Business, Software

LenderLogix Announces POS Integration with Informative Research’s AccountChek to Enhance the Mortgage Borrower Experience

BUFFALO, N.Y. -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, announced the integration of AccountChek by Informative Research into its point-of-sale system LiteSpeed. This integration blends AccountChek's pioneering verification technology into LiteSpeed to seamlessly enhance the borrower experience and optimize the loan origination process to ensure a smooth experience for borrowers and users alike.

"Enhancing our clients' tech stacks with simple, digital-first tools is the foundation of our company's mission, and it's integrations like these that help us further that mission," said LenderLogix Co-Founder and CEO Patrick O'Brien. "By leveraging AccountChek's advanced verification capabilities, we can provide LOs with greater efficiency and accuracy, ensuring all parties experience the highest service standards."

AccountChek by Informative Research streamlines the lending process by providing advanced verification capabilities and seamless data integration for lenders and borrowers alike. With AccountChek's Verification of Assets (VOA), LenderLogix clients can expect enhanced efficiency and accuracy in the loan origination process, with VOA orders routed through the Encompass loan number and documents and data populating directly into the Encompass loan file. The VOA data will flow directly into the automated underwriting systems at the GSEs, allowing the lender seamless access to programs like Day 1 Certainty®, Asset and Income Modeler (AIM) and pre-close employment verifications.

"The integration of AccountChek into the LenderLogix LiteSpeed platform demonstrates our shared commitment to innovation and customer satisfaction while also enabling LenderLogix's clients to streamline the underwriting process by obtaining key verifications at the point of application," said Informative Research's Head of AccountChek Brian Francis. "We look forward to continuing our partnership to deliver impactful innovation to the mortgage lending community and help lenders advance their digital transformation efforts."

About Informative Research:

Informative Research, a Stewart company, is a leading technology platform that delivers data-driven solutions to the lending community. The solutions provider currently serves over 3,000 mortgage companies, banks, and lenders throughout the United States. The company is recognized for streamlining the loan process with its straightforward service model, progressive solutions, and cutting-edge technology. To learn more, visit https://www.informativeresearch.com/.

About LenderLogix:

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software and APIs to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit https://www.lenderlogix.com/.

RELATED LINKS:

https://www.informativeresearch.com/accountchek/

https://lenderlogix.com/litespeed-point-of-sale

Related link: https://www.lenderlogix.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Awards and Honors, Business

LenderLogix Celebrates its Third Appearance on HousingWire’s annual Tech100 List of Innovative Mortgage Technology Firms

BUFFALO, N.Y. -- LenderLogix, a leading provider of mortgage automation software and application programming interfaces (APIs), today announced it has been named to HousingWire magazine's annual Tech100 list. The Tech100 award seeks to highlight the most innovative technology companies across the housing sector.

LenderLogix was founded with the mission of delivering a meaningful and agile way for lenders to provide borrowers with a custom, digital-forward mortgage experience. This vision has resulted in the company's current suite of solutions, which have enabled hundreds of lending organizations to improve their borrower-facing digital footprint quickly and easily without squandering their bottom line.

"Lenders' need for agile technology is only growing. As the mortgage landscape shifts and consumer expectations grow, using outdated antique systems no longer meets borrower expectations, to put it simply," said LenderLogix founder and CEO Patrick O'Brien. "We're extremely proud of the better user experience we've brought for all parties through our product suite and thank HousingWire for recognizing our efforts."

LenderLogix offers a suite of tightly integrated white-labeled solutions for lenders of all sizes. Its product suite includes LiteSpeed, a white-labeled point of sale (POS) solution; QuickQual, which provides borrowers and real estate agents the ability to run payment and closing cost scenarios and generate/update pre-approval letters instantly; Fee Chaser, which sends the borrower a unique link to pay mortgage origination fees from any device seamlessly; and CRA Analytics' intuitive dashboards that enable lenders to track and measure their affordable lending and Community Reinvestment Act-related initiatives.

