Indecomm Global Services, a provider of mortgage technology, training and outsourcing services, announced that its income calculation and analysis platform, IncomeGenius, is now available through Ellie Mae’s Encompass all-in-one mortgage management solution.

The integration allows lenders to perform an income analysis with IncomeGenius directly through Encompass to drive quality and efficiency in the loan origination process. Indecomm will be presenting IncomeGenius at Ellie Mae Experience 2017, March 6-8, in booth No. 614 at the Wynn Las Vegas.

IncomeGenius is a web-based SaaS solution that uses Optical Character Recognition (OCR) to automate the income calculation process. The integration of documents and data from Encompass to IncomeGenius is an effective way for clients to improve their underwriting process. It simplifies the task of calculating income for borrowers and highlights problem areas requiring the underwriter’s attention. Lenders see a dramatic improvement in efficiency, especially with those that include tax returns. This replaces traditional Excel calculations and macros, resulting in significant time savings for underwriters, and boosts their throughput with more loans processed in a day.

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.

“Indecomm Global Services is delighted to partner with Ellie Mae,” Indecomm Global Services CEO of Financial Services Rajan Nair said in a press release. “Our secure, seamless integration with Encompass enables our clients to simplify the process of ordering an income calculation through IncomeGenius, so they can more efficiently process mortgage loans and grow their business. We look forward to a long and successful relationship with Ellie Mae.”

The partnership enables lenders to access Indecomm’s IncomeGenius for income calculation and analysis through an all-in-one mortgage management solution. Indecomm services its clients from global delivery centers and offices, including the Philippines. The seamless integration allows lenders to perform an income analysis with IncomeGenius directly through Encompass to drive quality and efficiency in the loan origination process, Indecomm said

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Sources:

-http://ziontechgroup.com/blog/2017/02/21/indecomm-global-services-announces-integration-with-ellie-maes-encompass-mortgage-management-solution-cuinsight-com-press-release-6/

-http://doddfrankupdate.com/DFU/articlesDFU/69329.aspx