Updating lending systems and technology
Using the latest frameworks, languages and technologies, Lender Price's pricing, product and eligibility engine (PPE) benefits lenders of all sizes. Lender Price develops solutions for old and new problems in record time and works with ICE to deliver them to Encompass® customers. With the Lender Price integration within Encompass®, users can directly access accurate rate information and a wide range of expanded loan types, including agency, non-agency and home equity loan programs. Utilizing a centralized platform that is consistently enhanced to scale with business needs, ICE customers can gain operational efficiency, reduce errors and drive innovation across their respected organizations.
Lender Price uses natural language processing (NLP) that allows clients to create business rules in a simplified environment, just by typing out a rule. Clients are ensured a seamless user experience by integrating Lender Price's intuitive interface with powerful Encompass functionality to be better positioned for increased efficiency and competitiveness.
2024 ICE Innovation Award Winner
Lender Price won the 2024 ICE Lenders' Choice Award for Best Service Provider for working with ICE Mortgage Technology customers to provide a user-friendly product and pricing engine that integrates seamlessly with Encompass through APIs available out-of-the-box. When JP Morgan Chase Bank decided to modernize their loan origination system and selected Encompass, Lender Price worked with them to to develop a comprehensive solution that could own and manage critical features of the mortgage origination process, such as locking, post-lock changes, product changes and price exceptions.
See all ICE innovation award winners