July 1, 2022


Good Business

First American Mortgage Solutions Announces First-of-its-Kind Title and Settlement Integration With ICE Mortgage Technology’s New Encompass Platform

SANTA ANA, Calif.–(Enterprise WIRE)–To start with American House loan Methods LLC, a portion of the To start with American household of organizations, now announced a new integration with ICE Mortgage loan Know-how™, element of Intercontinental Trade, Inc. (NYSE: ICE), a primary world-wide service provider of information, engineering and sector infrastructure. First American is the to start with title and settlement supplier to provide automatic support buying through ICE Home finance loan Technology’s Encompass® system enabling lenders to have a far more streamlined, automatic title and settlement purchasing knowledge.

The new integration enables a financial loan officer, personal loan processor, and Initial American’s title consultant to talk in true-time during the transaction, increasing effectiveness and lowering time to shut. Furthermore, paperwork are automatically put in the ideal order’s e-folder, further cutting down tasks for the personal loan processor throughout the title and settlement process.

“Our increased title and settlement integration with the Encompass system reflects To start with American’s dedication to aiding loan companies near more significant-quality, saleable financial loans a lot quicker, when optimizing workflow and delivering outstanding shopper experiences,” reported Todd McGowan, division president, To start with American Home finance loan Methods. “Beta buyers have verified the integration presents an intuitive, seamless financial institution encounter and a streamlined workflow that increases effectiveness.”

For more details about 1st American Property finance loan Solutions’ enhanced integration with Encompass remember to pay a visit to: Initially American Home loan Methods.

In addition to title and settlement expert services, 1st American has a whole suite of options integrated into the ICE Home loan Technology’s Encompass® platform, which include its chance identification resource, FraudGuard, as perfectly as its title level and cost calculator, house equity providers, valuation providers, document era options and eClosing alternatives.

About Initially American House loan Alternatives

First American Property finance loan Answers, a part of the To start with American loved ones of firms, supplies thorough remedies for household loan providers and servicers masking the total personal loan spectrum, which include comprehensive solutions, micro products and services and software programming interfaces (APIs). Initially American Home loan Methods, jointly with Initial American’s broader abilities, serves as a solitary resource for title and settlement, property equity, info and analytics, fraud and verification, regulatory compliance, valuation and collateral possibility, submit-closing and default solutions. Far more information about To start with American Property finance loan Remedies can be found at www.firstam.com/mortgagesolutions.

About First American

Initial American Monetary Corporation (NYSE: FAF) is a leading provider of title, settlement and threat solutions for serious estate transactions. With its mixture of economic strength and steadiness developed more than far more than 130 a long time, revolutionary proprietary systems, and unmatched facts belongings, the enterprise is major the digital transformation of its marketplace. To start with American also presents facts solutions to the title marketplace and other third get-togethers valuation products and solutions and solutions property finance loan subservicing household guarantee products and solutions banking, believe in and wealth management products and services and other associated solutions and solutions. With full revenue of $9.2 billion in 2021, the enterprise offers its products and services immediately and via its agents all over the United States and overseas. In 2022, To start with American was named a person of the 100 Most effective Organizations to Perform For by Terrific Position to Do the job® and Fortune journal for the seventh consecutive yr. Additional details about the company can be uncovered at www.firstam.com.

About ICE Mortgage loan Technologies

ICE Home finance loan Technology combines technological know-how, details and abilities to automate the whole home finance loan method from client engagement by financial loan registration and each step and undertaking in in between. ICE House loan Technological know-how is the primary cloud-based mostly loan origination platform company for the home finance loan business with alternatives that empower loan companies to originate extra financial loans, decreased origination charges, and reduce the time to close, all while making sure the maximum concentrations of compliance, high-quality, and efficiency. Stop by icemortgagetechnology.com or simply call (877) 355-4362 to understand a lot more.

About Intercontinental Trade

Intercontinental Trade, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates electronic networks to link men and women to prospect. We offer economic know-how and facts services across key asset classes that present our consumers accessibility to mission-essential workflow applications that maximize transparency and operational efficiencies. We operate exchanges, including the New York Inventory Trade, and clearing properties that assist people invest, raise funds and regulate possibility throughout a number of asset classes. Our in depth fixed income data solutions and execution capabilities offer info, analytics and platforms that enable our customers capitalize on prospects and run far more proficiently. At ICE House loan Engineering, we are transforming and digitizing the U.S. household house loan approach, from consumer engagement by means of loan registration. With each other, we rework, streamline and automate industries to link our buyers to chance.

Emblems of ICE and/or its affiliates include things like Intercontinental Trade, ICE, ICE block style and design, NYSE and New York Inventory Trade. Facts about extra emblems and mental home rights of Intercontinental Exchange, Inc. and/or its affiliate marketers is found in this article. Crucial Info Paperwork for sure merchandise protected by the EU Packaged Retail and Insurance policy-based Expense Products and solutions Regulation can be accessed on the applicable exchange website underneath the heading “Key Information Paperwork (Children).”

Protected Harbor Assertion underneath the Private Securities Litigation Reform Act of 1995 — Statements in this push launch regarding ICE’s organization that are not historical specifics are “forward-hunting statements” that require threats and uncertainties. For a dialogue of additional dangers and uncertainties, which could bring about genuine final results to vary from individuals contained in the ahead-wanting statements, see ICE’s Securities and Trade Fee (SEC) filings, like, but not minimal to, the threat components in ICE’s Annual Report on Sort 10-K for the calendar year ended December 31, 2021, as submitted with the SEC on February 3, 2022.