"One of the most exciting parts of my role at HousingWire is having a front row seat to witness stunning innovation in mortgage and real estate," said Clayton Collins, CEO of HW Media. "HousingWire is dedicated to serving housing professionals with the full picture, and the full picture isn't complete without deep and insightful coverage and resources to help mortgage and real estate professionals uncover the innovators and solutions that drive growth and efficiency in the housing sector."

To view the full list of HW Tech100 winners, visit: https://www.housingwire.com/articles/announcing-the-2024-tech100-mortgage-winners/

About LenderLogix:

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software and APIs to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit https://www.lenderlogix.com/.

About HousingWire:

HousingWire is an information services company that provides unique data and research, respected business journalism and must-attend events for housing leaders to use to advance their understanding and business outcomes. Our vision is a world in which housing leaders have a complete view of the housing market, and a broad community of peers with whom they can connect. We are committed to delivering the data, analytics, media, and events that advance this vision.

Because housing is too important for narrow perspectives and missed connections. Informed housing leaders are better housing leaders. A connected housing industry is a better housing industry. And the full picture always reveals new opportunities.

Explore more at www.housingwire.com.

Related link: https://www.lenderlogix.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Reports and Studies

LenderLogix Q4 2023 Homebuyer Intelligence Report Data Shows Steady Home Buying Activity

BUFFALO, N.Y. -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced the latest release of the Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home buying process based on data collected by the LenderLogix suite of tools. The latest report covers data collected during the pre-approval and borrower application process during the fourth quarter (Q4) of 2023.

Pre-Approvals

In Q4 2023, borrowers generated 35,008 pre-approval letters through LenderLogix's QuickQual pre-approval platform, a decrease of 23% from Q3. The average number of pre-approved borrowers per loan officer decreased by 15% from 24 in Q3 to 20.4 in Q4.

The average pre-approval letter loan amount in Q4 decreased slightly by less than 1%, to $294,229, compared to Q3's average loan amount of $295,312. The average sales price also stayed nearly the same, increasing less than 1% from $345,031 in Q3 to $345,351 in Q4. The average down payment size shows a slight uptick, moving from 14.5% in Q3 to 14.8% in Q4.

Conventional loans remained the most popular loan type for pre-approved borrowers, with its share remaining steady at 75%. FHA pre-approvals declined incrementally to 18.5% versus 19% in Q3, as did VA (4%) and USDA share (1%).

"Our Q4 findings remain steady in comparison to Q3. With the challenges homebuyers face remaining the same between the two quarters, it's no surprise," said LenderLogix Co-Founder and CEO Patrick O'Brien. "As we gear up for the spring market, it's crucial for lenders to remain vigilant in acquiring the tools and resources essential for enhancing affordability in home buying and guiding potential borrowers through the process.

Borrower Conversion

Of the borrowers using QuickQual in Q4 2023, the average number of days between pre-approval and loan submission decreased to 86.9 days, compared to 89.8 days in Q3. The most prolonged duration between pre-approval and application decreased significantly from 1,274 days in Q3 to 612 days in Q4. Despite this significant change, the conversion from borrowers using QuickQual to loan application increased slightly from 53% in Q3 to 55% in Q4. Within this subset, borrowers generated an average of 8.45 pre-approval letters before converting.

"With the change in interest rates over the last quarter of 2023, borrowers are stepping off the sidelines," O'Brien added. "Given the Federal Reserve's announcement of several interest rate cuts to come in 2024, we can expect this kind of borrower activity to continue to rise."

Data from the Homebuyer Intelligence Report is available to the industry free of charge. To learn more about LenderLogix, visit https://www.lenderlogix.com/

About LenderLogix

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit https://www.lenderlogix.com/.

Related link: https://www.lenderlogix.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Software

Legacy Mutual Selects LenderLogix’s QuickQual to Improve Transparency and Responsiveness During Mortgage Borrowers’ Home Search

BUFFALO, N.Y. -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, today announced that Legacy Mutual Mortgage has selected its pre-approval letter generation tool QuickQual to provide borrowers with a white-labeled, digitally-driven entry point into their homebuying experience.

