Today’s lenders must be as flexible, efficient and scalable as possible to respond to changing consumer preferences and rapidly changing market conditions.Include ICE Mortgage Technology is the industry’s most complete end-to-end solution, providing the flexibility and configurability needed to deliver the next-generation lending experience for every channel, all from a single system of record.
As the only digital lending platform that truly provides an integrated workflow for omnichannel lenders, Encompass helps clients generate more leads, close more loans and drive unparalleled ROI. By managing every loan in one place, including home equity, refinancing or new purchases, lenders are also able to make better decisions, reduce costs and quickly adapt to changing market trends.
Due to recent market changes, consumer demand for home equity loan products has increased. With Encompass, lenders can be confident that their LOS platform has the flexibility to support large-scale home equity loans. Customers can use a range of leading point-of-sale solutions to drive applications and retain and build referral business through seamless integration with sales and marketing solutions such as Velocify. Encompass also supports home equity loans by dynamically generating required disclosures and HMDA reports to become the most compliant LOS.
“We work with clients to understand their pain points and identify opportunities where we can minimize the complexity of their process. Encompass is designed to grow and adapt to their business, so their loan origination system is ready for any situation, said Stephanie Durflinger, Senior Vice President of Product Management.
Encompass is equipped with powerful technology to automate any task, process or service with just one click. By automating previously manual and time-consuming tasks, lenders and investors can acquire, originate, close and sell more loans in less time, while delivering a best-in-class borrower experience. Encompass also provides task-based workflows that enable operations managers to easily create, assign, manage and track all loan tasks in one unified interface.
With Encompass eClose, Encompass customers also benefit from a single closing process workflow. For legally signed full eClosing loans and everything in between, lenders can now have one partner, one workflow, one source, and one network.
Unlike other solutions, Encompass also gives mortgage lenders and investors access to the largest network of partners in the industry. ICE Mortgage Technology’s Marketplace includes thousands of leading mortgage companies, covering technology solution categories ranging from mortgage servicing and title to escrow, automated underwriting services, and more. With pre-built two-way API integrations, customers can leverage these trusted, proven solutions to enhance and digitize their lending workflows.
ICE has a long history as an industry leader, offering a wealth of experience, compliance expertise and data-driven insight unmatched by anyone else. Through best-in-class automation and data, Encompass is helping customers reduce costs, increase revenue and provide a better customer experience at every step of the loan lifecycle.
Stephanie Durflinger, Senior Vice President of Product Management
Stephanie Durflinger is Senior Vice President of Product Management for ICE Mortgage Technology’s full suite of digital mortgage solutions.