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ICE Mortgage Technology is betting on increased sales for 2023

Housing Wire

Intercontinental Exchange (ICE) Mortgage Technology reported operating income of $57 million in 2022, down from last year’s $397 million — a reflection of the headwinds the mortgage industry is facing. More than 60% of the clients renewed their subscription at a higher rate than they did at the beginning of the quarter, Jackson explained.

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Tim Bowler named president of ICE Mortgage Technology

Housing Wire

Benchmark Administration (IBA) , will take on a new role as president of ICE Mortgage Technology starting on March 1. ICE acquired Ellie Mae in 2020 from Thomas Bravo for $11 billion. “In ICE’s appointment of Bowler as incoming president ICE Mortgage Technology comes at a crucial time for the company.

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Polly hires former ICE Mortgage Technology exec as CRO

Housing Wire

San Francisco-based fintech Polly has hired Parvesh Sahi, a former executive from ICE Mortgage Technology , as chief revenue officer to scale the business in a highly competitive mortgage environment. Ellie Mae was acquired by Intercontinental Exchange (ICE) in September 2020.

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RON transactions increase 547% in 2020

Housing Wire

Adoption of remote online notarization soared 547% in 2020, according to a new survey from the American Land Title Association of major vendors working in the RON space. Additionally, use of this technology is trending up significantly in Midwestern states. How to prevent wire fraud while increasing production.

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Prioritizing Your Clients

The Appraiser Coach

When the pandemic hit us full force in 2020, business skyrocketed. But how can you mitigate your workload without losing your good clients? But how can you mitigate your workload without losing your good clients? Take care of emails from good, loyal, easy-to-work-with clients (your “A” clients) first.

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Rocket Mortgage made $9.5B in profits in 2020

Housing Wire

billion in profits for 2020. “Rocket Companies’ record-breaking fourth quarter and full year 2020 results demonstrate the sheer power of the technology platform we have built and refined for more than two decades,” Jay Farner, Rocket Companies’ vice chairman and CEO, said in a statement on Thursday.

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AmeriHome puts emphasis on long-term client relationships and scalability

Housing Wire

As one of the largest correspondent investors in the country, AmeriHome is focused on being a consistent, reliable partner to its clients. In the COVID-19 era, that means AmeriHome has spent even more time listening to what clients need and adapting their products and services to help clients navigate constantly changing lending conditions.