Kroll Factual Data, Inc. said it has added several Kroll Factual Data product integrations into Ellie Mae Inc.´s (NYSE: ELLI) Encompass mortgage management solution.
Kroll Factual Data´s suite of third-party verifications is available now, with a suite of risk mitigation services available later this year. Other Kroll Factual Data services currently integrated with Encompass include Bureau Express Credit Reports, Flood Determination Reports, and Loan Review Report, a product specifically designed to help clients comply with Fannie Mae´s Loan Quality Initiative (LQI).
Kroll Factual Data is a trusted provider of independent verification services to mortgage lenders, banks, credit unions and property management firms. For more than 25 years, Kroll Factual Data has helped clients confidently make prompt, accurate decisions that mitigate risk, enhance safety and soundness, and increase profitability. By aggregating and analyzing information, Kroll Factual Data helps its customers protect its financial assets and make informed decisions. For more information, visit www.krollfactualdata.com.
Ellie Mae is a provider of on-demand automation solutions for the mortgage industry. The company offers an end-to-end solution, delivered using a Software-as-a-Service model that serves as the core operating system for mortgage originators and spans customer relationship management, loan origination and business management. The company also hosts the Ellie Mae Network that allows Encompass users to electronically conduct business transactions with the lenders and settlement service providers they work with to process and fund loans. The company´s offerings include the Encompass and DataTrac mortgage management software systems.
Ellie Mae was founded in 1997 and is based in Pleasanton, California. Its website is at www.EllieMae.com