Tag Archives: ICE Mortgage Technology

Argyle debuts integration with Encompass Consumer Connect, upgrades existing integration with Encompass from ICE Mortgage Technology

Integrations work together to pre-populate the URLA while reducing lender costs, accelerating closings and removing borrower friction

NEW YORK CITY, N.Y., May 13, 2025 (SEND2PRESS NEWSWIRE) — Argyle, a service provider automating income and employment verifications for some of the largest lenders in the United States, today announced the debut of its integration with Encompass® Consumer Connect™, a digital mortgage point-of-sale solution from ICE Mortgage Technology®, part of Intercontinental Exchange (NYSE: ICE). In addition, Argyle announced the release of significant upgrades to its existing integration with ICE Mortgage Technology’s flagship Encompass® loan origination system. Both integrations are built on the Encompass Partner Connect™ platform, ICE’s latest API framework for third-party mortgage technology service connections.

Image caption: Argyle debuts integration with Encompass Consumer Connect.

NEW: Consumer Connect POS integration

With Consumer Connect, borrowers can complete mortgage applications on any device, accelerating the loan verification and approval process with an engaging and simple digital mortgage experience. By enabling lenders to embed award-winning verification of income and employment (VOIE) in the application when borrowers are most engaged, Argyle’s Consumer Connect integration streamlines the loan process from the very start. Key benefits include:

Higher borrower conversion and faster processing times
Embedding verification helps remove obstacles for lenders and borrowers, leading to higher application completion rates. By capturing income and employment data earlier in the loan process, lenders reduce bottlenecks that typically delay approvals, increasing the likelihood of moving the loan into processing.
Interoperability with Encompass LOS
Borrower income and employment data collected by Argyle in Consumer Connect automatically transfers to Encompass. This enables the origination team to access and refresh additional paystubs, W-2s and 1099s directly in Encompass whenever needed—thus streamlining the loan process from application submitted to funding.
Faster, More Accurate AUS Submission
In addition to W-2s, pay stubs and VOIE reports, Argyle’s raw income data elements automatically populate in the Uniform Residential Loan Application (URLA) to accelerate GSE rep and warrant (R&W) determination.

IMPROVED: Encompass LOS Integration
In addition to the new Consumer Connect integration, Argyle has rolled out major enhancements to its Encompass integration, including:

Streamlined order flow
A redesigned, single-page experience that clearly outlines the status of borrower accounts. Easily order, track and reverify—all from one convenient view.
Transparent order tracking for reports
Argyle clearly outlines the status of your verification requests, ensuring you have the necessary data to move the loan forward.
Simplified, automated re-verifications
If the verification is outside of your closing window, Argyle will issue a status update with instructions for re-engaging the borrower and will automatically generate and send the closing verification of employment (VOE) to the Encompass eFolder.
Better support for loan teams
Improved email notifications make it easier for team members assigned to the loan file to follow along the status of a verification.

“Embedding Argyle into Consumer Connect and enhancing our Encompass integration brings a new level of automation and borrower ease to customers of ICE Mortgage Technology,” said John Hardesty, Vice President of Mortgage at Argyle. “By placing verification at the start of the borrower journey and optimizing workflows throughout the loan process, lenders can improve efficiency, reduce processing times and deliver a better experience for both borrowers and origination teams.”

For more information, visit Argyle on the ICE Marketplace.

Encompass Partner Connect enables the integration of key third-party products and services with ICE mortgage technology solutions. ICE does not own, control, nor endorse any specific industry participant or the product/service provided. Loan originators and servicers are responsible for vetting, selecting, and contracting with the providers of their choosing.

About Argyle:

Founded in 2018, Argyle is the leading provider of real-time income and employment verifications. As an authorized report supplier for Fannie Mae’s Desktop Underwriter^® validation service and an approved service provider supporting Freddie Mac’s Loan Product Advisor^® asset and income modeler (AIM), Argyle empowers mortgage lenders to auto-retrieve paystubs and W-2s, understand consumers’ ability to pay and improve loan quality—all with 80% lower verification costs. Argyle’s commitment to innovation is backed by investors including Bain Capital Ventures, SignalFire, Checkr and Rockefeller Asset Management.

For more information on Argyle’s industry-leading platform, please visit https://argyle.com/.

To stay up to date on all Argyle news, sign up for our newsletter here: https://argyle.com/blog/.

