Ellie Mae, a software provider for the mortgage industry, has launched its Encompass Processing Network, which will enable Encompass users to outsource loan-processing services from within Encompass to reduce mortgage processing costs and increase efficiency, the company said today. The Encompass Processing Network provides mortgage originators instant access to domestic and offshore loan-processing services. E-OPS Loan Processing is one of the first service providers to be integrated within the Encompass Processing Network. E-OPS is an around-the-clock, offshore, paperless mortgage processing service. The Encompass Processing Network will enable originators to easily submit a file to E-OPS for loan processing. Originators will simply select E-OPS from the "Services" tab within Enc...
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