[August 09, 2004] Ellie Mae's Encompass Mortgage Software Integrates HMDA Software from PCi Corporation; Customers Now Able to Comply with HMDA More Easily with Encompass 1.5. DUBLIN, Calif. --(Business Wire)-- Aug. 9, 2004 -- Ellie Mae(R) Inc., the leading provider of desktop and Web-enabled productivity solutions and software for the mortgage industry, today announced that Encompass(TM) 1.5 users will now have access to the industry leading Wiz Basic Home Mortgage Disclosure Act (HMDA) software from PCi Corporation. Ellie Mae's Encompass is the first mortgage processing and management system that automates the loan origination process actually used by mortgage professionals. Last year PCi became the sole provider of geocoding and HMDA software for Ellie Mae's Genesis and Contour Loan Origination Software applications. Ellie Mae selected PCi to provide HMDA compliance functionality because of its position in the industry and advanced technical and development experience. With this new integration, Encompass customers will now have access to the same Wiz Basic professional HMDA compliance tool. "Wiz Basic's complete front-end HMDA management solution provides completely integrated and seamless single-record and batch-mode geocoding, edit checks, reporting and submission capabilities. As a result, Encompass clients will spend less time and energy in ensuring HMDA compliance, without the need to re-key data, maintain separate HMDA compliance software or become compliance experts," said Jason Hammond, PCi's Director of Business Development. "We are excited to be working with PCi to provide HMDA compliance functionality in all of our mortgage software applications, and particularly in Encompass," said Joseph Tyrrell, SVP Vendor Relations. "With 2004 being the first year in which lenders are responsible for tracking and reporting additional HMDA data fields, we believe that Wiz Basic will relieve Ellie Mae's customers of concerns about complying with the new regulations." About PCi Corporation PCi Corporation is the industry choice for institutions seeking to keep lending in compliance with both regulatory and internal business standards. Over 2000 institutions, including 93 of the top 100 lenders, rely on PCi's software and professional services to monitor, detect, analyze, and resolve compliance demands throughout the entire lending process. Compliance expertise, acquired during more than ten years of operating success, positions PCi to help lenders produce compliance-certified loans that minimize risk, identify lending opportunities, add value to portfolios, and serve the needs of their communities. PCi is based in Boston, MA. About Ellie Mae, Inc. Dublin, California-based Ellie Mae, Inc., winner of the 2003 Inman Innovator Award for Most Innovative Company in the mortgage and real estate industries, is the leading provider of desktop and web-enabled mortgage industry productivity technology. Ellie Mae's ePASS Web-transaction platform is the industry standard, connecting more than 30,000 third-party mortgage origination companies with leading wholesale and correspondent lenders and 90,000 settlement service providers. Ellie Mae products include the Encompass mortgage management system, Contour and Genesis loan origination software, Executive Web Sites and Ellie Mae Docs. To learn more about Ellie Mae, call 888-955-9100 or visit www.elliemae.com. Ellie Mae(R), ePASS(R), Contour(TM), Genesis(TM), Executive Web Sites(TM), and Ellie Mae Docs(TM) are the sole property of Ellie Mae, Inc. [ Back To TMCnet.com's Homepage ]