Tags: @withArgyle @ICEMortgageTech #mortgage #lending #fintech

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NEWS SOURCE: Argyle

This press release was issued on behalf of the news source (Argyle), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/argyle-debuts-integration-with-encompass-consumer-connect-upgrades-existing-integration-with-encompass-from-ice-mortgage-technology/

Floify’s Maggie Zielinski Swanson named to HousingWire’s 2025 Rising Stars list

HousingWire's Rising Stars award recognizes emerging industry leaders who have demonstrated rapid career growth and an ability to lead - all before the age of 40

BOULDER, Colo., April 1, 2025 (SEND2PRESS NEWSWIRE) — Floify, the mortgage industry’s leading point-of-sale (POS) solution, today announced that Enterprise Account Executive/Sales Engineer Maggie Zielinski Swanson has been named to HousingWire’s prestigious Rising Stars list for 2025.

Image caption: 2025 HousingWire Rising Star Maggie Swanson.

HousingWire’s Rising Stars award is given to individuals under 40 years of age who demonstrate impressive professional momentum and are building reputations for driving growth and change in the real estate, mortgage and housing-related industries. Swanson has been selected in the Mortgage category.

Swanson, 29, joined Floify in 2021 as a skilled sales professional and has quickly become an indispensable force in the company’s collaborative culture and growth. As the company’s first enterprise sales executive, she quickly mastered the complex needs of credit unions, IMBs and banks, and was instrumental in the launch of Floify Lender Edition.

A gifted self-starter, the first-generation American has charted her own course, listening to lenders to understand what keeps them up at night and identifying how to position Floify’s features in ways that address their cost and process challenges. Her ability to earn the business of large enterprise accounts, lead sales training and represent Floify at major events has strengthened the company’s reputation and market presence. Over the past year, her efforts have put Floify in a stronger competitive position, closing major accounts while receiving praise from customers and the Floify team.

“Maggie is always looking to learn, and she has been undeterred by the complexity and scale of mortgage technology and mortgage lending ecosystems,” said Sofia Rossato, Floify’s president and general manager and 2024 HousingWire Women of Influence winner. “Maggie’s persistence, coupled with her joyous and approachable demeanor, have helped our clients achieve positive business outcomes, and we are so pleased to see her efforts recognized by HousingWire.”

For a complete list of HousingWire 2025 Rising Star winners, please visit the HousingWire website.

About Floify

Floify is a digital mortgage automation solution that streamlines the loan process by providing a secure application, communication, and document portal between lenders, borrowers, referral partners, and other mortgage stakeholders. Loan originators use the platform to create product-specific applications (no coding required!), collect and verify borrower documentation, track loan progress, communicate with borrowers and real estate agents, and close loans faster. The company is based in Boulder, Colorado and is a subsidiary of Porch Group, Inc. (“Porch Group”) (NASDAQ: PRCH). For more information, visit the company’s website at https://floify.com/ or on social media at Facebook, LinkedIn, or Twitter / X.

Forward-Looking Statements

Certain statements in this release may be considered “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Although the Company believes that its plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, the Company cannot assure you that it will achieve or realize these plans, intentions, or expectations. Forward-looking statements are inherently subject to risks, uncertainties, assumptions, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Generally, statements that are not historical facts, including statements concerning the Company’s possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by, or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates,” “intends,” or similar expressions.

