Key facts
- Investor Connect enables direct exchange of loan data, conditions, and status between Encompass instances.
- The service requires no development work or added implementation cost.
- The goal is to achieve faster delivery, more complete files, fewer conditions, and quicker reviews and purchases.
ICE Mortgage Technology, a division of Intercontinental Exchange, Inc., has introduced Investor Connect, a new feature designed to enhance efficiency in the U.S. housing finance sector. The service facilitates the direct exchange of loan data, conditions, and status between instances of the Encompass loan origination system used by investors and sellers. This direct integration eliminates the need for custom development work or additional implementation costs, aiming to expedite the loan delivery process, improve file completeness, reduce the number of outstanding conditions, and accelerate reviews and purchases. Intercontinental Exchange, Inc. is a Fortune 500 company that provides financial technology and data services across major asset classes.