As RESPA-TILA Deadline Approaches, Ellie Mae Offers Additional Resources And Training
September 28, 2015 – Pleasanton, Calif. – Ellie Mae® (NYSE: ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, today announced additional resources and training are now available leading up to the RESPA-TILA Integrated Disclosures effective date. To support customers and aid in readying for the workflow changes, Ellie Mae has added and updated resources on Compliance Central, such as:
Ask A Regulator State Mortgage Compliance Q&A Summary – Annually we open up the opportunity to get answers to the industry as a whole, and ask AllRegs clients, noncustomers, and other industry professionals to send us the state compliance questions they’d like to have answered.
RESPA-TILA FAQ – The comprehensive resource was created by a team of Ellie Mae compliance experts and is designed to help mortgage landers understand and comply with the RESPA-TILA Integrated Mortgage Disclosure Rule. The 16-chapter online document includes answers to the most common questions from Ellie Mae webinars, town halls and training.
eLearning – Self-paced and thorough, Ellie Mae is offering courses have been engineered to introduce the new concepts from RESPA-TILA. Courses including preparing the loan estimate forms and preparing the closing disclosure forms
Ellie Mae customers can also utilize the Ellie Mae Resource Center to take advantage of the complete library of help resources. Additionally, for high-priority TRID-related issues, Ellie Mae’s Technical Support will be open on Saturday, October 3rd and Sunday, October 4th from 5:00am – 5:00pm PT. All inbound channels will be available to customers just as they are during standard hours of operation.
“Our goal is to help mortgage lenders of all sizes feel prepared and confident for the RESPA-TILA Integrated Mortgage Disclosure Rule on October 3rd and beyond,” said Jonathan Corr, president and CEO of Ellie Mae. “Thanks to our world-class development team, our compliance experts and our entire dedicated staff, we are able to offer comprehensive resources and training to help our customers prepare for this major change and we’re adding new resources to respond to feedback and concerns.”
Ellie Mae would like to note that these resources being provided as a courtesy to industry participants and should not be construed as legal advice. Furthermore, Ellie Mae would like to note that readers of the FAQ and Q&A should consult with their own compliance staff or attorneys to ensure their compliance with the new regulations.
About Ellie Mae:
Ellie Mae (NYSE:ELLI) is a leading provider of innovative on-demand software solutions and services for the residential mortgage industry. Mortgage lenders of all sizes use Ellie Mae’s Encompass® all-in-one mortgage management solution, Mavent Compliance Service and AllRegs research, reference and education resources to improve compliance, loan quality and efficiency across the entire mortgage lifecycle. Visit EllieMae.com or call 877.355.4362 to learn more.