These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Porch and its management at the time they are made, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) expansion plans and opportunities, and managing growth, to build a consumer brand; (2) the incidence, frequency, and severity of weather events, extensive wildfires, and other catastrophes; (3) economic conditions, especially those affecting the housing, insurance, and financial markets; (4) expectations regarding revenue, cost of revenue, operating expenses, and the ability to achieve and maintain future profitability; (5) existing and developing federal and state laws and regulations, including with respect to insurance, warranty, privacy, information security, data protection and taxation, and management’s interpretation of and compliance with such laws and regulations; (6) the Company’s reinsurance program, which includes the use of a captive reinsurer, the success of which is dependent on a number of factors outside management’s control, along with reliance on reinsurance to protect us against loss; (7) uncertainties related to regulatory approval of insurance rates, policy forms, insurance products, license applications, acquisitions of businesses or strategic initiatives, including the reciprocal restructuring, and other matters within the purview of insurance regulators; (8) reliance on strategic, proprietary relationships to provide the Company with access to personal data and product information, and the ability to use such data and information to increase transaction volume and attract and retain customers; (9) the ability to develop new, or enhance existing, products, services, and features and bring them to market in a timely manner; (10) changes in capital requirements, and the ability to access capital when needed to provide statutory surplus; (11) the increased costs and initiatives required to address new legal and regulatory requirements arising from developments related to cybersecurity, privacy, and data governance and the increased costs and initiatives to protect against data breaches, cyber-attacks, virus or malware attacks, or other infiltrations or incidents affecting system integrity, availability and performance; (12) retaining and attracting skilled and experienced employees; (13) costs related to being a public company; and (14) other risks and uncertainties discussed in Part I, Item 1A, “Risk Factors,” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, and in Part II, Item 1A, “Risk Factors,” in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, as well as those discussed in subsequent reports filed with the Securities and Exchange Commission (“SEC”), all of which are available on the SEC’s website at www.sec.gov.

Nothing in this release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date of this release. Unless specifically indicated otherwise, the forward-looking statements in this release do not reflect the potential impact of any divestitures, mergers, acquisitions, or other business combinations that have not been completed as of the date of this release. Porch does not undertake any duty to update these forward-looking statements, whether as a result of changed circumstances, new information, future events or otherwise, except as may be required by law.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges – including the New York Stock Exchange – and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines and automates industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 – Statements in this press release regarding ICE’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2023, as filed with the SEC on February 8, 2024.

X/Twitter: @Floify @ICEMortgageTech #mortgage #fintech #housingfinance

NEWS SOURCE: Floify

This press release was issued on behalf of the news source (Floify), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/floifys-maggie-zielinski-swanson-named-to-housingwires-2025-rising-stars-list/

Cloudvirga completes enhanced integration with ICE Mortgage Technology

Horizon API integration will accelerate future development and enhance performance, security

IRVINE, Calif., March 4, 2025 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage point-of-sale platforms, today announced Cloudvirga’s Horizon Retail POS integration using Encompass Partner Connect, the latest API framework for mortgage technology from Intercontinental Exchange (ICE). This modern framework enables industry participants to integrate to ICE solutions and provide their services to loan originators and servicers through secure API-enabled technology. Available via the Marketplace in the ICE digital lending platform, Cloudvirga’s integration will enhance the way loans created within Cloudvirga’s Horizon Retail POS can be exported to lenders using the Encompass® platform.

Image caption: Cloudvirga.

By leveraging the modernized Encompass API platform, Cloudvirga is delivering improvements in three key areas:

Performance: The enhanced integration introduces an exponential leap in processing speed, enabling lenders to manage loans with unprecedented efficiency.
Security: Built with best-in-class security practices, the integration ensures robust protection of sensitive loan data, addressing the evolving demands of cybersecurity.
Maintainability: The API-first approach streamlines the development of new features and accelerates the resolution of potential issues, future-proofing the integration for years to come.

“We’re thrilled to be able to offer this enhanced integration by leveraging the latest API framework because this technology raises the bar for seamless, secure and high-performing POS-to-LOS integrations,” said Maria Moskver, CEO of Cloudvirga. “This migration underscores our commitment to delivering cutting-edge technology solutions that empower lenders to close loans faster, more securely and with greater confidence.”

The move to API-enabled technology represents an important milestone in Cloudvirga’s mission to simplify and modernize the mortgage process for lenders and borrowers. This achievement reinforces Cloudvirga’s status as an innovation leader, providing mortgage professionals with tools to thrive in an increasingly digital industry. With the latest API framework, Cloudvirga can more deeply integrate with additional Encompass functionality to provide an even more seamless experience.

For more information visit Cloudvirga on the ICE Marketplace.

Encompass Partner Connect enables the integration of key third-party products and services with ICE Mortgage Technology solutions. ICE does not own, control, nor endorse any specific industry participant or the product/service provided. Loan originators and servicers are responsible for vetting, selecting, and contracting with the providers of their choosing.

