An enhancement to a widely used loan origination platform can enable a home lender to close a loan without a mortgage originator — though some clients require a human touch.

Encompass Consumer Direct was unveiled by Ellie Mae Inc. on Monday. The system is part of the mortgage technology provider’s Consumer Engagement Suite.

According to a news release from the Pleasanton, California-based company, the offering “delivers a true digital mortgage.”


Source: Mortgage Daily