Partnership enables Encompass users direct access to Clear Capital’s industry-leading valuation products and modern appraisal innovation
RENO, Nev. — March 5, 2019 — Clear Capital, the premier provider of real estate valuation, analytics, and platform technology solutions, today announced its integration with Ellie Mae’s Encompass Partner Connect™.
As an early adopter of the Encompass Partner Connect APIs, Clear Capital is providing a competitive edge for Encompass users, not only through easy ordering and integrated management of the appraisal process, but also through its participation with Ellie Mae’s technology to automate service ordering. This eliminates the need for lenders to click buttons while also reducing costs and improving efficiency.
“We’re excited about what’s possible because of our mutual use of modern technology,” said Kenon Chen, executive vice president of strategic partnerships at Clear Capital. “Clear Capital is leading the way in modern appraisal solutions through our analytics, inspection technology, and proven success with bifurcated and hybrid appraisals. We see Ellie Mae’s platform as a strategic partner for making it simpler for lenders to streamline the valuation process and adopt appraisal modernization and waiver programs in the future, all of which will reduce time, cost, and improve the home-buying experience in a tight margin environment. As a trusted solution provider to investors and the largest lenders, we see the Ellie Mae partnership as an important partnership.”
The integration will be available to Encompass users on both current-generation Encompass and the next-generation platform. It will also connect with Clear Capital’s valuation review platform, ClearCollateral®, giving Encompass users the option to streamline collateral underwriting, manage orders and providers, and more.
“We are thrilled that Clear Capital is an early adopter of Encompass Partner Connect,” said Parvesh Sahi, senior vice president of business development for Ellie Mae. “This partnership is a testament to both organizations to build, deploy, and innovate appraisal and service ordering solutions and to make them easily accessible to our broad network of lenders. Together, we are delivering on the promise of a true digital mortgage.”
Ellie Mae is a leading provider of innovative, on-demand software solutions and services for the residential mortgage industry. Encompass provides one system of record that enables banks, credit unions, and mortgage lenders to originate and fund mortgages and improve compliance, loan quality, and efficiency.
About Clear Capital
Clear Capital is pioneering the future of real estate valuation, analytics, and platform technology solutions. Powered by its more than 45 years worth of information on nearly every U.S. metro, neighborhood, and property, Clear Capital’s solutions are trusted by the smallest community credit unions and the nation’s largest financial institutions alike. Clear Capital is headquartered in Reno, Nevada with a team of more than 500 nationwide, dedicated to going wherever it leads, and doing whatever it takes. Discover more at clearcapital.com.