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WKFS and Ellie Mae Partner for E-Closing

By Anthony Garritano

Tony GarritanoWolters Kluwer Financial Services and Ellie Mae have announced a partnership agreement that will create a seamless integration between Desert Document Services, WKFS' document preparation solution, and Encompass Closer, Ellie Mae's closing solution that enables users to complete the entire closing process all in one system. Now, users of Encompass Closer will be able to easily access Desert Document Services from within the Encompass mortgage management system.

The collaboration will enable lenders and brokers who utilize Encompass Closer to connect to Desert Document Services' document preparation solution, to help protect themselves from secondary market risks and increase their speed, accuracy and flexibility in preparing and delivering compliant disclosure and closing package documents. As an added benefit, this integration will also give Encompass customers access to WKFS' VMP Mortgage Solutions compliance forms and content, found within the Desert Document Services solution.

"By adding Desert Document Services to the other suppliers in our integrated Encompass document solution, we will be offering virtually any type of document set for any investor to our customer base," said Richard Roof, senior vice president of strategic partnerships at Ellie Mae. "Wolters Kluwer Financial Services is a very high quality service provider with excellent technology that will work seamlessly and easily with Encompass Closer."

"We're very happy to be partnering with Ellie Mae," noted Jason Marx, general manager of Wolters Kluwer Financial Services mortgage line of business. "Like Wolters Kluwer Financial Services, Ellie Mae has a reputation for leveraging technology to make the mortgage origination process much more efficient and cost-effective for lenders. By working together, Wolters Kluwer Financial Services and Ellie Mae will be helping lenders increase operational efficiencies and reduce secondary market risk, which is more important than ever in today's current mortgage market."


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