.png?width=500&height=100&name=Simplify%20The%20Machine%20-%20Logo%20(2).png)
.png?width=50&name=Black%20%26%20White%20Typography%20Creative%20Artist%20ArtDesign%20Logo%20%20(4).png)
Whether you're a small broker or an enterprise mortgage lender, you likely invest a considerable...
Who Reads Release Notes Anyway?
Discovering the Overlooked Gems of Encompass v. 24.1
While every Encompass Administrator might be painfully aware of the archived loans feature from the latest update—thanks to its workflow disruptions—there are several lesser-known yet impactful features in version 24.1 that might have flown under your radar. Let's explore these hidden enhancements that can significantly improve your administrative efficiency and compliance, beyond the infamous archived loans.
Please Note: The most up to date release notes are always available in the ICE Resource Center.
Disclosure Alerts - Updated
One of the standout updates in Encompass v. 24.1 update is the introduction of new disclosure alerts and date fields. These features are accessible through the Encompass Settings > Alerts tool and are triggered in both the desktop and web versions of Encompass.
Automated Data Completion
The new release introduces a category in the Admin Tools > Settings Manager specifically for Automated Data Completion. This feature allows Encompass to automatically retrieve and populate data within the Home Counseling Provider List and the Area Median Income (AMI) data on the Borrower Summary - Origination.
State License IDs via API
Another significant update in Encompass v. 24.1 is the capability to populate the company’s and interviewer’s State License ID numbers through a ‘create loan’ API call. This feature helps maintain compliance with state-specific licensing requirements seamlessly.
By embracing these new capabilities, Encompass Administrators can look forward to a more streamlined, compliant, and efficient operation, making the most of the technology at their disposal to drive success in their roles.
FAQ
Q: Where can I find detailed information about the input form fields in Encompass?
A: For a comprehensive list of input form fields in Encompass, you can utilize the Encompass Field Look Up self-service tool.
Q: How can I ensure my Encompass settings are properly configured for the 24.1 release?
A: To align your Encompass settings with the latest features and ensure they support your operational policies, refer to the Encompass Administrator Checklist for the 24.1 Major Release.
Q: Where can I access additional help and documentation for Encompass 24.1?
A: For more detailed guidance and documentation related to Encompass 24.1, visit the Guides & Documents page on the Encompass online help site, or explore the Resource Center.