"Our customer relationships go beyond a transaction. We look at all of our clients as referral partners and consistently strive to grow our relationship with them," said Raven Johnson, Vice President of Business Systems at Legacy Mutual Mortgage. "With QuickQual, we're able to strengthen those relationships with more borrower transparency into their potential mortgage. It also enables our loan officers to handle more transactions at once while staying involved in the borrower's home search."

With QuickQual, loan officers set parameters within the system based on the borrower's maximum pre-approved loan amount. From there, borrowers and their real estate agents can generate pre-approval letters on demand and run payment scenarios based on those parameters, thus providing borrowers with a deeper understanding of their capacity to purchase on a house-by-house basis.

"The mortgage lending landscape has been under heavy change over the last few years and especially right now," said LenderLogix Co-Founder and CEO Patrick O'Brien. "Updating technology to add more transparency and adapt to consumers' expectations is a pressure that is only going to grow for lenders. We love helping lenders stay ahead of the curve, and it's no different for Legacy Mutual. Hats off to them for continually improving their borrower experience."

About LenderLogix:

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software and APIs to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit https://www.lenderlogix.com/.

Related link: https://www.lenderlogix.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Awards and Honors, Business

LenderLogix Co-Founder and Chief Technology Officer Scott Falbo named a 2023 HousingWire Tech Trendsetter

BUFFALO, N.Y. -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, today announced Co-founder and Chief Technology Officer Scott Falbo has been selected by HousingWire as a 2023 Tech Trendsetter Award winner. In its fifth year, HousingWire's Tech Trendsetters award recognizes the most impactful and innovative technology leaders serving the housing economy.

"HousingWire's Tech Trendsetters award provides a unique platform for us to shine a spotlight on the visionaries steering the course of the tech organizations that are reshaping the housing landscape," HousingWire's Editor in Chief Sarah Wheeler said. "These trailblazers play a pivotal role in the success of their mortgage and real estate clientele. Once again, they have exceeded expectations, addressing some of the most pressing challenges within the housing sector with ingenuity and determination."

Leveraging his experience in developing software within other highly regulated industries and direct lender feedback on existing pain points, Falbo architected the current LenderLogix product suite to help lenders address gaps in their existing tech stack that have prevented their organizations from delivering the agile digital mortgage experience borrowers crave. As a result, hundreds of lending organizations can now provide a more cohesive and responsive digital experience quickly, easily and cost-effectively through the LenderLogix technology suite, which includes LiteSpeed, QuickQual, Fee Chaser and CRA Analytics.

"Our team is fortunate to be made up of former mortgage lending professionals and technologists, which leads to empathy for mortgage lenders sitting at the core of our company culture," Falbo said. "Though digital point-of-sale and origination technologies have become table stakes in today's mortgage market, every decision we make within our platform of digital lending tools is with the mortgage lender and their customers at the center. By keeping this in mind, we help lenders deliver incredible experiences to their borrowers and real estate partners."

The 2023 HousingWire Tech Trendsetters were selected by HousingWire's selection committee based on their vital and dynamic contributions to their organizations and the housing industry as a whole. The complete list of HousingWire Tech Trendsetter Award recipients can be found at www.housingwire.com

About LenderLogix

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software and APIs to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit https://www.lenderlogix.com/.

About HousingWire

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches more than 70,000 newsletter subscribers daily and 1 million unique visitors each month and has more than 5,000 members and event attendees. Visit www.housingwire.com or www.solutions.housingwire.com to learn more.

Related link: https://www.lenderlogix.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Encompass Lending Group, Fathom Holdings Inc., Nasdaq: FTHM, Software

Encompass Lending Group Adds LiteSpeed and QuickQual from LenderLogix to Its Digital Mortgage Tech Stack

BUFFALO, N.Y. -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced that Encompass Lending Group, a wholly owned subsidiary of Fathom Holdings Inc. (Nasdaq: FTHM), has selected its streamlined point-of-sale (POS) platform LiteSpeed and QuickQual, a loan origination system (LOS) add-on that allows prospective borrowers and real estate agents to run payment and closing costs scenarios. Together, these tools empower Encompass Lending Group's loan officers to deliver a digital-first borrower experience throughout the pre-approval and loan application process.

