“First true integration” between appraiser and client desktops

Written by on March 16, 2005

Your residential clients use Loan Origination Systems (LOSs) the way you use WinTOTAL form filling software – it's their mission critical application they use to manage almost everything they do day to day. They keep track of borrowers' files and paperwork. They order credit scores and get preliminary underwriting decisions. They order appraisals.

Soon thousands of users of some of the very best LOSs on the market – Encompass®, Genesis 2000® and Contour™, all developed by Ellie Mae – will be using the XSites Network back end to order, keep track of and receive those appraisals. Encompass, Genesis and Contour users will place orders right through their LOS, and the data will flow into your formfilling software on the other end (regardless, as always, of brand). You manage the assignment the way you manage one you've received from a visitor to your XSite. And you deliver the final product the same way, too. You'll just do it more often.

We're accomplishing this by building a custom Ellie Mae plugin for XSite Order Manager, and by building new custom facilities within Ellie Mae's suite of LOS products. We've done plenty of plugins you're familiar with for lenders and management companies. Same concept, but with an important difference. These plugins are more "ground level" – orders come right from the desktop of your broker/loan officer client to yours.

Ellie Mae users will benefit because with a few clicks their order can be routed right into the software of an appraiser in any county in any state. "This partnership marks the first true software integration of two of the most important stakeholders within the mortgage origination process, the originator and the appraiser," said Joseph P. Tyrrell, Senior Vice President of Ellie Mae. "While other attempts to improve the communication and efficiencies between these two critical parties have largely been one-sided, including solutions that others have tried to distribute through our network, our partnership with a la mode will result in true value for both the loan originator and the appraiser."

"While other companies have tried to take an indirect approach to improving communication, a la mode and Ellie Mae have created a direct path, bolting together the desktops of both the loan officer and the appraiser," said Scott Kinnaird, our Chief Strategy Officer.

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