‍About Cloudvirga

Cloudvirga is a leading provider of digital mortgage point-of-sale platforms, designed from the perspective of increasing consumer engagement. With a focus on streamlining the loan origination process, Cloudvirga solutions enhance efficiency and accuracy in the mortgage industry. The company’s commitment to continuous improvement and innovation has positioned it as a trusted partner for mortgage lenders and brokers across the nation. Cloudvirga is a subsidiary of Stewart Information Services Corporation (NYSE: STC), a customer-focused, global title insurance and real estate services company. For more information, visit https://www.cloudvirga.com/.

Tags: @Cloudvirga @ICEMortgageTech #mortgage

NEWS SOURCE: Cloudvirga Inc.

This press release was issued on behalf of the news source (Cloudvirga Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/cloudvirga-completes-enhanced-integration-with-ice-mortgage-technology/

Down Payment Resource receives ICE Mortgage Technology’s 2025 Innovation Award for Technology Partner of the Year

The recognition highlights DPR's integration with Encompass, which helps lenders connect homebuyers with homebuyer assistance programs

ATLANTA, Ga., Feb. 27, 2025 (SEND2PRESS NEWSWIRE) — Down Payment Resource (DPR), the housing industry’s leading technology for connecting homebuyers with homebuyer assistance programs, today announced that it has been named the 2025 ICE Innovation Technology Partner of the Year by Intercontinental Exchange, Inc. (ICE), a leading global provider of data, technology and market infrastructure.

Image caption: Down Payment Resource.

The ICE Innovation Awards recognize industry leaders pushing the envelope by creating extraordinary solutions for housing professionals in partnership with ICE Mortgage Technology.

DPR’s integration with Encompass® by ICE Mortgage Technology debuted during ICE Experience 2024. Available on the Encompass Partner Connect (EPC) platform via APIs, the integration makes it easier for lenders to support homebuyers with the nation’s 2,400-plus down payment assistance (DPA) programs. Using DPA can lower the borrower’s loan-to-value (LTV) ratio by an average of 6%, helping more low-to-moderate income (LMI) borrowers qualify for a mortgage.

DPR’s integration with Encompass embeds operational support for DPA programs directly into core loan production systems, arming lending staff with the information they need to confidently offer and manufacture these programs. Based on declarations and loan application data, borrowers are automatically matched with eligible company-approved DPA programs. LOs are presented with program information, such as benefit amounts and eligibility requirements, so they can advise borrowers on their DPA options and guide them through program-specific processes. Also, program selections are automatically communicated downstream to underwriters by translating program requirements into importable loan conditions, making them easier to manage.

“We are extremely pleased ICE has shined such a bright light on this integration, which addresses a long-standing gap in making DPA program information accessible within the LOS so loan officers can help more borrowers take advantage of DPA opportunities,” said DPR Founder and CEO Rob Chrane. “As the only partner in the network providing this critical service, DPR is playing a critical role in helping lenders make homeownership more accessible for first-time and LMI buyers.”

About Down Payment Resource:

Down Payment Resource (DPR) is the housing industry authority on homebuyer assistance program data and solutions. With a database that tracks more than 2,400 programs and toolsets for mortgage lenders, multiple listing services (MLSs) and API users, DPR helps housing professionals connect homebuyers with the assistance they need. DPR frequently lends its expertise to nonprofits, housing finance agencies, policymakers, government-sponsored enterprises and trade organizations seeking to improve housing affordability. Its technology is used by seven of the top 25 mortgage lenders, the three largest real estate listing websites and 600,000 real estate agents. For more information, visit https://downpaymentresource.com/.

X: @DwnPmtResource #downpaymentassistance #homeownership #housingaffordability @icemortgagetech #X25

NEWS SOURCE: Down Payment Resource

This press release was issued on behalf of the news source (Down Payment Resource), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/down-payment-resource-receives-ice-mortgage-technologys-2025-innovation-award-for-technology-partner-of-the-year/

Down Payment Resource integration with ICE Mortgage Technology embeds down payment assistance program support into core mortgage origination software

ATLANTA, Ga. /ScoopCloud/ -- Down Payment Resource (DPR), the housing industry's leading technology for connecting homebuyers with homebuyer assistance programs, today announced a new integration using the latest API framework from Intercontinental Exchange (ICE) for mortgage technology. Available via the Encompass Partner Connect™ API Platform, the integration makes it easier for lenders to support homebuyers with the nation's 2,300-plus down payment assistance (DPA) programs.