Leveraging LiteSpeed and QuickQual at the front end of its origination process ensures a smooth transition for Encompass Lending Group's borrowers from pre-qualification to application. With QuickQual and LiteSpeed, Encompass Lending Group's borrowers experience a consistent, modern, streamlined experience from the first point of contact through application to complement the high-touch service its loan officers provide.

"We understand every borrower is different. Our services are custom-tailored to every borrower, and we thought our technology should reflect that," said Encompass Lending Group's Paul Marsh, EVP of National Sales. "QuickQual and LiteSpeed enable us to deliver a highly engaging experience for our borrowers from the early stages of the relationship, which helps us increase our conversion rates and provides a tremendous boost to our sales team's efforts."

"Today's borrowers have more options than ever when selecting a lender. As a former lender, it's easy to get bogged down in the noise of technology 'solutions.' LiteSpeed and QuickQual solve the present-day challenges of loan officers without the bulk," said LenderLogix Co-Founder and CEO Patrick O'Brien. "Our products provide personalized, digital experiences for the borrower while saving a few more minutes per transaction in the loan officer's day. With the seamless integration between our products and the LOS, it's a win-win for everyone."

About LenderLogix:

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software and APIs to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit https://www.lenderlogix.com/.

About Fathom Holdings Inc.:

Fathom Holdings Inc. is a national, technology-driven, real estate services platform integrating residential brokerage, mortgage, title, insurance, and SaaS offerings to brokerages and agents by leveraging its proprietary cloud-based software, intelliAgent. The Company's brands include Fathom Realty, Dagley Insurance, Encompass Lending, intelliAgent, LiveBy, Real Results, and Verus Title. For more information, visit https://fathominc.com/.

Related link: https://www.lenderlogix.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Reports and Studies

LenderLogix Q3 2023 Homebuyer Intelligence Report Data Shows Slight Decline in Home Buying Activity

BUFFALO, N.Y. -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced the latest release of the Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home buying process based on data collected by the LenderLogix suite of tools. The latest report covers data collected during the pre-approval and borrower application process during the third quarter (Q3) of 2023.

Pre-Approvals

In Q3 2023, borrowers generated 45,527 pre-approval letters through LenderLogix's QuickQual pre-approval platform, a decrease of nearly 23% from Q2. The average of pre-approved borrowers per loan officer decreased by 11.6% from 28 in Q2 to just over 24 in Q3.

The average pre-approval letter loan amount in Q3 also decreased slightly by 2.5% to $295,312 compared to Q2's average loan amount of $302,836. However, the average sales price stayed nearly the same, decreasing less than 1% from $348,348 in Q2 to $345,031 in Q3, with an average down payment size of 14.5%.

Conventional loans remained the most popular loan type for pre-approved borrowers, with its share slightly rising to 75% versus 71% in Q2. FHA pre-approvals slightly declined to 19% versus 22% in Q2, as did VA (4%) and USDA share (1%).

"Overall, Q3 showed higher down payments, with fewer home shoppers in the market than last quarter, which makes sense given that it is continually getting more expensive for consumers to purchase a home," said LenderLogix Co-Founder and CEO Patrick O'Brien. "As we enter into historically lower volume months, lenders will need to continue to be diligent in equipping themselves with the tools and resources necessary to make home buying more affordable and educate potential borrowers along the way."

Borrower Conversion

Of the borrowers using QuickQual in Q3 2023, the average number of days between pre-approval and loan submission increased incrementally to 89.8 days, compared to 89.3 days in Q2. The most prolonged duration between pre-approval and application also increased to 1,274 days in Q3 from 994 days in Q2. While the increased length between pre-approval and loan submission did not dissuade borrowers in Q2, the same cannot be said for Q3, as conversions from borrowers using QuickQual declined from 58% in Q2 to 53% in Q3. Within this subset, borrowers generated an average of 8.57 pre-approval letters before converting.

