SOURCE: SOURCECORP

SOURCECORP

November 18, 2010 10:42 ET

UPDATE: SOURCECORP Partners With Ellie Mae® to Develop Integrated Solution for Easier, Faster Loan Document Management

Solution Enables One-Click Uploading of Loan File Images From Ellie Mae Customers to Integrated Investors

DALLAS, TX--(Marketwire - November 18, 2010) -  SOURCECORP, Incorporated today announced that it has partnered with Ellie Mae® to develop an integrated solution that enables Ellie Mae customers to securely and efficiently transfer electronic loan files to integrated investors that use FASTRIEVE, SOURCECORP's web-based electronic document repository and workflow management system. With the click of a button, customers using Ellie Mae's Encompass360™ Mortgage Management Solution can securely submit their electronic loan files into an investor's FASTRIEVE system.

The integrated solution enables loan file images to be automatically packaged and delivered to correspondent investors and servicers as needed. Secure data transmission ensures that all proper images are transferred, eliminating missing documents and saving the time and cost associated with manually copying and uploading individual documents.

"Previously, the process of exporting images from Encompass360 to investors using FASTRIEVE was time and labor intensive. But with the new integrated solution, the process is automatic and seamless, saving Ellie Mae customers anywhere from 5 to 15 minutes per file," stated Michael Zwall, Director of Mortgage Services for SOURCECORP's BPS Division. "With an unparalleled level of configurability, our industry leading technology enables integration with key service and technology providers, like Ellie Mae, to support a paperless workflow throughout the origination process."

A leader in the mortgage market, SOURCECORP provides mortgage bankers, financial institutions, the clients they serve and their business partners with solutions that significantly improve operational efficiencies, reduce cycle time and time to market, and manage critical communications throughout a loan's lifecycle. In addition, the web-based, software-as-a-service (SaaS) interface of the FASTRIEVE solution allows users to securely and easily locate and retrieve documents.

About SOURCECORP®
 
SOURCECORP, Incorporated provides business process outsourcing solutions and specialized high value consulting services to clients throughout the United States. SOURCECORP focuses on business processes in information-intensive industries including healthcare, legal, commercial, financial services, government, and transportation and logistics. Headquartered in Dallas, SOURCECORP serves clients throughout the United States through a network of locations in the U.S., Mexico, Philippines and India.

For more information about SOURCECORP's solutions visit our corporate website at www.sourcecorp.com

Ellie Mae® and Encompass360 are registered trademarks or trademarks of Ellie Mae, Inc. or its subsidiaries. All rights reserved. Other company and product names may be trademarks of their respective owners.