Integration Enhances Income Calculation And Analysis

Indecomm Global Services, a provider of mortgage technology, training, and outsourcing services, announced that its income calculation and analysis platform, IncomeGenius, is now available through Encompass LOS. The seamless integration allows lenders to perform an income analysis with IncomeGenius directly through Encompass to drive quality and efficiency in the loan origination process.

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IncomeGenius is a web-based SaaS solution that uses Optical Character Recognition (OCR) to automate the income calculation process. The integration of documents and data from Encompass to IncomeGeniusis is an effective way for clients to improve their underwriting process. It simplifies the task of calculating income for borrowers and highlights problem areas requiring the underwriter’s attention. Lenders see a dramatic improvement in efficiency, especially with those that include tax returns. This replaces traditional Excel calculations and macros, resulting in significant timesavings for underwriters, and boosts their throughput with more loans processed in a day.

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“Indecomm Global Services is delighted to partner with Ellie Mae,” said Rajan Nair, CEO, Financial Services, Indecomm Global Services. “Our secure, seamless integration with Encompass enables our clients to simplify the process of ordering an income calculation through IncomeGenius, so they can more efficiently process mortgage loans and grow their business. We look forward to a long and successful relationship with Ellie Mae.”

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Indecomm offers consulting, outsourcing, learning, and technology solutions to its clients in the financial services, hi-tech, life sciences, education, and publishing verticals. Indecomm combines technology platform-driven outsourcing solutions with a flexible delivery model. Indecomm helps its clients improve profitability, gain time-to-market advantage, and achieve immediate return-on-investment. Indecomm was founded in 2003 and has been consistently ranked amongst the Global Top 100 IT and ITeS providers for over a decade. With over 3,500 associates worldwide, Indecomm services its clients from global delivery centers and offices in the United States, Costa Rica, the United Kingdom, India, Malaysia, Singapore, Indonesia, the Philippines, Mauritius, and the Cayman Islands.