STREAMLOAN ANNOUNCES INTEGRATION WITH ICE MORTGAGE TECHNOLOGY’S ENCOMPASS SOLUTION
SAN FRANCISCO, March 14, 2022 /PRNewswire/ — StreamLoan, Inc., a provider of integrated point-of-sale (POS) mortgage tools that drive point-of-sale business, announced that its mobile-first mortgage collaboration solutions are now powered by web-based Encompass® and available through ICE Mortgage Technology™, part of Intercontinental Exchange, Inc., one of the world’s leading providers of market data, technology and infrastructure. The integration promotes automation of the digital workflow extended to lenders, borrowers and real estate agents, which improves the speed, quality and efficiency of the loan origination process. It also provides two-way integration and data flow that reduces risk and ensures that all parties in a single transaction stay up-to-date in real time.
“Each counterparty operates in real time at their company office, their home office, or their kid’s soccer game,” said the co-founder and CEO of StreamLoan. Stephen Bulfer. “It’s the kind of technology lending that today’s borrowers and loan officers expect from lenders. It’s really table stakes in this environment.”
StreamLoan’s collaborative suite makes this type of clear and compliant communication possible. Additionally, users are prompted to continue to the next step, which speeds up closing time.
Lenders find their business growing rapidly when they start offering StreamLoan’s platform, experiencing an increase in mortgage production conversion rates across retail and online channels. The recovery time is fast. StreamLoan is now launching digital storefronts for lenders in a few weeks.
“Our clients notice that while some players in this space have spent development time on shiny objects, StreamLoan has spent time sweating the details by developing the functional areas that have a significant impact on our lenders’ businesses,” said Bulfer said. “Importantly, our integration with ICE Mortgage Technology is of such quality that we can attract new clients within weeks, without an army of lender IT resources, quickly unlocking new growth potential through the lender’s existing digital investment in ICE Mortgage Technology.”
StreamLoan can service a wide range of lenders, from a local branch to a business with hundreds of branches, specializing in retail, direct-to-consumer, and correspondent lender channels. The platform is highly configurable and customizable, allowing the platform to quickly, easily and cost-effectively adapt to the ways lenders run their business. It offers native mobile apps on iOS and Android, in addition to a responsive web and desktop solution, which means the user experience moves seamlessly from one platform to another.
StreamLoan to Attend ICE Experience 2022 at Wynn Las Vegas March 14-16, 2022. Booth #22 (near the Lafite Ballroom entrance) or contact [email protected] set a time to meet.
For more information visit: StreamLoan, Inc.
ICE Mortgage Technology combines technology, data and expertise to automate the entire mortgage process, from consumer engagement to loan registration, and all the steps and tasks in between. ICE Mortgage Technology is the leading provider of cloud-based loan origination platforms for the mortgage industry with solutions that enable lenders to originate more loans, reduce origination costs and reduce time to close, while guaranteeing the highest levels of compliance, quality and efficiency. Visit icemortgagetechnology.com or call (877) 355-4362 to learn more.
StreamLoan was founded in 2015 to make the journey to homeownership as rewarding as the destination. The company is based in San Francisco and is backed by leading Silicon Valley venture capitalists representing real estate, finance, FinTech and other innovative technology industries. For more information, call 415.617.9906 or visit https://www.streamloan.io
About intercontinental exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that provide our clients with access to critical workflow tools that increase transparency and operational efficiency. We operate Tradesincluding the New York Stock Exchangeand clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income securities data services and execution capabilities provide insights, analytics and platforms that help our clients take advantage of opportunities and operate more effectively. AT ICE Mortgage Technology, we are transforming and digitizing the residential mortgage process in the United States, from consumer engagement to loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates can be found here. Key information documents for certain products covered by the EU Regulation on packaged retail and insurance-based investment products can be accessed on the website of the relevant stock exchange under “Information Documents keys (KIDS)”.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 — Statements in this press release regarding ICE’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ materially from those contained in the forward-looking statements, see ICE’s filings with the Securities and Exchange Commission (SEC), including, but not limited to, the risk factors in the Annual Report on Form 10-K for the year ended December 31, 2021as filed with the SEC on February 3, 2022.
(415) 617-9906 or [email protected]