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NewRez Correspondent Lending Division Launches Integration with Ellie Mae’s Encompass Investor Connect™

PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)--

Innovative System-to-System Workflow Simplifies the Process of Doing Business with Lenders

National mortgage lender NewRez (formerly New Penn Financial) announced today the integration of Ellie Mae’s Encompass Investor ConnectTM, an innovative solution which streamlines workflows between lenders and correspondent investors.

Encompass Investor Connect establishes secure system-to-system workflows, ensuring the delivery of accurate and complete loan packages between lenders and correspondent investors. This digital solution accelerates purchase times and enhances efficiency.

“We’re excited to add Encompass Investor Connect into our digital mortgage toolkit,” said Lisa Schreiber, Senior Vice President of Correspondent Lending at NewRez. “The implementation of this solution will enable us to improve transparency and collaboration between the sales and operations teams at NewRez and our clients.”

NewRez is committed to creating a seamless digital mortgage experience, focused on providing easily accessible point of sales tools that allow for more accurate, timely responses. The integration with Encompass Investor Connect is just one of the ways in which NewRez is distinguishing itself from other lenders.

Schreiber looks forward to the future with Encompass Investor Connect, noting that it will “greatly improve the time it takes to purchase loans, reducing conditions on deliveries and ultimately supporting our unbeatable customer experience.”

To contact a Sales Representative or to learn more, visit newrezcorrespondent.com.

About NewRez

NewRez LLC (NewRez), formerly New Penn Financial, LLC, is a leading nationwide lender that focuses on offering a breadth of industry-leading products, supported by a loan process that blends both human interaction and the benefits of technology into an unparalleled customer experience. Founded in 2008 and licensed to lend in 49 states, NewRez is headquartered in Plymouth Meeting, Pennsylvania and operates multiple lending channels, including Wholesale, Correspondent Lending, Direct-to-Consumer, Retail, and a network of Joint Venture partners. NewRez is a Shellpoint Partners company and a member of the New Residential Investment Corp. family. More information is available at newrezcorrespondent.com.

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