Sunday, 24 October 2021 | The Latest Buzz for the Appraisal Industry

ICE Mortgage Technology’s Platform Helps Lenders with New Industry Rule

ICE Mortgage Technology, part of Intercontinental Exchange Inc., has released additional enhancements to its Encompass platform. The Encompass 21.2 release supports the recently updated General Qualified Mortgage (QM) final rule enabling lenders to seamlessly calculate eligibility for QM loans using the new price-based thresholds which government-sponsored enterprises (GSE) will require in order to sell loans to the secondary market.

The new Encompass 21.2 release offers the flexibility for lenders to use both existing and

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