Absolutely. No individual results are shared with ICE Mortgage Technology. Data is anonymous and aggregated into appropriate cohort groups to develop peer-level benchmarks and overall averages.
The new ICE Mortgage Performance Analysis (MPA) program
Get your personalized assessment and action plan to improve your profitability. Sign up by June 1, 2024 and get $500 off!
ICE is excited to partner with MarketWise Advisors, LLC., to provide personalized information to help you reduce expenses, improve efficiency, and drive profitability using your existing technology stack and resources. When you sign up for the one-year program, you’ll receive quarterly reports, a quarterly consultation and comparison to industry and peer benchmarks. Lenders who subscribe before June 1, 2024 will also receive $500 off.
What’s included:
- Executive summary (profits, cost of origination and net income)
- Detailed employee cost analysis
- Productivity metrics
- Origination team effectiveness
- Drill down financial reporting comparison
- Proprietary metrics
- Option to add drill-down data analysis, benchmarking for consumer direct, wholesale and correspondent channels
- Individualized, confidential analysis of your organization’s financial, operational and technology use and opportunities
- An actionable plan for measuring and improving efficiency and profitability
How is this different from other programs/reports?
- It’s personalized: It’s customized to your business and unique to your organization – while remaining confidential (ICE will not receive your individual results)
- It’s targeted: We provide info for your specific business type – we have reports for mortgage bankers, credit unions and deposit banks
- It’s competitor-focused: We provide aggregate results of the industry and your peers – you can see how you perform compared to other organizations like yours
How much does the program cost?
- Depository Institutions-Bank or Credit Union: $9,980 per year
- Non-Depository-Independent Mortgage Banker: $4,780 per year
What will the report look like?
Below are examples of sample reports available for reference:
More frequently asked questions
Is this information held confidential?
Can I see sample reports?
Yes, sample reports are available above.
Can I request additional information, custom sorts, and more detailed reports?
Yes, please contact MarketWise Advisors directly to discuss requirements, costs and data availability.
Who do I reach out to if I have a question?
Please email Jordan Brown at MarketWise Advisors directly with any questions at [email protected] or feel free to call at 1-800-815-9484 x101.
What do I do if I do not sell to Fannie Mae or Freddie Mac?
For mortgage bankers who do not sell to Fannie Mae or Freddie Mac, please submit your last two years of financials (P&L only for the past 24 months) via the secure web portal.
What do I do if I lost my password to the secure web portal?
Please click on the ShareFile forgot password link to reset your password. If there is further technical support required, please email [email protected]