"While the overall number of potential homebuyers is down, 'patience' seems to be the mantra for those still in the market, and lenders would do well to follow suit, as industry analysts have revised their forecasts to reflect a tough Q4 and Q1," O'Brien added. "Though there may be fewer buyers and the road to purchase longer than anyone would like, there is still business out there for lenders to capture, and proactive, ongoing communication and education will be key to prospect retention and conversion."

Data from the Homebuyer Intelligence Report is available to the industry free of charge. To learn more about LenderLogix, visit www.lenderlogix.com.

About LenderLogix:

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit https://www.lenderlogix.com/.

Related link: https://www.lenderlogix.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Software

Affinity Plus Federal Credit Union Selects LenderLogix’s QuickQual to Improve Transparency and Responsiveness During Mortgage Borrowers’ Home Search

BUFFALO, N.Y. -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, today announced that Minnesota-based Affinity Plus Federal Credit Union (Affinity Plus) has selected its pre-approval letter generation tool QuickQual to provide borrowers with a white-labeled, digitally-driven entry point into their homebuying experience.

"Each member engaging in the mortgage process is different, and we thought our technology should reflect that experience," said Tara Rutz, Mortgage Servicing and Origination Manager, Affinity Plus Federal Credit Union. "QuickQual enables us to deliver a highly engaging experience for our members, including generating pre-approval letters quickly and efficiently. Additionally, the interactive tool will allow members to preview real-time costs (down payment, monthly payments, cash to close, etc...) of purchasing their next home and adjust accordingly to the properties they are viewing within the parameters set forth in the pre-approval."

With QuickQual, loan officers set parameters within the system based on the borrower's maximum pre-approved loan amount. From there, borrowers and their real estate agents can generate pre-approval letters on demand and run payment scenarios based on those parameters, thus providing borrowers with a deeper understanding of their capacity to purchase on a house-by-house basis.

"Affinity Plus is a perfect example of the difference thoughtful tech investment can make in helping credit unions compete effectively in today's market," said LenderLogix Co-Founder and CEO Patrick O'Brien. "This is exactly what we intended when designing our suite of products - to improve lenders' operations by addressing the gaps in their existing tech stack and provide a stellar user experience for their customers."

About LenderLogix:

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software and APIs to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money.

For more information, visit https://www.lenderlogix.com/.

RELATED LINKS:

https://lenderlogix.com/quickqual-demo

Related link: https://www.lenderlogix.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Software

LenderLogix integrates LiteSpeed mortgage point of sale system with Encompass by ICE Mortgage Technology

BUFFALO, N.Y. -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, today announced the completion of the integration between LiteSpeed, a streamlined point-of-sale (POS) system designed for mortgage lenders and Encompass® by ICE Mortgage Technology, part of ICE (NYSE: ICE) and a global data, technology and market infrastructure company that designs, builds and operates digital networks to connect people to opportunity. Through the integration, leads flow directly from LiteSpeed to Encompass, providing loan officers with the combined power and accessibility of their web-based LOS while on the go.

"Though digital point-of-sale and origination technologies have become table stakes in today's mortgage market, LiteSpeed combined with Encompass and ICE's extensive suite of open APIs provides lenders a distinct competitive advantage," said Scott Falbo, Chief Technology Officer and Co-Founder at LenderLogix. "Through its powerful cloud-based ecosystem, Encompass works hand-in-hand with LiteSpeed, delivering easy access for loan officers to manage new and existing leads whether in the office or on the go. By leveraging the web-based workflow structure they're already familiar with, loan officers can quickly and efficiently deliver incredible experiences to their borrowers."

LiteSpeed was strategically and intentionally designed to provide borrowers with a simple yet powerful user experience. The white-labeled platform guides borrowers through singular, auto-advancing application questions using animated iconography and dynamic messaging. Once the application is complete, borrowers then receive confirmation emails with next steps, a secure document upload link and more from their selected loan originator.

Encompass provides loan officers with the ability to access their web-based LOS from anywhere, enabling them to maximize productivity across their entire workflow. This integration between LiteSpeed and Encompass leverages the latest Encompass Developer Connect API(TM) Platform, ensuring a seamless flow of data, while also delivering a frictionless and highly automated process for borrowers.