DPR's integration with Encompass embeds support for DPA programs directly into core loan production systems, arming lending staff with the information they need to confidently deliver DPA. Borrowers are automatically matched with eligible company approved DPA programs based on declarations and loan application data. LOs are presented with program information, such as benefit amounts and eligibility requirements, so they can advise borrowers on their DPA options and guide them through program-specific processes. DPA program selection is automatically communicated downstream to underwriters by translating program requirements into importable loan conditions, making them easier to manage.

Using DPA can lower the loan amount for a more favorable debt-to-income ratio or provide cash to meet the necessary cash-to-close, helping more low-to-moderate income (LMI) borrowers qualify for a mortgage. A study conducted by Down Payment Resource and the Urban Institute that examined the impact DPA could have had on buyers in the top 10 United States metropolitan statistical areas found that almost half (43.6%) of originated purchase mortgages were eligible for DPA. As far as loan types, 79.8% of FHA loans and 81.9% of USDA loans could have been eligible for DPA.

Moreover, the study found that DPA could have potentially salvaged 30.7% of denied applicants - a gap that affects a significant portion of LMI and minority applicants. Increasing pull-through not only benefits homebuyers, it also offers lenders a much-needed opportunity to grow loan volume in a tight market.

"DPA programs are crucial for promoting homeownership accessibility, particularly for first-time homebuyers, LMI homebuyers and homebuyers of color. Unfortunately, most loan officers don't pursue DPA on behalf of their clients because they don't know about existing programs or are hesitant to try something unfamiliar," said Rob Chrane, founder and CEO of Down Payment Resource. "Embedding Down Payment Resource's lender solutions in Encompass helps LOs overcome those apprehensions. Folding DPA functionality in the core origination gives LOs confidence that they can effectively originate DPA and make borrowers happy. We're giving lending staff everything they need to know the moment a loan needs to be created."

DPR maintains a comprehensive, up-to-date database of every DPA program in the nation. According to DPR's Q1 2024 HPI report, there are 2,373 homebuyer assistance programs available nationwide. All 3,143 U.S. counties have at least one DPA program, more than 2,000 counties have 10 or more programs, and the average DPA benefit is $17,000.

"We hope that by making mortgage staff 'instant experts' on DPA, more homebuyers can benefit from DPA," concluded Chrane.

For more information, visit the Down Payment Resource profile on the Marketplace™ by ICE Mortgage Technology® - https://marketplace.icemortgagetechnology.com/s/marketplaceprofileversion/aDe6g000000LQUfCAO/1566

Encompass Partner Connect enables the integration of key third-party products and services with ICE mortgage technology solutions. ICE does not own, control, nor endorse any specific industry participant or the product/service provided. Loan originators and servicers are responsible for vetting, selecting, and contracting with the providers of their choosing.

About Down Payment Resource:

Down Payment Resource (DPR) is the housing industry authority on homebuyer assistance program data and solutions. With a database that tracks more than 2,200 programs and toolsets for mortgage lenders, multiple listing services and API users, DPR helps housing professionals connect homebuyers with the assistance they need. DPR frequently lends its expertise to nonprofits, housing finance agencies, policymakers, government-sponsored enterprises and trade organizations seeking to improve housing affordability. Its technology is used by five of the top 10 retail mortgage lenders, three of the four largest real estate listing websites and 600,000 real estate agents.

For more information, visit https://downpaymentresource.com/.

Twitter: @DwnPmtResource #downpaymentassistance @ICEMortgageTech

Down Payment Resource (DPR), the housing industry's leading technology for connecting homebuyers with homebuyer assistance programs, today announced a new integration using the latest API framework from Intercontinental Exchange (ICE) for mortgage technology. Available via the Encompass Partner Connect™ API Platform, the integration makes it easier for lenders to support homebuyers with the nation's 2,300-plus down payment assistance (DPA) programs.

Related link: https://www.downpaymentresource.com/

LenderLogix integrates LiteSpeed mortgage point of sale system with Encompass by ICE Mortgage Technology

BUFFALO, N.Y. /ScoopCloud/ -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, today announced the completion of the integration between LiteSpeed, a streamlined point-of-sale (POS) system designed for mortgage lenders and Encompass® by ICE Mortgage Technology, part of ICE (NYSE: ICE) and a global data, technology and market infrastructure company that designs, builds and operates digital networks to connect people to opportunity. Through the integration, leads flow directly from LiteSpeed to Encompass, providing loan officers with the combined power and accessibility of their web-based LOS while on the go.

