mastering encompass

Hey everyone, it's Larry Bailey. This is for the Week of February 26, 2024, in Review:

The Fed’s favored inflation measure showed that annual inflation continues to progress lower, albeit slowly. And while the weather and mortgage rates impacted signed contracts for homes in January, key home price indexes revealed that 2023 was another strong year for appreciation. Here are the headlines:

• Fed’s Favored Inflation Measure in Line with Forecasts
• New Home Sales Jump in January
• Pending Home Sales Pull Back
• Home Values Continue to Move Higher
• Unemployment Claims Rise During Latest Week

00:00 Introduction
01:53 Feds Favorite Inflation Measure
07:12 Pending Home Sales
09:37 Home Values
12:01 Unemployment Claims

To subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2024 MBS Highway. All rights reserved.

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Today was a first. We had our live call from the halls of the Lenders One L1 Summit in Los Angeles, CA. We talked about current events and information learned at the Summit. We also talked about how paying for overlapping technology is not uncommon but should be most unwelcome. Find out what the economists had to say about rate cuts from the Fed and if you are truly ready for the Encompass®️ 24.1 update that is happening soon.

👉 Click here to watch the full replay: Mortgage.Community

❗ Join us each Tuesday at 4:00 PM ET to collaborate as a community

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Hey everyone, it's Larry Bailey. This is for the Week of February 19, 2024, in Review:

Closings on existing homes picked up last month, while recent commentary shows that Fed members remain cautious about cutting rates too soon. Read on for these stories and more:

• Existing Home Sales Rebound in January
• Fed in No Hurry to Cut Rates
• Tame Initial Jobless Claims During Key Data Week
• Recession Forecast Softened

To subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2024 MBS Highway. All rights reserved.

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

We all have pipeline views and dashboards in our Encompass® environment, but how are you leveraging and managing your Persona-based views versus Personal-based? Listen to the replay to discover insights and helpful suggestions that you can use in your Encompass® today. Find out how others are leveraging their single dashboard versus multiple pipeline views also.
⭐Want to be trained how to make the most out of your settings and the Best Practices of using Encompass? Join our Admins & Users Mastering Encompass® courses - affordably priced to train your entire company including all admins and users: https://mortgage.community/landing/plans/379743

❗ Join us each Tuesday at 4:00 PM ET to collaborate as a community

👉 Click here to watch the full replay: Mortgage.Community

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Check out how to avoid "Multiple Persona Syndrome" in your Encompass®. Also, find out how your Personas and Roles affect you so much. We also cover using the Settings Reports to uncover ways to consolidate your redundant Personas, which is another way for you to ensure your Business Rules and other settings behave as expected. Configuring your Role Access to Document rule along with managing your Protected Doc Access workflow are also covered in our meeting.

❗ Join us each Tuesday at 4:00 PM ET to collaborate as a community

👉 Click here to watch the full replay: Mortgage.Community

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Hey everyone, it's Larry Bailey. This is for the Week of February 12, 2024, in Review:

Wholesale and consumer inflation were both hotter than expected in January. There was also a pullback in new home construction, though home builders are feeling confident about the year ahead. Here are last week’s headlines:

• Consumer Inflation Above Forecasts
• Hot Wholesale Inflation a Surprise
• Home Builder Confidence at 6-Month High
• Home Construction Slowed in January
• Retail Sales Tumble to Start the Year
• Challenges Remain for Job Seekers

00:00 Introduction
02:18 Wholesale Inflation
05:53 Fed Funds Rate
08:16 Home Construction
10:08 Retail Sales
12:00 Subscribe

To subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2024 MBS Highway. All rights reserved. 

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Hey everyone, it's Larry Bailey. This is for the Week of February 5, 2024, in Review:

The latest appreciation and inventory data show why housing remains a great avenue for wealth creation. Read on for more details in these headlines:

• Home Prices Expected to “Extend to New Highs”
• The Real Story on Existing Home Inventory
• Is a Rise in Initial Unemployment Claims Ahead?

00:00 Introduction
02:21 Home Price Index
04:19 Existing Home Inventory
06:39 Unemployment Claims

To subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2024 MBS Highway. All rights reserved. 

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Today was all about Best Practices for your Milestones in your Encompass® platform. Watch the replay to find out if you are doing all of the recommended things or if you are missing out on what you should be doing. We all have Milestones in Encompass®, but there are ways to use them the best way possible for your workflow. Watch or listen to find out more.

Also, here's the link to the Admins & Users Mastering Encompass® plan as mentioned: https://mortgage.community/landing/plans/379743
And the link for the ICE Experience 2024 Wrap-Up Event: https://mortgage.community/spaces/12759209/about

❗ Make sure to come to all of our Tuesday events at 4:00 PM ET. Guaranteed to make you learn something new every time!

👉 Click here to watch the full replay: Mortgage.Community

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

DDM Rules were all the rage in today's call. So much AWESOME information shared together just the like community we are. Make sure to watch the replay and to get all of the great advice from others who have found DDM rules to be a terrific resource in the Encompass® platform.

❗ Make sure to come to all of our Tuesday events at 4:00 PM ET. Guaranteed to make you learn something new every time!

👉 Click here to watch the full replay: Mortgage.Community

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Hey everyone, it's Larry Bailey. This is for the Week of January 29, 2024, in Review:

The Fed held rates steady while there were mixed messages from the labor sector and home prices continued to hit new highs. Read on for these stories and more:

• Fed Funds Rate “Likely at Its Peak”
• Was January’s Jobs Report Really a Blockbuster?
• Slow Start for Private Sector Job Growth
• Surprising Uptick in December’s Job Openings
• Unemployment Claims Rise for Second Straight Week
• Home Prices Moving on Up

00:00 Introduction
01:53 Job Openings
03:57 Unemployment Claims
06:07 Home Prices
10:39 Family Hack

To subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2024 MBS Highway. All rights reserved. 

