ValuTrac Software, a software solutions provider to the appraisal management and mortgage lending industry, has integrated with Ellie Mae's Encompass mortgage management solution to facilitate the appraisal portion of the loan process.
The integration will increase efficiency and remove risk for Encompass users by automating complicated appraisal steps, says ValuTrac.
Joe Tyrrell, a senior vice president of Ellie Mae, says these types of integrations ‘across the lending ecosystem are creating significant efficiencies, as well as a higher standard for the mortgage process.’
