Property data
ICE Mortgage Technology
ICE Mortgage Technology supplies the systems and data that run US residential mortgage origination and servicing. Its customers are lenders, servicers, title agents, settlement providers, mortgage investors, real estate professionals, and MLSs, and its products follow a loan from consumer engagement through registration and into servicing.
Encompass is the origination system, with borrower and third-party originator points of sale, a product and pricing engine, fee and tax services, eClose, and investor and data connections. MSP is the servicing system, built around exception-based processing with customer service, loss mitigation, and business intelligence modules. Simplifile covers eRecording, eSigning, lender and settlement agent collaboration on documents, fees, and disclosures, and notary signing through The Closing Exchange.
On the data side the platform offers web access to property reports, automated valuations, and a property-record database covering residential and commercial property nationwide, plus document and data automation and analytics. An independent ROI study commissioned for Encompass reported an average $1,154 financial and operational impact per loan, 15.5% more closings without added staff, a 3.75-day cycle-time reduction, and 7.53x overall return. eRecording reaches counties covering more than 90% of the US population, and notary orders are usually confirmed in under 15 minutes.
Product names have changed repeatedly, with Data as a Service becoming ICE Origination Data, AIQ becoming ICE Data & Document Automation, and EPPS becoming ICE PPE, so check which current product a quote or integration actually refers to. No pricing is published, and the product site now sits at mortgagetech.ice.com.
Best for
Lenders, servicers, title and settlement firms, and investors that need an enterprise origination or servicing system, eRecording, or nationwide property records, rather than a single property owner looking for one-off data.
What they do
- Encompass loan origination system
- MSP mortgage servicing system
- Simplifile eRecording and eSigning
- Notary signing services via The Closing Exchange
- Property reports, AVMs, and property-record data
- ICE PPE product, pricing, and eligibility engine
- Fee and tax services for loan estimates and closing disclosures
- Flood determination reports
- Document and data automation
- Paragon Connect MLS platform
- Business intelligence and analytics
Details
| Attribute | Value |
|---|---|
| Ownership | Subsidiary |
| Offices | Pleasanton, CA, Atlanta, GA, Provo, UT, Omaha, NE, Pune, India |
What stands out
- An Encompass ROI study by MarketWise Advisors reported $1,154 of impact per loan and 15.5% more closings without added staff.
- The same study reported a 3.75-day cycle-time reduction and 7.53x overall return on investment.
- eRecording through Simplifile is available in counties covering over 90% of the US population.
- Notary orders through The Closing Exchange are usually confirmed in under 15 minutes.
- Backed by Intercontinental Exchange, which trades on the NYSE under ICE.