Follow along with us when we review the Preview Release Notes for Encompass® 22.3 Major Release here - https://mortgage.community/courses/8604972/

• GSE Uniform Residential Loan Application (URLA) and Automated Underwriting Systems (AUS) enhancements: 

o Ability to itemize credits on URLA 2020 forms, providing lenders with a more efficient and streamlined loan application and AUS reporting experience.

o Support for Fannie Mae Desktop Underwriter’s median credit score calculation.

o A new Homeownership Education section is available on the 1003 URLA form, enabling lenders to complete the mandatory FNMA SCIF (Supplemental Customer Information)

form by March of 2023.

• Improved integrations with AllRegs and AIQ: 

o Ability to access the AllRegs Search tool within the desktop version, providing users with a more seamless, unified, and efficient way to access and review investor guidelines.

o Ability to access AIQ Analyzers natively in the desktop version of Encompass, providing users the ability to analyze, calculate, and import borrower income more efficiently.

• Support for the new 4506-C Request for Transcript of Tax form:

o New input form to support the creation of collection of data required for the new 4506-C Request for Transcript of Tax form, enabling lenders to test and prepare prior to the

December 1st, 2022 mandatory use deadline.

• Access to web version admin settings 

o Ability to access web version admin settings from natively in the desktop version, providing Admins with an easier and more efficient way to configure and manage service

providers, service orders and task-based workflows.

• Workflow automation enhancements

o Ability to trigger automated actions when a task has been dispositioned, enabling users to save time and improve workflow productivity.

o Ability to automatically update the status of task dispositions based on events that occur within the loan, providing administrators with greater visibility into operational

efficiencies.

• Enhanced support for AUS ordering:

o Support for AUS reports to be ordered in a single click for Fannie Mae’s EarlyCheck and Freddie Mac’s Loan Quality Advisor automated underwriting products within the

Underwriting Center tool.

• Services management improvements: 

o Ability to identify the loan data and fields accessed by integrated service providers when services are ordered, providing Admins with greater visibility and control of the

service ordering process.

• Loan pipeline Enhancements:

o Enhanced filtering and pipeline management options for faster page load times and an improved user experience.

For a complete list of 22.3 Major Release updates for the web version of Encompass, click here to read the release notes in their entirety.