Reggora, a leading automated appraisal technology for mortgage lenders and appraisers, announced its services are available through Ellie Mae’s Encompass Digital Mortgage Solution. This integration allows lenders to order Reggora’s digital mortgage solution to drive quality and efficiency in the loan origination process, the company stated.
Reggora is an all-in-one appraisal platform for lenders and appraisers. Through automated and customizable workflows, Reggora streamlines the appraisal process for lenders – including payment processing, algorithmic ordering, automatic rule-based reviews, appraisal delivery, status updates, and more, the company announced in a press release.
Ellie Mae’s Encompass digital mortgage solution 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, Reggora said.
“Reggora is looking forward to a strong partnership with Ellie Mae,” Reggora CEO Brian Zitin said in the release. “Through this secure and seamless integration, lenders across the country can truly begin to transform and automate their entire appraisal process without any friction to their existing workflows.
“As the appraisal continues to evolve it is going to be important for lenders to embrace technological solutions in order to impress borrowers with a truly digital process. With the help of Ellie Mae, Reggora is facilitating this transition,” Zitin added.