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First Tech Federal Credit Union has chosen ICE Mortgage Technology’s EPPS to improve automation, compliance, and scalability to meet the demands of over 720,000 members.
KEY TAKEAWAYS
- ICE Mortgage technology’s EPPS allows users to accurately select and price eligible loan products.
- Users can also monitor for loan changes, and ensure reliable data exchange throughout the life-cycle of the loan.
- The value of a decreased risk of integration data issues allows for customizable configurations.
ICE Mortgage Technology announced that First Tech Federal Credit Union has chosen ICE Mortgage Technology’s Encompass Product and Pricing Service (EPPS) to improve automation, compliance, and scalability to meet the demands of over 720,000 members.
ICE Mortgage technology’s EPPS allows users to accurately select and price eligible loan products, monitor for loan changes, and ensure reliable data exchange throughout the life-cycle of the loan. This all helps to decrease risk during the lending process.
EPPS is a robust product already being integrated into Encompass. The value of a decreased risk of integration data issues allows for customizable configurations managed by the First Tech Encompass Admin Team. First Tech also selected ICE Mortgage Technology EPPS because it fully supports home equity line of credit (HELOC) products.
“Relentless operational efficiency is the vision for First Tech’s Residential Mortgage Lending Division,” said Bruce Dickinson, senior vice president of residential mortgage lending of First Tech Federal Credit Union. “The market and our membership will continue to demand an elegant front-end vehicle to apply for a mortgage, achieve transparency and accuracy in the process, and finalize real estate transactions faster. The Encompass Product and Pricing Service helps First Tech Federal Credit Union to be better positioned for those challenges and demands for future success.”
For more information regarding the Encompass Product and Pricing Service, visit www.icemortgagetechnology.com/epps.