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

January is effectively done. If you have not taken the time to reflect on what you have done, refine your processes and technology, and refocus your efforts, you are not alone.

⭐Check out our episode where Larry Bailey talks you through each step. You will have a better 2024 as a result.

👉Join us each Tuesday at 4 PM ET for great conversations at Mortgage.Community

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Hey everyone, it's Larry Bailey. This is for the Week of January 22, 2024, in Review:

Inflation continues to move lower towards the Fed’s 2% target, while declining mortgage rates boosted signed contracts on new and existing homes in December. Here are the latest headlines:

• Key Inflation Measure Below 3%
• New Home Sales End 2023 on High Note
• Pending Home Sales Surged in December
• Fourth Quarter GDP Better Than Expected
• Jobless Claims Move Higher

00:00 Introduction
04:16 New Home Sales
07:44 Fourth Quarter GDP
10:28 Chocolate Mousse Recipe, Upcoming Economic Data

To subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2024 MBS Highway. All rights reserved. 

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Thanks to everyone who came to the live event today. We talked about the seemingly endless list of conferences to go to this year, which ones to go to, and then what to do in order to bring home value. Advocate for the things/ideas that you want brought to life. Form and pitch your idea. Here is the link to "Shape Up" by 37 Signals as mentioned in the event - https://basecamp.com/shapeup.

⭐Join the Mortgage Community to see a list of the events we spotted happening this year!

👉Join us each Tuesday at 4 PM ET for great conversations at Mortgage.Community

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Hey everyone, it's Larry Bailey. This is for the Week of January 15, 2024, in Review:

Home sales and construction slumped in December, but buyers and builders have reasons to be optimistic about the housing market this year. Find out why and more in these stories:

• December’s Existing Home Sales Likely a “Bottom”
• Home Builders Optimistic About 2024
• “Solid Showing” for Single-family Construction
• Holiday Shopping Season Stronger Than Expected
• Initial Jobless Claims Fall Below 200,000

00:00 Introduction
01:02 December's Existing Home Sales
02:22 Homebuilders Optimistic about 2024
06:01 Solid Showing for Single-Family Construction
08:05 Holiday Shopping Season Stronger than Expected
08:54 Initial Jobless Claims Fall Below 200,000
09:56 Family Hack of the Week
11:09 What to Look for This Week

To subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2024 MBS Highway. All rights reserved. 

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Get ready for an exciting episode where we delve into the groundbreaking E-Compensate solution by Awesome Technologies Inc. Join us as we take you through a live demonstration, showcasing how E-Compensate revolutionizes commission, bonus, and override management during every payroll cycle.

Discover how this versatile solution seamlessly integrates with multiple data sources and can be utilized by any LOS (Loan Origination System), making payroll hassles a thing of the past for your organization. Whether you're a small startup or a large corporation, E-Compensate is designed to fit your budget and scale with your needs.

Join us to review the live recorded demonstration, and feel free to ask any questions you may have. Stay ahead of the curve and unlock the potential of E-Compensate for your business. Don't miss it!

👉Click here to watch the full replay: Mortgage.Community

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Do you use tickets to track issues, or do you use more of a collaborative approach with your issues and projects. We reviewed the pros and cons for each methodology as a community. Many are using some kind of ticketing, along with something else, but everyone agrees there is always room for improvement. Listen in for clues for what you can do better.

❗Join us every Tuesday at 4:00 PM ET for great community conversations just like this one.
👉Click here to watch the full replay: Mortgage.Community

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Hey everyone, it's Larry Bailey. This is for the Week of January 8, 2024, in Review:

Inflation continues to make progress lower while home prices nationwide are on the rise. Here are last week’s headlines: 

• Annual “Core” Consumer Inflation Falls Below 4%
• Wholesale Inflation Lower Than Expected
• Home Prices Continue to Move Higher
• Holiday Season Impact on Jobless Claims

00:00 Introduction
01:47 Inflation Update
03:50 Wholesale Inflation
05:50 Home Prices
07:24 Jobless Claims
08:10 Granola Bar Recipe
09:19 Upcoming Housing Data

To subscribe to the MBS Highway, please go to www.MBShighway.com - © 2012-2024 MBS Highway. All rights reserved. 

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Hey gang, Larry Bailey here with some Encompass updates. In this video, I'll be discussing the recent update to the Encompass Compliance Service. I'll walk you through the changes, including the update to the applicability rules and the new feature in the GSE review. I'll also highlight some other important updates for specific states. Make sure to check out the release notes for more details. No action is required from you, but it's important to stay informed about these updates.

00:00 Introduction
00:38 Update to Applicability Rules
02:46 New Feature in GSE Review
04:36 Other Impacted Areas
05:57 New Jersey Update
08:09 Prepayment Penalty Threshold Updates
08:37 Change Log

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.

Hey gang, Larry Bailey here with another Encompass® walkthrough update. In this video, I'll be discussing the recent Encompass Dock Solution (EDS) release, specifically the transition from a 22.2 major release to a 23.3 critical patch. I'll also address an issue with the vesting screen in Encompass eClose and share important information about hybrid and full eClose. If you're not already using hybrid eClose, I highly recommend considering it for your workflow in 2024. Watch the video to learn more, and feel free to reach out to me at Larry@atihelps.com for further assistance.

00:00 Introduction
00:25 Encompass Dock Solution Release
00:55 Issue with Vesting Screen
01:18 Patching and Workflow Update
01:41 Importance of Hybrid eClose

Larry Bailey - Your Community Advocate

Contact me anytime at Larry@atihelps.com

© 2024 Mortgage Workflow Partners Inc. All Rights Reserved.