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Ellie Mae's Encompass360 Mortgage Management Software Selected by Veterans United Home Loans System Chosen with Eye Towards Enhanced Customer Experience PLEASANTON, Calif.--(BUSINESS WIRE)-- Ellie ...
Ellie Mae Inc., originally named Electronic Mortgage Affiliates, [1] is a software company that processes 35% of U.S. mortgage applications. [2] The services are based on a software as a service model (SaaS), [3] and specializes in originating and funding new mortgage loans and facilitating regulatory compliance.
Encompass develops beverage distributing software for multiple distributors in the beverage industry. The company incorporates software products pertaining to WMS, voice-directed order picking, and IOT-hardware offerings such as PFDex, ASI, Scale Controller, and Warehouse Control System. Encompass uses a web-based cloud system.
Bank of America Home Loans is the mortgage unit of Bank of America.It previously existed as an independent company called Countrywide Financial from 1969 to 2008. In 2008, Bank of America purchased the failing Countrywide Financial for $4.1 billion.
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In 1997, Mortgagebot was formed as the mortgage subsidiary of M&I Bank. The bank's consumer-direct system for taking mortgage applications was originally developed to enable M&I's mortgage business to take advantage of the growth of the Internet. [citation needed] In 2001, Mortgagebot was spun off from M&I Bank in a management-led buyout. [1]
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