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.
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
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
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.
Benchmarking
Capital Markets & Secondary Marketing
Customer Acquisition
Default
Home Equity
Loan Manufacturing
Market Analytics
Partner Network/Integrations
Portfolio Management
Real Estate
Retention
Risk Management
Servicing
Settlement and Closing
Title
Valuations
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.
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.
“Our underwriting team pushed for adoption of the Analyzers and Data & Document Automation. They realized it wasn’t a replacement for them, but a tool to assist them so they could do their job more efficiently and close more loans.”
“I am most proud of the ease with which we can scale (Income Analyzer), and the potential that it has. It really will offer our teams a competitive advantage in our market.”
“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™
Loan delivery, funding, and purchases- fast.
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.
Encompass Product & Pricing Service™ datasheet
Insights - Goldstar Case Study
CRA - What originators should know