Plus Platform, a software provider offering real-time access to mortgage data and loan documents, announced their Encompass Investor Connect integration available through ICE Mortgage Technology, part of Intercontinental Exchange, Inc., a global provider of data, technology, and market infrastructure.
ICE Mortgage Technology's Encompass Platform provides one system of record that enables banks, credit unions, and mortgage lenders to originate and fund mortgages and improve compliance, loan quality, and efficiency. This new integration gives Encompass users the ability to gather all documents and standard data sets (MISMO 3.4/ULAD, ULDD, UCD) and deliver them from Encompass at origination to Plus's asset management platform. This will enable Encompass lenders to transfer loan data to the Plus Platform for immediate post-closing QC and QA reviews, as well as efficiently preparing the reviewed data to the next owner of the loan, ensuring no file or data degradation in the loan transfer process.
"Plus Platform is proud to deliver an automated experience to Encompass customers enabling them to centralize the movement of data and documents onto Plus's platform to assist with asset management. We're excited to work with ICE Mortgage Technology, given our mutual dedication to modernize the rails of the mortgage market and driving the future of the digital mortgage experience," said Buck Collins, CEO & co-founder of Plus Platform. "We look forward to bringing greater transparency and efficiencies to the market through our new integration and future collaboration."
Plus Platform is a software provider offering real-time access to mortgage data and loan documents, which are enhanced with additional borrower, home, and loan data. This allows for proactive loan review and reporting, and more robust asset management, with better communication between counterparties. The platform offers cost-effective, streamlined automation for several categories of market participants, including lenders, investors, and servicers.
