Encompass Compliance Service
PaidAutomated compliance auditing and regulatory checking within the Encompass ecosystem
✅Compliance & AuditAbout Encompass Compliance Service
Encompass Compliance Service, part of ICE Mortgage Technology, provides automated regulatory compliance checks integrated directly into the Encompass loan origination workflow. The service audits loan files against federal, state, and local regulations including TRID, HMDA, RESPA, and fair lending rules. It identifies compliance issues before closing, reducing risk and costly post-closing remediation for lenders.
What's Great
- ✓Seamlessly integrated into the Encompass LOS workflow for real-time compliance checks
- ✓Audits loan files against federal, state, and local regulations automatically
- ✓Identifies compliance issues before closing to prevent costly post-closing remediation
- ✓Covers TRID, HMDA, RESPA, and fair lending rules in a single service
Watch Out For
- !Only available to Encompass users, excluding lenders on other LOS platforms
- !Additional subscription cost on top of existing Encompass licensing fees
- !Rule update lag can occur when new regulations take effect
- !Limited standalone value as it requires the full Encompass ecosystem
Common Use Cases
Encompass lender adding automated pre-closing compliance audits to reduce risk
Compliance team needing real-time HMDA data validation during loan processing
Quality control department running automated fair lending checks across the pipeline
Pricing Model
Paid
Paid subscription required. Check the website for current pricing and free trials.
Category
Compliance & Audit
Tools that automate regulatory checks, disclosure tracking, and audit readiness for mortgage lenders.
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