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One Touch Pricing provides fast and accurate pricing using ePASS
Montville NJ, June 6, 2009 — Mortgage Pricing Systems (MPS) announced the release of a complete and seamless integration between LEAP!, the advanced mortgage product and pricing and product service from MPS, and Encompass, Ellie Mae's award winning loan origination and mortgage management technology. With one touch pricing, Encompass users can directly price loan scenarios without cumbersome screens of data entry and validation.
"The integration of Encompass and LEAP! was everything we expected from two professional companies," says Craig Willis, CTO of Amerifirst Financial of Mesa, Arizona. "Our users were floored with how easy it was to price loans and locks. And since we've been LEAP! users for quite sometime, we knew the results were accurate."
John Coppa, Managing Partner at Mortgage Pricing Systems, points out the difference between LEAP! and similar pricing vendors. "The release of our LoanStorm technology last year, really changed the landscape of how we interract and integrate with other venders. For an Encompass user, being instantly presented with results that they can sort and filter on screen is invaluable. Most users hardly realize that they've left the Encompass system at all."
About MPS:
Mortgage Pricing Systems develops and maintains product eligibility and loan pricing solutions for small, medium and
large mortgage banks. LEAP! Interactive, the point-of-sale,
online technology fully integrates into existing client platforms. In addition, other LEAP! products
include automatic rate alerts, batch pricing, and numerous API solutions. All MPS offerings feature the same robust, rules engine incorporating up-to-the-minute
pricing, guideline and adjustment changes, ensuring bankers and investors accurate, actionable and profitable results.
About Ellie Mae, Inc.:
Ellie Mae is an award-winning provider of software and services for the mortgage industry,
offering comprehensive business solutions for mortgage bankers, mortgage brokers and lenders.
The company's key offerings include the flagship Encompass® Mortgage Management Solution,
Encompass CenterWise™ and Encompass Closer. More than 120,000 mortgage professionals use the
Encompass Mortgage Management Solution. Ellie Mae, recipient of the prestigious Inman Award as
the most innovative company in the mortgage industry, is recognized for developing technology
that links the many parties critical to the mortgage origination industry through its patented
ePASS® technology. One quarter of the nation's almost $3 trillion in new mortgages originated
every year pass through Ellie Mae’s ePASS technology, enabling mortgage companies to easily and
securely conduct electronic business transactions with dozens of leading lenders and more than
2,000 settlement service providers. Ellie Mae is also the parent of Online Documents, the
industry’s leading provider of flexible, compliant electronic mortgage documents and related
services for the mortgage industry. Ellie Mae was founded in 1998 and is based in Pleasanton,
California. To learn more about Ellie Mae, visit www.EllieMae.com
or call 877.355.4362.
Press Contact:
Tom Lyons
tlyons@mtgpricing.com
(973) 917-3050