"With thousands of lenders adopting the Encompass loan origination platform, LenderLogix has invested extensively in its integrations with the Encompass solution suite," said Patrick O'Brien, CEO and Co-Founder of LenderLogix. "By combining LiteSpeed's easy to use digital point-of-sale technology with the pipeline and lead management tools within Encompass, this integration provides loan officers with even more functionality to serve their borrowers whenever and wherever they're needed."

About LenderLogix

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit https://www.lenderlogix.com/.

About ICE Mortgage Technology

ICE Mortgage Technology® is part of ICE (NYSE: ICE), a global data, technology and market infrastructure company that designs, builds and operates digital networks to connect people to opportunity. Backed by ICE's global resources, we offer a truly differentiated digital platform that provides straight-through processing for a more comprehensive end-to-end workflow than any other provider in the market. We reach almost every mortgage in the U.S. by combining the native automation of Encompass® with the e-collaboration and e-recording capabilities of Simplifile®, along with the national electronic registry for nearly 90% of the U.S. mortgage market in MERS®. Ultimately, our technology enables people across the industry to focus on personal connections when they need it most, and support borrowers for a better journey of homeownership. Visit icemortgagetechnology.com to learn more. ICE Mortgage Technology combines technology, data and expertise to help automate the mortgage process, from consumer engagement through loan registration, and every step and task in between. ICE Mortgage Technology is the leading cloud-based loan origination platform provider for the mortgage industry, with solutions that enable lenders to originate more loans, lower origination costs, and reduce the time to close, all while ensuring high levels of compliance, quality and efficiency.

Visit https://www.icemortgagetechnology.com/ or call (877) 355-4362 to learn more.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading "Key Information Documents (KIDS)."

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2022, as filed with the SEC on February 2, 2023.

RELATED LINKS:

https://www.icemortgagetechnology.com/products/encompass-for-loan-officers

Related link: https://www.lenderlogix.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Awards and Honors, Business, Free News Articles

LenderLogix’s Derrick Enderby recognized by HousingWire Magazine in its 2023 HW Insiders award program

BUFFALO, N.Y. -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks and brokers, today announced Director of Customer Success Derrick Enderby has been chosen by HousingWire as a 2023 Insiders Award winner. Through its Insiders award program, HousingWire seeks to recognize individuals who serve their companies in outstanding ways through operations, product development and other ways that make their company successful.

"Derrick's pursuit of excellence has had a tremendous impact on both our customers and LenderLogix's success, so it is no surprise that HousingWire has recognized his efforts," said LenderLogix Co-Founder and CEO Patrick O'Brien. "Not only has Derrick created best practices and systems for our entire customer success department to ensure our clients receive the highest levels of service, but his dedication to helping our users get the most out of our technology is undeniable."

Under Enderby's guidance, the average loan officer using QuickQual has experienced a 27% increase in the number of pre-approvals issued on the platform. He also created an internal customer relationship management system to highlight opportunities to educate clients on ways to expand their use of their existing LenderLogix product. In addition, Enderby authored an internal Customer Success Playbook to outline specific touchpoints that LenderLogix Customer Success Specialists utilize to remain engaged and invested in clients' businesses.

"We publish the HousingWire Insiders award with the goal of shining a spotlight on the intrapreneurs and operational leaders who work ambitiously to support the success of their organizations," HousingWire Editor in Chief Sarah Wheeler said. "Since its launch eight years ago, we have been able to recognize the accomplishments of hundreds of Insiders whose dedication and expertise have resulted in enormous contributions to the housing landscape. Accomplishments which can often be behind-the-scenes but garner massive results."

The complete list of HousingWire Insiders Award winners can be found at www.housingwire.com

About LenderLogix

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software and APIs to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit https://www.lenderlogix.com/.

About HousingWire

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches more than 70,000 newsletter subscribers daily and 1 million unique visitors each month and has more than 5,000 members and event attendees. Visit www.housingwire.com or www.solutions.housingwire.com to learn more.

Related link: https://www.lenderlogix.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022