Skip to main content

LoanNex Integrates With ICE's Encompass TPO Connect

Navi Persaud
Nov 05, 2021

LoanNex, a provider of pricing and eligibility technology specializing in non-agency products, announced that its platform is now integrated with ICE Mortgage Technology's Encompass TPO Connect.

ICE's Encompass TPO Connect, is a web-based portal that gives lenders the ability to collaborate with their wholesale and correspondent channels to originate loans faster, stay compliant, and maximize the profitability of every loan, according to the company. Meanwhile, LoanNEX is currently available to more than 3,500 mortgage originators to process more than 10,000 loans per month through more than 30 investor partners.

LoanNEX combines pricing and eligibility technology with secondary marketing services to help streamline the discovery and decisioning process between borrowers, lenders, and investors. The company also screens more than 100 borrower attributes, providing third-party originators with access to many non-QM loan options not available with traditional product and pricing engines (PPEs).

“In today’s expanding market, it is critical for lenders to be able to price loans for any borrower,” said Eloise Schmitz, co-founder and CEO of LoanNEX. “Our partnership with ICE Mortgage Technology makes it easier for correspondent sellers and wholesale brokers to discover new loan options, price loans accurately, and collaborate directly with their partners to grow their business.”

Published
Nov 05, 2021
More from
Tech
Effective Technologies For 2023

Lenders will need tech that squeezes every ounce of efficiency.

Tech
Nov 21, 2022
FirstClose Names New Chief Financial Officer

Hiring of James Bolger further strengthens executive team.

Tech
Nov 15, 2022
Snapdocs eVault Helps PRMI Roll Out eNotes In 49 States

PRMI has seen a four-day reduction in dwell time for mortgages closed as eNotes, leading to a savings of more than $250 per loan.

Tech
Nov 14, 2022
FundMore, VeriFast Team To Expand Digital Verification

Announced a partnership that seeks to secure and verify digital mortgage transactions.

Tech
Nov 14, 2022
Cenlar FSB Appoints Its 1st VP Of Cybersecurity

Brian Browne brings 25 years of experience in information security.

Tech
Nov 09, 2022
Redfin Laying Off More than 800, Closing RedfinNow

CEO says iBuying business will lose up to $26 million this year.

Tech
Nov 09, 2022