Ellie
Mae®, the leading cloud-based platform provider for the mortgage
finance industry, today announced the Uniform
Residential Loan Application (URLA) Training Roadshow will be coming
to 14 locations across the United States. The URLA Training Roadshow
offers Encompass®-specific training to help Encompass system
administrators and end-users gain first-hand experience and personal
guidance with all new URLA functionality.
Fannie Mae and Freddie Mac, under direction of their regulator the
Federal Housing Finance Agency (FHFA), are creating a new URLA along
with a new corresponding MISMO v3.4 dataset, a.k.a. the Uniform Loan
Application Dataset (ULAD). The requirements for the new URLA and ULAD
are currently being tested and will be available starting in July 2019
for lenders to use and will be mandatory for all loans sold either
directly or indirectly (via aggregators / investors) to the GSEs on
February 1, 2020 for loans with application start dates on or after
February 1, 2020.
Two full-day courses will be offered at each stop:
Encompass System Administration and the New URLA
– A one-day training course that will allow Encompass administrators to
experience the end user workflow changes and navigate the admin settings
related to the new redesigned URLA in Encompass. Ellie Mae’s experienced
trainers will provide practical application and hands-on activities to
guide administrators in the setting up of the new URLA in Encompass.
Generating the New URLA with Encompass
– A one-day training that will provide end users with the skills to
navigate the new URLA and the dynamic design of the form in Encompass.
Ellie Mae’s experienced trainers will provide practical application and
hands-on activities of multiple loan types and borrower scenarios that
Encompass users experience daily. Users will navigate through the
platform including accessing the servicing of credit and underwriting.
“Developing a solution for the new URLA isn’t enough,” said Shea Haley,
senior vice president of professional services, Ellie Mae. “We need to
give our customers every opportunity to see the updates and prepare
their teams. With any major change like this, success rests with the
users and this training is designed to get them up to speed quickly so
they can continue manufacturing loans confidently and efficiently.”
The following locations are currently scheduled for the roadshow.
Additional cities may be announced at a later date.
Chicago, IL – August 13-15
Denver, CO – August 20-22
Anaheim,
CA – September 10-12
Washington, DC – September 17-19
Boston,
MA – September 24-26
SF Bay Area (Pleasanton) – October 1-3
Edison,
NJ – October 8-10
Kansas City, MO – October 15-17
Philadelphia,
PA – October 22-24
Dallas, TX – November 5-7
Charlotte, NC –
November 19-21
Phoenix, AZ – December 10-12
Chicago, IL –
January 7-9
Las Vegas, NV – January 14-16
Miami, FL – January
22-24
“Everyone learns differently,” said Clifton Cartwright, senior director
of education delivery, Ellie Mae. “For some, learning in a hands-on
environment with their peers is best. Many of our attendees will come
representing their entire team so we want to provide every opportunity
to offer the knowledge they need to bring back home to prepare.”
For more information and to register for courses visit https://explore.elliemae.com/urla-training-roadshow
In addition to the URLA Training Roadshows, Ellie Mae has developed
additional educational resources to help prepare Encompass clients for
the coming changes provided through Ellie Mae Academy. These resources
include a series of webinars, on-demand videos and eLearning courses
which cover what’s different in the new URLA and how to complete the new
form. Ellie Mae has also developed a detailed URLA Instructional Guide
as a tool to help lenders prepare their own internal training program
which is available for purchase on the Ellie Mae URLA webpage at: https://www.elliemae.com/resources/uniform-residential-loan-application.
About Ellie Mae
Ellie Mae is the leading cloud-based platform provider for the mortgage
finance industry. Ellie Mae’s technology solutions enable lenders to
originate more loans, lower origination costs, and reduce the time to
close, all while ensuring the highest levels of compliance, quality and
efficiency. Visit EllieMae.com
or call (877) 355-4362 to learn more.
© 2019 Ellie Mae, Inc. Ellie
Mae®, Encompass®, AllRegs®,
the Ellie Mae logo and other trademarks or service marks of Ellie Mae,
Inc. appearing herein are the property of Ellie Mae, Inc. or its
subsidiaries. All rights reserved. Other company and product names may
be trademarks or copyrights of their respective owners.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190604005411/en/