ICE Mortgage Technology announced that First Tech Federal Credit Union has selected ICE Mortgage Technology’s Product and Pricing Encompass Service (EPPS) to improve automation, compliance and scalability to meet demands from over 720 000 members.
The ICE Mortgage technology EPPS enables users to accurately select and price eligible loan products, monitor loan changes, and ensure reliable data exchange throughout the loan lifecycle. All of this helps to reduce risk during the loan process.
EPPS is a robust product already integrated into Encompass. The value of reduced risk of data integration issues enables customizable configurations managed by the administration team of First Tech Encompass. First Tech also selected ICE Mortgage Technology EPPS as it fully supports Home Equity Line of Credit (HELOC) products.
“Relentless operational efficiency is the vision of First Tech’s residential mortgages division,” said Bruce Dickinson, senior vice president of residential mortgages for the First Tech Federal Credit Union. “The market and our members will continue to demand a stylish front end vehicle to apply for a mortgage, achieve transparency and precision in the process, and complete real estate transactions faster. The Encompass Product and Pricing Service helps First Tech Federal Credit Union be better positioned to meet these challenges and meet the demands of future success.
For more information on the Encompass product and pricing service, visit www.icemortgagetechnology.com/epps.