ICE Encompass

Encompass by ICE Mortgage Technology is mortgage loan origination software that connects and accelerates every step of the lending process, sitting at the centre of a wider ecosystem of connected products rather than operating as a standalone system.

That ecosystem is what distinguishes Encompass from a conventional loan origination system, and it reflects how fragmented mortgage lending is. Consumer Connect handles the borrower-facing application, TPO Connect serves third-party originators, eClose covers electronic closing, ICE PPE is the product and pricing engine determining which loan products a borrower qualifies for and at what rate, Investor Connect handles delivery to the secondary market, and Data Connect and Business Intelligence cover reporting. A mortgage moves through all of those functions, and each hand-off between separate vendors is where data gets re-keyed and errors enter.

The product and pricing engine deserves particular note. Mortgage pricing changes intraday and varies by investor, loan characteristics and borrower profile, so quoting accurately is a data problem rather than a calculation, and a PPE integrated with the origination system removes the lag between quote and lock.

Additional integration comes through a Salesforce Connector, a home equity product, integrated data solutions and an ICE Marketplace of third-party services. A developer portal supports custom integration. Encompass is presented with proven return on investment, positioned around simplifying operations and saving time on every loan. Pricing is not published and is quoted on loan volume and the connected products licensed.