ICE PPE (Product and Pricing Engine)​

The mortgage pricing engine that lets you price loans in an instant

ICE PPE (Product and Pricing Engine) is a robust pricing engine integrated into the Encompass® mortgage software solution. The only product and pricing engine natively embedded into Encompass, ICE PPE delivers the ability to automate pricing, locks and compliance for growth, speed and profitability, all in one place. Get rates fast, check eligibility, keep data accurate and easily stay on top of changes that affect mortgage loan scenarios.

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Featured Encompass customers
HOW LENDERS BENEFIT FROM A MORTGAGE PRICING ENGINE

Leverage automation for pricing you can trust

ICE PPE is a robust, configurable and easy to use solution designed to calculate pricing options at the outset of the mortgage loan process. Directly integrated into Encompass, ICE PPE automates loan program search, loan pricing, eligibility rate options and loan scenarios.

This advanced automation gives lenders the ability to efficiently search products and pricing across hundreds of programs, provide instant rate quotes to borrowers and submit lock requests. Lenders can also streamline workflows, reduce errors and enhance profitability by leveraging the power of a single provider and platform.

Automate the mortgage loan origination process and achieve a true digital mortgage workflow from origination to closing to the secondary market, all through a single system of record.

Automate eligibility

  • Easily find the best program by sorting by target price, rate, investor and more
  • Automatically see best execution pricing and incorporate mortgage rates into rate calculations
  • Automatically monitor rate and pricing for mortgage loan scenarios to receive instant alerts when targets are met

Ensure accuracy and transparency

  • Automatically incorporate consistent LO compensation into mortgage loan pricing and ensure that pricing includes your desired profit and appropriate compensation amounts
  • Ensure full communication on lock requests from the loan officer to secondary marketing
  • Automatically manage investor guidelines, eligibility, rates, prices and adjusters

Close loans faster

  • A seamless two-way workflow sends information directly from your loan file to the mortgage product and pricing engine
  • Receive adjustment information directly back into your lock request form, secondary registration tool and the borrower’s secure loan eFolder
  • Enable relocks, validations and worst-case pricing scenarios with our Historical Pricing feature

Guidelines and rules management

  • Includes access to program specific guidelines through AllRegs®
  • Easy to implement overlays
  • Ability to self-manage or have ICE manage custom programs
WHAT TO LOOK FOR IN A MORTGAGE PRICING ENGINE

Why ICE PPE?

Today’s lenders are faced with many choices when selecting a PPE. Here are some important factors to consider when choosing a mortgage pricing engine solution:

Drive new efficiencies

  • Streamline and simplify processes with faster rate search and comparisons, improved accuracy, up-to-date investor guidelines and more
  • Prepare for ongoing success with customized pricing workflows to scale and adapt to changing business and market demands

Drive new efficiencies

  • Streamline and simplify processes with faster rate search and comparisons, improved accuracy, up-to-date investor guidelines and more
  • Prepare for ongoing success with customized pricing workflows to scale and adapt to changing business and market demands

Achieve a centralized, customized product and pricing workflow

  • Opt for a mortgage PPE that is built into your LOS to leverage a single platform, avoid unnecessary integration and create a streamlined workflow
  • Utilize built-in rules to automate pricing, along with a rules manager that can be tailored to your unique business needs

Grow revenue and profitability

  • Eliminate manual processes and leverage automation to quickly explore different mortgage loan pricing scenarios and rate options, submit lock requests and receive quotes
  • Leverage an efficient and trusted mortgage product and pricing workflow to achieve quicker turnarounds and added time to seek new business

Extend your Encompass workflow with ICE PPE

ICE is continuously investing in product and pricing technology innovations to help Encompass customers reach new levels of success by providing key features and benefits, including:

  • The only Encompass-native mortgage product and pricing engine
  • Access to product and pricing information for thousands of programs
  • Automation efficiencies that allow lenders to focus on growth and profitability
  • Customization and flexibility to scale the system and stay competitive
  • Comprehensive, program-specific rules and guidelines to ensure industry compliance
  • Competitive pricing and tangible ROI
Success stories

“I recommend ICE Product and Pricing to other lenders because it’s a simple, effective extension of the Encompass system.”

Angela Bornt
Vice President
OwnersChoice Funding

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Your end-to-end workflow

Streamline every step of the mortgage process

ICE Mortgage Technology® delivers a true digital mortgage experience across your entire workflow. Our technology enables mortgage professionals across the industry to focus on personal connections where they need them most.

Real Estate

Easy-to-use, next generation solutions that help real estate professionals, MLSs and title companies generate more business, increase productivity, strengthen relationships and deliver a competitive edge in today’s market.

Customer Acquisition

Stay ahead of the competition with our comprehensive suite of sales, marketing and borrower engagement solutions. Grow and retain your customer base, deliver world-class experiences and lower acquisition costs - all powered by world-class automation and integrated within the Encompass® platform.

Loan Manufacturing

Advanced technologies that will help you create a consistent, uniform loan origination process to drive efficiency and improve loan quality. With our solutions, you have the ability to process mortgage applications with higher accuracy and achieve a better customer experience.

