In as we speak’s chaotic market, mortgage corporations must streamline the mortgage course of to allow them to originate extra loans. Embody by ICE Mortgage Expertise gives a very differentiated digital platform that gives straight-through processing for a complete end-to-end workflow. From reducing prices to lowering time to shut, this mortgage origination software program allows lenders to make smarter enterprise choices.
Embody delivers all the things that mortgage corporations want to amass and shut extra loans, develop their enterprise at scale, streamline operations and stay totally compliant, multi function place. With modern and preconfigured task-based workflows, the omni-channel expertise permits for groups to stand up and operating with out having to custom-build an surroundings from the bottom up.
“Whereas Embody is taken into account the gold customary of the lending business, leveraging not simply knowledge and know-how, but in addition real-world business experience to supply tech that truly solves issues for lenders, we’re quickly evolving what a lending platform means,” stated Joe Tyrrell, President, ICE Mortgage Expertise. “As we glance to reveal extra APIs, present direct entry to the parts of the platform, and create a set of know-how and knowledge that lenders can leverage, we wish to allow any expertise they will envision.”
Embody maximizes operational efficiencies by way of automation throughout its customers’ complete enterprise, whereas additionally guaranteeing compliance with ever-changing rules. The platform additionally delivers actionable knowledge insights that assist lenders benchmark in opposition to their friends and make knowledgeable choices about the place to focus to optimize their ROI.
“Embody is the business’s main platform for lenders and traders, with the performance to assist each channel they use by way of a single system of document,” stated Stephanie Durflinger, Vice President, Product Administration. “As our prospects’ companies develop and extra channels are added, Embody continues to assist them by minimizing complexity, steps, programs, prices or headcount wants.”
Embody supplies a novel mixture of highly effective automation, ease of use and suppleness to assist mortgage corporations streamline their operations from end-to-end and take their enterprise to the following stage, with no need to go away the platform.
For instance, Embody eClose is main the business’s transition to paperless closings with a extra environment friendly course of that eliminates the ache and added price related to managing a number of distributors.
“We’ve additionally built-in an eVault resolution to supply prospects with safe storage of digital mortgages and notes,” stated Durflinger. “Moreover, Embody gives a completely web-based resolution for correspondent traders that allows them to digitize historically analog processes throughout the secondary market and purchase loans with much less work.”
By leveraging knowledge and automation, Embody helps customers scale back prices, improve income, and ship higher buyer experiences. By automating beforehand guide, time-consuming duties, customers may also drive efficiencies at each level within the mortgage lifecycle.
ICE Mortgage Expertise combines the native automation of Embody with the e-collaboration and eRecording capabilities of Simplifile, together with the nationwide digital registry for practically 90% of the U.S. mortgage market in MERS. Embody allows automation of guide, time-consuming duties to hurry up the mortgage course of and meet borrower’s calls for for pace and comfort, finally serving to to enhance the borrower expertise.
Joe Tyrrell, President of ICE Mortgage Expertise
Joe Tyrrell is head of ICE Mortgage Expertise, the main cloud-based mortgage origination platform supplier for the mortgage business and a part of Intercontinental Alternate, Inc. (NYSE: ICE), a number one international supplier of knowledge, know-how and market infrastructure.
Stephanie Durflinger, VP, Product Administration
Stephanie Durflinger is Vice President, Product Administration for subsequent technology options at ICE Mortgage Expertise.