"Though digital point-of-sale and origination technologies have become table stakes in today's mortgage market, LiteSpeed combined with Encompass and ICE's extensive suite of open APIs provides lenders a distinct competitive advantage," said Scott Falbo, Chief Technology Officer and Co-Founder at LenderLogix. "Through its powerful cloud-based ecosystem, Encompass works hand-in-hand with LiteSpeed, delivering easy access for loan officers to manage new and existing leads whether in the office or on the go. By leveraging the web-based workflow structure they're already familiar with, loan officers can quickly and efficiently deliver incredible experiences to their borrowers."

LiteSpeed was strategically and intentionally designed to provide borrowers with a simple yet powerful user experience. The white-labeled platform guides borrowers through singular, auto-advancing application questions using animated iconography and dynamic messaging. Once the application is complete, borrowers then receive confirmation emails with next steps, a secure document upload link and more from their selected loan originator.

Encompass provides loan officers with the ability to access their web-based LOS from anywhere, enabling them to maximize productivity across their entire workflow. This integration between LiteSpeed and Encompass leverages the latest Encompass Developer Connect API(TM) Platform, ensuring a seamless flow of data, while also delivering a frictionless and highly automated process for borrowers.

"With thousands of lenders adopting the Encompass loan origination platform, LenderLogix has invested extensively in its integrations with the Encompass solution suite," said Patrick O'Brien, CEO and Co-Founder of LenderLogix. "By combining LiteSpeed's easy to use digital point-of-sale technology with the pipeline and lead management tools within Encompass, this integration provides loan officers with even more functionality to serve their borrowers whenever and wherever they're needed."

About LenderLogix

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit https://www.lenderlogix.com/.

About ICE Mortgage Technology

ICE Mortgage Technology® is part of ICE (NYSE: ICE), a global data, technology and market infrastructure company that designs, builds and operates digital networks to connect people to opportunity. Backed by ICE's global resources, we offer a truly differentiated digital platform that provides straight-through processing for a more comprehensive end-to-end workflow than any other provider in the market. We reach almost every mortgage in the U.S. by combining the native automation of Encompass® with the e-collaboration and e-recording capabilities of Simplifile®, along with the national electronic registry for nearly 90% of the U.S. mortgage market in MERS®. Ultimately, our technology enables people across the industry to focus on personal connections when they need it most, and support borrowers for a better journey of homeownership. Visit icemortgagetechnology.com to learn more. ICE Mortgage Technology combines technology, data and expertise to help automate the mortgage process, from consumer engagement through loan registration, and every step and task in between. ICE Mortgage Technology is the leading cloud-based loan origination platform provider for the mortgage industry, with solutions that enable lenders to originate more loans, lower origination costs, and reduce the time to close, all while ensuring high levels of compliance, quality and efficiency.

Visit https://www.icemortgagetechnology.com/ or call (877) 355-4362 to learn more.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading "Key Information Documents (KIDS)."

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2022, as filed with the SEC on February 2, 2023.

RELATED LINKS:

https://www.icemortgagetechnology.com/products/encompass-for-loan-officers

LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, today announced the completion of the integration between LiteSpeed, a streamlined point-of-sale (POS) system designed for mortgage lenders and Encompass® by ICE Mortgage Technology, part of ICE (NYSE: ICE) and a global data, technology and market infrastructure company that designs, builds and operates digital networks to connect people to opportunity.

Related link: https://www.lenderlogix.com/

FormFree and Brimma Tech announce partnership to expedite matching of prospective homebuyers with best-fit loan products and lenders

RALEIGH, N.C. /ScoopCloud/ -- Mortgage software development and solutions firm Brimma Tech (Brimma) today announced a strategic collaboration with ability-to-pay fintech FormFree®. The integration of Brimma's AI-enabled chatbot service into FormFree's Passport® mobile app will make it possible for prospective homebuyers to find their ideal loan product from the convenience of their mobile device, without the need to first complete a detailed loan application.

Passport gives consumers one place to manage their complete Financial DNA® - including assets, employment, income, public records, credit score and rent payment history - and makes it easy to securely share this information with lenders when shopping for a mortgage loan or other financial service.

