." —Joe Tyrrell, EVP of Corporate Strategy, Ellie Mae

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