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Truework brings additional automation to ICE Mortgage Technology platform
Truework, a fintech company providing income and employment verification for the nation’s largest mortgage lenders, announced today that their integration is now built on the latest Encompass Partner Connect™ API Platform and available through ICE Mortgage Technology®, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, to help reduce costs and increase underwriting efficiency for mortgage lenders.
Truework is the latest ICE Mortgage Technology partner to add Automated Service Ordering through the Encompass platform.
This new integration enables lenders to automatically search Truework’s instant data network of over 35 million employee records, without the click of a button. This advancement in automation eliminates the tedious data submissions traditionally required to process verifications of income and employment, saving underwriting teams time and eliminating the risk of human-error.
“ICE Mortgage Technology is a leader in the mortgage origination space and we’re excited to launch an integration that will immediately benefit thousands of lenders across the country”, said Ryan Sandler, CEO of Truework. “Alongside ICE, our team has shown a dedication to pushing the technological boundaries in order to help lenders save time and convert more applicants into borrowers.”
“Once the verification is initiated through the Encompass platform, we don’t have to think about it again”, added Jeremy Longman, loan processing manager at Ideal Lending Solutions. “That’s a huge improvement.”
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