Settlement and Closing

Electronically connect people, technologies and data in your real estate transactions. Save time and money and simplify processes from pre-closing through post-closing with electronic services, property information and fee solutions.

Capital Markets & Secondary Marketing

Data and analytics that help create efficiencies and cost savings for professionals who operate in the capital markets space. Our solutions help bank and non-bank mortgage servicers, investors and management firms make informed business decisions based on real-world market data.

Servicing

Best-in-class servicing solutions to help manage all aspects of loan servicing — from loan boarding to default. Transform your performance with automation and insights, and enhance the customer experience. Our solutions support first mortgages as well as home equity loans, and help servicers lower costs, reduce risk and operate more efficiently.

Retention

Integrated solutions to better support your customers. Our digital capabilities can help you proactively engage with customers to increase satisfaction and drive retention. Use our robust analytics and advanced marketing automation solutions to deliver the right messages at the right time.

Risk Management

Comprehensive solutions that help mortgage and title professionals reduce loss. Use our data and analytics to uncover potential risk to the properties in your portfolio or those that you are preparing for title and settlement. Our industry-leading solutions include reliable data, offer an intuitive experience and deliver the insights needed to help proactively prevent risk.

Valuations

Comprehensive suite of market-leading property valuation solutions that support the entire real estate and mortgage loan life cycle. Appraisers, lenders, servicers, investors and real estate agents rely on our property valuation products to help them meet their specific business goals.

Business & Market Intelligence

Actionable intelligence to help you make smarter, more informed decisions. Combined with our extensive data assets and proprietary analytics, you can expand your operational view to help increase efficiencies, generate and protect revenue and support compliance requirements.

Benchmarking

Expansive mortgage and housing-related data assets and analytics to help you more accurately benchmark performance. Our solutions include servicer-contributed loan level data; default, prepayment and loss predictive models; comprehensive valuation solutions; and more.

Portfolio Management

Comprehensive suite of mortgage portfolio management solutions. Maximize profitability, effectively manage risk, support regulatory compliance, identify opportunities and improve decision-making.

Partner Network/Integrations

With the largest network of integrated partners in the industry, ICE Mortgage Technology® helps you extend your business by connecting you to thousands of mortgage professionals.

Default

Scalable solutions to streamline the default process and support compliance. Featuring secure and flexible integrations, ICE’s configurable default capabilities help servicers navigate complex and oftentimes extensive default workflows while providing secure communication with attorneys, title vendors, notaries and more.

Home Equity

ICE offers end-to-end technology, data and analytic solutions that allow lenders to originate and service home equity loans and lines of credit on the same systems as first mortgage loans.

Professional services

Take your business to the next level with ICE Mortgage Technology® Professional Services

We offer customizable implementation packages, advisory consulting, custom solutions development, and project management. Our Professional Services representatives are ready to help you optimize your system and improve operational efficiencies so you can get the most out of your investment.

See how we ensure a smooth and efficient rollout

Customer success stories

Thousands of customers use ICE Mortgage Technology to drive business and improve efficiency through cutting-edge digitization. Learn how they leverage innovative technology to provide a high-touch, world-class customer experience.

See our customer stories

“The responsible thing to do is take the good fortune that you had and reinvest for that next cycle to make sure that you’re positioned to compete, and data is a huge piece of that.”

“We've focused on automating decisions with data that's resulted in tremendous opportunity for our customers, lower churn times, better customer satisfaction scores and lower cost to originate.”

“We are focused on our customer experience and digitizing mortgage lending for our customers. With more than 70% of our loans being eClosed with ICE Mortgage technology, we know that this is just the beginning of our efficiency and digitization.”

“We have business leaders coming up to us saying, 'Can you automate this for me? Can you make my work life experience better by creating technology?' Which is great.”

Encompass®

Take your Encompass experience to the next level

Leverage solutions across the Encompass platform to make smarter business decisions, lower costs, and drive innovation across all your channels.

Encompass Consumer Connect®

Borrowers expect an engaging online experience. Are you delivering?

Encompass for Loan Officers

Empower your loan officers to drive more business and deliver better borrower experiences.

Encompass TPO Connect®

Optimize how you receive and manage loans from your Third-Party Originators.

Encompass CRM™

Generate leads, build relationships, grow faster, and stay compliant.

Encompass eClose

One source. One workflow: The future of closings is here.

Encompass Investor Connect™

Loan delivery, funding, and purchases- fast.

Encompass Data Connect®

Do more with your data, anytime and anywhere.

Encompass Connector® for Salesforce®

Connect Encompass and Salesforce to create a true digital mortgage platform.

Home Equity

Connect Encompass and Salesforce to create a true digital mortgage platform.

Resources

Learn more about how ICE Mortgage Technology® is changing the industry and stay up-to-date with the latest tools and information.

See all resources

Encompass Product & Pricing Service™ datasheet

Insights - Goldstar Case Study

CRA - What originators should know

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