Founded in 2016, Brimma is a sanctioned Solution Provider Partner for ICE Mortgage Technology® that helps mortgage lenders optimize their investments in technology through bespoke business optimization solutions. Brimma's Vallia Chat bridges the gap between the information in a lender's loan origination system (LOS) and the people who need it by allowing loan officers and consumers to ask questions and get answers in plain English.

"We're thrilled to partner with Brimma Tech to enhance our Passport mobile app with conversational interactions that expedite the matching of prospective homebuyers with best-fit loan products and the lenders that provide them," said FormFree Founder and CEO Brent Chandler, who will join Brimma's advisory board as part of the deal. "Together, we can provide consumers and lenders with even more accurate and timely data to make informed lending decisions."

Said Brimma CEO Supree Periasamy, "We are excited to join forces with Brent and his team to combine FormFree's industry-leading ability-to-pay analytics with Vallia Chat's comprehensive understanding of loan underwriting guidelines and sophisticated parsing of borrower interactions. We also welcome Brent to our advisory board, where his experience will be invaluable as we continue to innovate and enhance our offerings in the financial technology space."

About Brimma Tech:

Brimma Tech is a software development company that specializes in building innovative software products, including enterprise software, web applications, and mobile apps. The company's global team of developers and engineers have expertise in a wide range of technologies, including artificial intelligence and machine learning. Brimma Tech works with clients across industries to leverage its broad solution catalog as well as to develop custom software solutions that meet their unique needs. Learn more: https://brimmatech.com/.

About FormFree®:

FormFree helps lenders understand credit risk like never before with its patented Passport® product, which opens doors to more inclusive credit decisioning by revealing each customer's true ability to pay (ATP®), and patent-pending Residual Knowledge Income Index™ (RIKI™), an innovative method for evaluating consumer creditworthiness based on residual income analysis. For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

Twitter: @FollowBrimma @RealFormFree

RELATED LINKS:

https://vallia.brimmatech.com/

https://www.formfree.com/passport/

Mortgage software development and solutions firm Brimma Tech (Brimma) today announced a strategic collaboration with ability-to-pay fintech FormFree®. The integration of Brimma's AI-enabled chatbot service into FormFree's Passport® mobile app will make it possible for prospective homebuyers to find their ideal loan product from the convenience of their mobile device, without the need to first complete a detailed loan application.

Related link: https://brimmatech.com/

FormFree integrates AccountChek 3n1 one-stop VOE/VOIE into Encompass®

ATHENS, Ga. /ScoopCloud/ -- FormFree® has partnered with ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure,  to make its AccountChek 3n1 asset, income and employment verification service available in Encompass®, the mortgage industry's leading cloud-based loan origination platform.

The seamless API integration allows lenders to order, manage and review verification of asset (VOA) and verification of income/employment (VOIE) reports with a single provider selection in Encompass. By consolidating VOA and VOIE orders through a single vendor, mortgage lenders improve efficiency in the loan origination process, reduce per-loan costs and streamline vendor due diligence.

FormFree's AccountChek 3n1 securely delivers direct-source VOA and VOI/E data in less than a minute, significantly shortening loan application timelines and collecting critical underwriting documents earlier in the application process.

VOA (Asset Report)

For over 10 years, FormFree VOA has helped borrowers skip the paper chase when qualifying for a loan. Borrowers send their direct-source financial data straight to lenders in an underwriting-friendly format that reduces delays, manual errors and fraud risk. Real-time insight into borrowers' assets, income and employment enables better credit decisioning.

Key features include:

* Average connection time of just 22 seconds

* Available with 30, 60, 90 and 180-day refresh periods

* Government-sponsored enterprise (GSE) rep and warrant relief eligible

VOIE (Income and Employment Report)

Several of today's popular VOI and VOE solutions have a success rate of less than 50%, requiring lenders to fall back on manual verification processes that are slow and result in a diminished borrower experience. FormFree's VOIE product covers 85% of all U.S. workers (over 100 million wage earners), saving lenders time and improving margins.

Key features include:

* Flat pricing significantly lower than market alternatives

* Up to 6 most recent pay stubs and 2 years of W-2s

* One free report refresh prior to close

"Now mortgage lenders can get all three core verifications - assets, income and employment - from one trusted partner within the familiar Encompass environment," said FormFree CEO Brent Chandler. "By combining VOA and VOIE, FormFree's AccountChek 3n1 eliminates the cost and headache of managing multiple vendors, helps loan teams work more efficiently and delivers a world-class borrower experience that expedites pre-approvals and increases loan pull-through."

