Encompass by ICE Mortgage Technology delivers an all-in-one workflow for omnichannel lenders

By Housing News

It’s important for today’s lenders to be as agile, efficient and scalable as possible to adapt to consumer preferences and fast-changing market conditions. Encompass by ICE Mortgage Technology is the industry’s most complete end-to-end solution that provides the flexibility and configurability needed to deliver a next-generation lending experience for every channel, all from a single system of record.

As the only truly digital lending platform that delivers an all-in-one workflow for omnichannel lenders, Encompass provides the unified solutions lenders need to generate more leads, close more loans and drive unparalleled ROI. By managing every loan, including home equity, refinance and new purchase, in one place, lenders are able to make better decisions, keep costs down and quickly adapt to changing market trends.

As the market shifts and consumer buying habits change, there remains healthy demand for home equity lending products. With Encompass, lenders can feel confident in knowing their LOS platform has the flexibility to support home equity lending at scale. Customers can drive applications with an array of leading point-of-sales solutions, as well as retain and build referral business through seamless integrations with sales and marketing solutions, such as Velocify. Encompass also delivers on being the most compliant LOS providing required disclosures and HMDA reporting to support home equity lending.

“The Encompass platform provides lenders the best-of-breed solutions they need to win business, lower costs and close significantly more loans with less effort. With the power of automated workflows paired with the industry’s largest partner network, Encompass enables lenders to drive efficiencies and reach unparalelled ROI,” said Nancy Alley, VP, Product Strategy at ICE Mortgage Technology.

Encompass is ready-built with powerful technology to automate any task, process or service within a matter of clicks. By automating previously manual and time-consuming tasks, lenders and investors can acquire, originate, close and sell significantly more loans in less time, all while delivering a best-in-class borrower experience. Encompass also offers a task-based workflow that enables operations managers to easily create, assign, manage and track loan tasks all within their unified, single system of record.

With Encompass eClose, Encompass customers also benefit from having a single workflow for their closing process. For wet-signed loans, to a full eClosing, and everything in between,  lenders can have one partner, one workflow, one source and one network for it all.  

Unlike other solutions, Encompass also allows mortgage lenders and investors access to the largest network of partners in the industry. The Marketplace by ICE Mortgage Technology includes thousands of leading mortgage companies that span the full gamut of technology solution categories, from mortgage servicing and title, to escrow, automated underwriting services, and many more. Through pre-built, bi-directional API integrations, customers can utilize these trusted, proven solutions to enhance and digitize their lending workflows.

With a long history as an industry leader, ICE provides a wealth of experience, compliance expertise and data-driven insights unmatched in the industry. Through best-of-breed automation and data, Encompass is helping customers reduce costs, increase revenue and deliver better customer experiences at every step of the loan lifecycle.

 

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