RADNOR, Pa.--(BUSINESS WIRE)--
Essent Guaranty, Inc., a nationwide provider of mortgage insurance (MI)
and subsidiary of Essent Group Ltd. (NYSE: ESNT), announced today an
enhancement to their integration on Ellie Mae’s Encompass® all-in-one
mortgage management solution. As part of the integration, Essent’s
customers can now submit non-delegated loans along with documents
through a seamless document upload.
Beyond checking rate quotes and ordering MI, lenders are able to submit
non-delegated and delegated mortgage loans based on Essent’s mortgage
insurance guidelines through Encompass. Further, Essent’s customers can
upload documents from either their Encompass eFolder or local file
system.
Ellie Mae is a leading provider of innovative on-demand software
solutions and services for the residential mortgage industry. Ellie
Mae’s Encompass all-in-one mortgage management solution provides one
system of record that enables banks, credit unions and mortgage lenders
to originate and fund mortgages and improve compliance, loan quality and
efficiency.
“With the addition of the seamless upload in Encompass, lenders working
with Essent will be able to manage multiple documents and work on other
loans at the same time while on the platform,” said Bill Kaiser,
Essent’s chief operations officer. “Now, ordering Essent mortgage
insurance is faster and simpler because of the enhanced Encompass
integration.”
About Essent:
Essent Group Ltd. (NYSE: ESNT) is a Bermuda-based holding company
(collectively with its subsidiaries, “Essent”) which, through its
wholly-owned subsidiary Essent Guaranty, Inc., offers private mortgage
insurance for single-family mortgage loans in the United States. Essent
provides private capital to mitigate mortgage credit risk, allowing
lenders to make additional mortgage financing available to prospective
homeowners. Headquartered in Radnor, Pennsylvania, Essent Guaranty, Inc.
is licensed to write mortgage insurance in all 50 states and the
District of Columbia, and is approved by Fannie Mae and Freddie Mac.
Essent also offers mortgage-related insurance and reinsurance through
its Bermuda-based subsidiary, Essent Reinsurance Ltd. Additional
information regarding Essent can be found at www.essentgroup.com
and www.essent.us.
Source: Essent Group Ltd.
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Source: Essent Group Ltd.