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The shared locks feature in Encompass 360, introduced in the 26.1 release, allows for concurrent editing of loans. This means that APIs can update a loan while it is open in the desktop interface. In previous Encompass releases, when the loan was opened in the Encompass desktop interface it acquired an ‘exclusive lock’ which meant that no…
Encompass Web Migration is a significant investment for any mortgage lender. While the end goal is a modern, browser-based loan origination platform, attempting to migrate everything at once can increase project risk and disrupt daily operations. A phased implementation approach helps organizations modernize their Encompass environment while maintaining business continuity. Phase 1: Discover and Assess…
A successful Encompass Web migration begins long before the first custom form is rebuilt. The most successful implementations start with a comprehensive assessment of the current Encompass environment, identifying opportunities to simplify, modernize, and improve business processes. Before beginning your migration, evaluate these ten critical areas. 1. Plugin Inventory Many Encompass environments accumulate dozens of…
Many mortgage lenders view Encompass Web migration as a straightforward technical upgrade—rebuilding custom forms, converting VB.NET scripts to JavaScript, and moving users to a browser-based interface. In reality, a successful migration is much more than a technology project. It’s an opportunity to modernize your entire loan origination process. Why a “Lift-and-Shift” Migration Falls Short Simply…
The MERS System is a national electronic registry system that tracks the changes in servicing rights and beneficial interests in mortgage loans that are registered on the system. The MERS System integration in Encompass Web helps enable new registration requests with near real time responses to the Encompass user. The integration enables lenders to leverage…
The MERS System is a national electronic registry system that tracks the changes in servicing rights and beneficial interests in mortgage loans that are registered on the system. The MERS System integration in Encompass Web helps enable new registration requests with near real time responses to the Encompass user. The integration enables lenders to leverage…
The ICE 4506C service is supported on the web version of Encompass. This solution helps streamline mortgage processing, accelerate loan approvals, mitigate risk, and enhance customer experience. This blog explores using 4506C in Encompass Web. To Add a Manual Service in Encompass Web Interface: Log into Encompass web interface as an administrator, click the user…
Lock Comparison Tool in Encompass Web can be used to monitor the fields configured in the Lock Comparison Tool Fields setting (desktop version of Encompass) for loan data changes made after a loan is locked. When data in a loan with an active lock is changed, that loan must be validated again using the Validate…
A milestone is a step in the workflow that defines loan activities and the role that carries out those activities. When activities are completed, the milestone is marked as finished, and work begins on the next milestone. This blog explores about navigating milestones in Encompass web version. Select the Timeline icon to view the loan’s milestones and the loan’s…
This blog explores the differences between the standard and alternate versions of LE and CD within Encompass 360. Standard LE and CD The Standard LE and CD (where field ID LE2.X28 is unchecked) were designed by the CFPB for Purchase Transactions allowing lenders to enter payoffs on CD Page 3 in line K04, in addition…