Mountlake Terrace, WA – MILA, Inc.,
the wholesale mortgage banking company, today announced the addition
of DecisionPoint, MILA’s automated underwriting system into EllieMae’s
ePASS (Electronic Processing and Submission System) software. MILA’s
addition will provide registered ePASS users with a larger network
of lenders to choose from through their specific loan origination software
(LOS).
The Ellie Mae ePASS solution is a universal translator that
enables different LOSs including Encompass, Contour, Genesis, Calyx
Point, Harland, Byte,
and PipeLine, to communicate clearly and quickly with lenders and settlement
providers. With an enhanced network to choose from, brokers will no
longer need to enter redundant data outside of their LOSs.
Today, brokers are now enabled to pull credit, title, order appraisals
and deliver the complete loan file directly to DecisionPoint from any
location. Upon doing so, the broker will be able to easily select their
loan file while ePASS automatically re-configures the file to be compatible
with MILA’s DecisionPoint technology.
“The addition of MILA’s DecisionPoint in Ellie Mae’s
ePASS software offers brokers a seamless and secure opportunity to
connect
with MILA,” said Layne Sapp, MILA CEO. “MILA continues
look for innovative ways to streamline the mortgage process and help
brokers
build their business.”
After a broker submits their file to
DecisionPoint, a loan commitment complete with conditions is generated
in seconds. The loan is then
dropped into AccessPoint, MILA’s loan management system for
complete management functionality of all loans in the pipeline 24
hours a day, 7 days a week.
MILA’s easy-to-use tools are the most advanced in the industry
and help brokers build and manage their business.
MILA offers a broad
range of alternative mortgage-lending products in 26 states and is
one of the fastest growing mortgage lenders in the nation.
In addition to helping brokers manage their loans, MILA’s technology
provides brokers with a fast, consistent loan experience every time.
About MILA, Inc.
MILA, Inc., one of fastest growing mortgage companies in the nation
offers a broad range of alternative mortgage-lending products in
26 states. MILA recently was awarded Customer Service of the Year
by the Better Business Bureau for “outstanding commitment to
exceptional customer service standards in relation to our customers,
employees and surrounding community.” The company’s commitment
to borrowers has enabled MILA to rank among the top wholesale lenders
in the country for more than 15 years. Stability, financial strength
and the successful implementation of business strategies give MILA
the ability to meet the challenges of the ever-changing mortgage
lending markets and to anticipate market trends.
About Ellie Mae
Ellie Mae, Inc., headquartered in Pleasanton, California, is the
leading Internet enabler for the mortgage brokerage industry and
the largest
Loan Origination Software (LOS) provider in the United States. Offering
brokers a variety of processing ecommerce and services. For additional
information, visit www.elliemae.com or call 877-355-4362. |
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