ICE Mortgage Technology, part of Intercontinental Exchange Inc., a global provider of data, technology and market infrastructure, has partnered with PennyMac Loan Services LLC, a subsidiary of PennyMac Financial Services Inc. The integration with ICE Mortgage Technology’s Encompass Investor Connect will make PennyMac one of the largest correspondent aggregator within a network of correspondent investors available on one platform.
The partnership will enable a more streamlined loan delivery, resulting in improved efficiency, loan quality