EnTitle Insurance Company Announces Integration with Ellie Mae's Encompass360TM
EnTitle Insurance Company Announces Integration with Ellie Mae's Encompass360TM
Integration Allows Lenders to Effortlessly Order Title and Settlement Services Using EnTitle Insurance Company's Revolutionary Direct-to-Consumer Rates
STAMFORD, Conn.--(BUSINESS WIRE)-- EnTitle Insurance Company (the "Company"), the country's leading direct-to-consumer title insurance underwriter, announced today that lenders using Ellie Mae's Encompass360TM Mortgage Management Solution will have the ability to save their clients hundreds or even thousands of dollars in closing costs by selecting EnTitle Insurance Company for title and settlement services in the Encompass360 system. The solution builds on the Company's best-in-class service standards by allowing for seamless integration with lenders during the origination process.
By building a highly efficient centralized operating platform and eliminating title agent commissions (which can be as much as 80% of the title insurance premium), EnTitle Insurance Company offers title premium savings of up to 35% when compared to the competition. Mortgage professionals who quote the Company's reduced title premiums on their Good Faith Estimates are able to compete for business without the need to reduce their own fees. Timothy Dwyer, President of EnTitle Insurance Company states, "Not only are our rates a weapon that lenders use to beat their competition, but we deliver an efficient closing experience. With our Encompass360 integration we have expanded our outstanding service by providing effortless ordering for more lenders."
The Company is integrating with Encompass360TM because lenders who use the mortgage management solution are focused on efficiently controlling their process from origination through post-closing. By using both ENTITLE DIRECT and Encompass360TM, these lenders will achieve highly efficient and low cost loan origination. Dwyer states, "We currently work with many lenders who use Encompass360. We are now offering a new avenue to access the ENTITLE DIRECT pricing advantage for our existing client base, plus ensuring easy accessibility to our reduced rates for a new group of originators."
Technology is an emphasis for EnTitle Insurance Company, as evidenced by the recent hiring of Jeff Davis (the architect of priceline.com's infrastructure who was responsible for scaling the company from 25 airline tickets per day to 25,000 tickets) as CTO. In fact, the Company's direct-to-consumer model brought simplified title and settlement services to the Internet. EnTitle Insurance Company is currently licensed in forty jurisdictions throughout the country with continued plans for expansion of footprint and technology offerings.
About ENTITLE DIRECT:
Entitle Direct Group, Inc. is based in Stamford, Connecticut, and is the parent company of EnTitle Insurance Company, the country's first direct-to-consumer title insurance company offering savings of up to 35% on title insurance. ENTITLE DIRECT (www.ENTITLEDIRECT.com) is the direct-to-consumer distribution channel of EnTitle Insurance Company. ENTITLE DIRECT already has saved consumers millions of dollars on title insurance. Entitle Direct Group, Inc. is supported by an investment from an affiliate of PartnerRe Ltd. (NYS: PRE) .
EnTitle Insurance Company was founded in 1978 in Cleveland, Ohio, where it remains headquartered today. EnTitle Insurance is regulated by the Ohio Department of Insurance and is approved to issue title insurance by the Department of Insurance in every state where its policies are offered. EnTitle Insurance Company is a member of the American Land Title Association and only issues policy forms approved by the American Land Title Association and other state associations where applicable.
Timothy Dwyer is available for interview.
Entitle Direct Group, Inc.
Alexander Rotolo, 203-724-1143
alex.rotolo@entitledirect.com
KEYWORDS: United States North America Connecticut
INDUSTRY KEYWORDS:
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