Automating Mortgage Pricing with ICE PPE
ICE PPE (Product and Pricing Engine) is a powerful tool integrated into the Encompass® mortgage software solution. By automating pricing, locks, and compliance, ICE PPE enables lenders to experience growth, speed, and profitability all in one place. This advanced pricing engine allows lenders to obtain rates quickly, check eligibility, maintain accurate data, and easily adapt to changes impacting mortgage loan scenarios.
Benefits of Using a Mortgage Pricing Engine
One of the significant advantages of ICE PPE is its ability to leverage automation for trustworthy pricing. With seamless integration into Encompass®, ICE PPE automates the loan program search, pricing calculations, eligibility options, and various loan scenarios. This automation empowers lenders to efficiently search across numerous programs, provide instant rate quotes to borrowers, and submit lock requests, ultimately streamlining workflows, minimizing errors, and boosting profitability.
Elevating the Loan Origination Process
By automating eligibility assessment, ICE PPE assists lenders in finding the best program by sorting through criteria like target price, rate, or investor details. Moreover, automatic best execution pricing and incorporation of mortgage rates into rate calculations streamline the process while ensuring accuracy. Lenders can receive instant alerts when targets are met, manage investor guidelines effortlessly, and successfully navigate the loan origination journey in a digital mortgage workflow.
Why Choose ICE PPE?
ICE PPE stands out in today’s market due to its focus on driving new efficiencies, growing revenue, and ensuring profitability. By eliminating manual processes, automating pricing scenarios, and providing quick turnarounds, ICE PPE helps lenders excel. With ICE PPE, lenders can tap into market trends with tailored pricing workflows and centralized product and pricing management, all within a single platform.
Extending Encompass Workflow with ICE PPE
ICE PPE is an invaluable addition for Encompass users, offering exclusive features such as access to thousands of programs, automation efficiencies, customization options, industry compliance adherence, and a proven track record of competitive pricing and tangible ROI. By integrating ICE PPE with Encompass, lenders can modernize their workflow, enhance efficiency, and maximize profitability.