The continuing convergence between mortgage lending and technology is changing the way the industry is and will do business, and has caught the eye of federal regulators tasked with overseeing the system.
At the Mortgage Banker Association annual convention in Boston, Ellie Mae unveiled its latest effort to unite lenders and technology with the launch of the Encompass Lending Platform. Executive Vice President, Corporate Strategy Joe Tyrrell sat with Dodd Frank Update at the show to talk about the innovation and what it will mean for the industry.
Read on for details about the program and when key aspects of it will be available.