ICE offers a comprehensive, automated suite of fee management solutions that streamlines the fee management and tax data procurement processes during loan origination. With seamless integration of our solutions to ICE Encompass® and other loan origination systems, lenders can improve efficiencies and reduce costly errors.
ICE Fee Solutions help save time, minimize costly fee cures and improve the borrower experience by providing a single source to manage fees for the Loan Estimate and Closing Disclosure forms.
Delivers fast, reliable and nationwide property tax data across the mortgage life cycle. From loan estimates to closing disclosures, ICE is your single source for property tax information, providing a cost-effective way to more accurately estimate property taxes to prequalify buyers and fund escrow accounts.
Allows you to create your own national network of service providers for fast, easy access to fees. Settlement agents can manager their fees, certify their accuracy, use real-time effective dating capabilities and provide you with full transparency.
Calculates future fee and transfer tax changes based on a loan’s projected close date, minimizing the need to issue change disclosures. Provides instant property tax estimates through our Tax for Loan Estimation solution.
Monitor thousands of jurisdictional changes and analyze loan pipeline to determine impacted transactions in a timely manner to minimize fee cures
Costly fee cures are minimized with our accurate Loan Estimate and Closing Disclosure fees
More consistent fee and tax data at application and closing improves and enhances borrower satisfaction
Save time with improved data accuracy and auto population of fees for loan estimates and closing disclosures
Property tax data that helps you meet the TRID three-day disclosure requirement
We've processed more than one-billion real estate transaction fees and continue to provide the market with up-to-date fee data
According to our recent whitepaper, The hidden cost of fee cures, where we studied nearly 90,000 loans, more than one in three loans resulted in a fee cure, with an average cost of $1,225 per loan. By mitigating fee cures, lenders who were part of the study could recover more than $1.2 million for every 1,000 loans originated.
ICE Fee Solutions delvers a streamlined, accurate solution for lenders to obtain fee and tax data that’s essential to the loans they process. Robust integration into loan origination systems enables lenders to experience significant workflow efficiencies, reduce errors and prevent manual rework. Nationwide coverage and comprehensive information provides lenders with a single source for loan estimate and closing disclosure data.
To help you save even more time and money, we also offer an Enhanced Flood Report, powered by SnapFlood. Learn more about this automated, cost-effective, solution here.