Flueid Decision Now Integrated with Encompass Loan Origination System


Flueid, a technology company that provides title data and intelligence, says its Flueid Decision platform is now available through Encompass by ICE Mortgage Technology. Flueid’s title data and insights will help save days in loan origination and processing, the company says.

The Flueid Decision integration uses data to drive greater transparency and awareness on the condition of title from borrower engagement through closing. Loan officers and underwriters can check title at loan application and review critical insights, identifying which transactions are cleared for an accelerated five-day closing for home equity or 10-day closing for refinance.

This intelligence is provided in minutes via a simple, data-driven report within Encompass to fuel workflows. This, in turn, reduces cancellation ratios for title partners, as lenders are ordering a title commitment or title report with confidence knowing which transactions are most likely to close.

Key integration benefits include the following:

  • Shortened cycle times: Ask questions, verify details and gather information from consumers in one step to eliminate surprises or timeline changes stemming from items uncovered after title report or title commitment is delivered;
  • Reduced loan fallout and costs: Save resources by prioritizing files cleared of title issues and avoiding loan fallout later in the loan life cycle;
  • Data and decision accuracy: Title insights are based on best practices, industry experience and robust data sets;
  • Integration simplicity: Ability to access Flueid Decision without leaving the Encompass platform.

“Rather than waiting until after title is ordered to understand if any issues exist, we deliver the insights from Flueid Decision to lenders while reviewing an application so they know immediately if a consumer and property are clear and can be fast-tracked to closing,” says Matt Regan, executive vice president of transaction management systems at Flueid.

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