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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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ICE Mortgage Technology’s Encompass to offer investment advisory advice for clients

Housing Wire

ICE Mortgage Technology — part of Intercontinental Exchange (ICE) – will be offering lenders access to investment advisory advice in its Encompass loan origination system (LOS) through a partnership with Halcyon , a tech firm specializing in advanced data integration. “In

Clients 411
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Prioritizing client experience will be key for brokers in 2023

Housing Wire

In the past year alone, the product, pricing and technology offerings, exclusively for independent mortgage brokers, have been extremely competitive compared to what large banks and retail lenders can provide. Client experience should be your main priority. They are now seeing that they are the ones paying for those ads.

Clients 396
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Execs from Dark Matter Technologies focus on automation to increase Empower’s market share  

Housing Wire

Dark Matter Technologies , formerly Black Knight Origination Technologies, is gearing up to bring more lenders on to use its Empower loan origination system in 2024. Read on to learn more about how Dark Matter Technologies’ plans increase market share and utilize AI in its LOS.

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Rocket launches patented AI-driven tech platform

Housing Wire

It’s supported by Varun Krishna , a veteran in the financial technology world and former executive at Intuit and PayPal , who was appointed as the company’s new CEO in July 2023, replacing Bob Walters. The lender says the technology allows the company to close loans 2.5 times faster than the industry average. “By

Clients 433
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Cenlar FSB names Rene Gonzales as chief technology officer

Housing Wire

Cenlar FSB , the nation’s second-largest mortgage servicer and largest subservicer, has named Rene Gonzales as its new chief technology officer (CTO), according to an announcement on Tuesday. Cenlar FSB has already made a number of leadership changes in 2023.

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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’s appointment of Bowler as incoming president ICE Mortgage Technology comes at a crucial time for the company. ICE Mortgage Technology is also eyeing increased sales in its Encompass loan origination system in 2023.