About FormFree®

FormFree® is a market-leading fintech company whose revolutionary products AccountChek® and Passport® make for a more inclusive credit decisioning landscape by enabling lenders to understand people's true ability to pay (ATP®). To date, thousands of U.S. lenders and brokers have ordered millions of FormFree's patented verification reports representing trillions of dollars in loan verifications. FormFree delights borrowers and lenders with a paperless experience, dramatically reduces origination timelines and offers automated analysis and standardized delivery to lenders and investors using a secure ReIssueKey®. For more information, visit https://www.formfree.com/ or follow FormFree on LinkedIn.

ICE Mortgage Technology combines technology, data and expertise to automate the entire mortgage process from consumer engagement through loan registration and every step and task in between. ICE Mortgage Technology is the leading cloud-based loan origination platform provider for the mortgage industry with solutions that enable lenders to originate more loans, lower origination costs, and reduce the time to close, all while ensuring the highest levels of compliance, quality, and efficiency. Visit https://www.icemortgagetechnology.com/ or call (877) 355-4362 to learn more.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here: https://www.intercontinentalexchange.com/terms-of-use. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading "Key Information Documents (KIDS)."

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2020, as filed with the SEC on February 4, 2021.

Twitter: @RealFormFree @ICEMortgageTech #mortgageindustry #fintech #digitalmortgage

FormFree® has partnered with ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure,  to make its AccountChek 3n1 asset, income and employment verification service available in Encompass®, the mortgage industry's leading cloud-based loan origination platform.

Related link: https://www.formfree.com/

ICE Mortgage Technology Acquires eVault Technology from DocMagic for Encompass eClose

TORRANCE, Calif. /ScoopCloud/ -- ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it will deploy an eVault solution for secure storage of digital mortgages and notes, based upon technology acquired from DocMagic, Inc.

The eVault technology will be integrated into ICE's mortgage closing platform, Encompass eClose, a leading-edge solution that helps to transform the way loans are electronically closed in the United States. Encompass eClose enables lenders to electronically facilitate every aspect of the eClosing workflow, from ordering documents to delivering loans to investors - and all steps in between - without ever having to leave Encompass, the industry's most recognized loan origination system.

"By creating an end-to-end solution and further automating the mortgage closing process, we're helping the industry transition to paperless closings and enabling more efficient processes for our customers," said Joe Tyrrell, President, ICE Mortgage Technology. "We acquired technology from DocMagic, who has deep experience in the mortgage space, and when this technology is integrated with our other services, Encompass eClose will enable customers to eliminate time and cost in the closing process and create better experiences for borrowers."

"ICE Mortgage Technology and DocMagic have been helping lenders implement digital mortgage processes for years," said Dominic Iannitti, president and CEO of DocMagic. "The migration towards digital mortgages is progressing quickly, and we're happy to have provided ICE with capabilities to enable fully-paperless lending workflows along with better supply chain connectivity."

Both ICE and DocMagic are committed to delivering technology to increase eClosing adoption in the mortgage industry.

ICE Mortgage Technology combines technology, data and expertise to automate the entire mortgage process from consumer engagement through loan registration. Today, more than 3,000 mortgage lenders, 45,000 agents, as well as technology partners and mortgage investors can use the powerful capabilities of ICE Mortgage Technologies solutions to drive efficiencies and profitability for their businesses.

About Intercontinental Exchange:

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading "Key Information Documents (KIDS)."

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2020, as filed with the SEC on February 4, 2021.

About DocMagic:

DocMagic, Inc. is a leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, processes, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and data integrity to execute precision-based digital lending transactions. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com/.

© 2021 Ellie Mae, Inc., doing business as ICE Mortgage Technology. All rights reserved. Encompass(r) and the ICE Mortgage Technology logo are trademarks of the entities of ICE Mortgage Technology.

*LOGO link for media (DocMagic): https://www.Send2Press.com/300dpi/21-0611s2p-docmagic-logo-300dpi.jpg

ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it will deploy an eVault solution for secure storage of digital mortgages and notes, based upon technology acquired from DocMagic, Inc.

Related link: https://www.docmagic.com/