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11/18/2004
MILA, INC. IMPLEMENTS ELLIE MAE’S CLICKLOAN INTO DECISIONPOINT

Mountlake Terrace, WA – MILA, Inc., the wholesale mortgage banking company, today announced the integration of EllieMae’s ClickLoan software into DecisionPoint, MILA’s automated underwriting system. This integration allows brokers to expedite the upload of their loan applications from their desktop loan origination system (LOS) directly into DecisionPoint.

Before ClickLoan, brokers entering DecisionPoint were required to transfer a loan application from their LOS system through a series of export/import steps. With ClickLoan the application upload process has been reduced to two simple clicks. This allows brokers to quickly and efficiently upload standard 1003 files that they have captured using any of the top LOSs in a secure manner.

Benefits of the ClickLoan System
The ClickLoan software solution will help brokers improve efficiencies when submitting a loan to MILA. To submit a loan, the user selects their LOS system from the DecisionPoint home page, highlights their loan and clicks the submit button. Their application is immediately uploaded into DecisionPoint.

“With the integration of ClickLoan, we are seeing the true power of partnerships and technology," said Layne Sapp, MILA CEO. "We are delivering the best of both worlds, the best available mortgage technology with the best customer service anywhere."

Once the application is uploaded, the broker can run the application through DecisionPoint where the system will offer the best loan programs available to the borrower. Once the broker issues the loan commitment through DecisionPoint, the application drops into AccessPoint. MILA’s AccessPoint provides easy access to view loan submissions in real-time throughout the loan processing and closing process.

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.



Contact: Michelle Homes
Michelle.Homes@mila.com
425.275.0800



 






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