Louis DaRosa of ICE Mortgage Technology named HousingWire Rising Star

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PLISENTON, California – () –Mortgage technologies ICETM, part of Intercontinental Exchange, Inc. (NYSE: ICE), the world’s leading provider of data, technology and market infrastructure, today announced that Louis DaRosa, Vice President of Development at ICE Mortgage Technology, has been selected as one of the leaders in the housing market. Stars by HousingWire Magazine… According to the June 2021 publication, daRosa is among the 50 leaders under the age of 40 on the list forming the mortgage, real estate and fintech industries.

In their eighth year of operation, 2021 Rising Stars were selected by the HousingWire Selection Committee based on their professional accomplishments in their organizations, contributions to the overall housing economy, community outreach, client impact and personal success.

Recognized for leading a team of more than 200 engineers to create a next-generation lending platform, daRosa now supports the industry’s largest correspondent lender. He and his team developed a platform that digitized secondary market activity and revolutionized the way correspondent lending is handled. The company’s cloud solutions are built using built-in automation, resulting in a robust infrastructure and ecosystem that enables developers and investors to accelerate digitization. daRosa is transforming traditional retail, wholesale and correspondent lending, allowing lenders to move to the level of automation they feel comfortable with, from processing to underwriting.

“Louis’s leadership has been instrumental in driving the mortgage industry and ICE Mortgage Technology forward,” said Joe Tyrrell, President of ICE Mortgage Technology. “The pandemic and the unprecedented scale that our industry experienced in the past year has forced many lenders to rethink their technology tools and rely more than ever on digital solutions to sustain growth and scalability. Louis was the driving force behind our all-web Encompass® correspondent solution we released last year, which allows lenders to grow exponentially while being completely virtual, which is why we think he’s such a rising star. “

For more information on HousingWire’s Rising Stars Program, see the June 2021 issue of HousingWire magazine or visit: www.housingwire.com

ICE Mortgage Technology brings together technology, data, and expertise to help automate the mortgage process, from consumer interactions to loan registration and every intermediate step and task. ICE Mortgage Technology is a leading provider of cloud-based lending platforms for the mortgage industry, offering solutions that enable lenders to disburse more loans, lower loan origination costs and shorten closing times, while delivering high levels of compliance, quality and efficiency. … Visit icemortgagetechnology.com or call (877) 355-4362 to find out more.

About the 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 for major asset classes that offer our clients access to critical workflow tools that increase transparency and operational efficiency. We are working exchanges, including New York Stock Exchange, as well as clearing houses that help people invest, raise capital, and manage risk across multiple asset classes. Our total fixed income data transmission services and Execution Capabilities provide information, analytics, and platforms that help our clients capitalize on opportunities and work more effectively. IN Mortgage technologies ICE, we are transforming and digitizing the U.S. home mortgage lending process, from consumer engagement to loan registration. Together, we transform, optimize and automate industries to empower our customers.

Trademarks of ICE and / or its subsidiaries include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Intercontinental Exchange, Inc. Additional Trademark and Intellectual Property Rights Information and / or its subsidiaries located here… Key information documents for specific products covered by the EU Package Retail and Insurance Investment Products Regulation can be accessed on the exchange’s respective website under the heading Key Information Documents (KIDS).

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 – Non-historical statements in this press release regarding ICE’s business are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements, please refer to ICE Securities and Exchange Commission (SEC) documents, including but not limited to risk factors in the Annual Report ICE. Form 10-K report for the year ended December 31, 2020 filed with the SEC on February 4, 2021.

About HousingWire

HousingWire is the most influential source of news and information for the US mortgage and housing markets. Based on independent and original journalism, HousingWire receives over 60,000 newsletter subscribers daily and over 1.0 million unique visitors each month. Our audience of mortgage, real estate and financial technology professionals rely on us to drive the markets forward. Visit www.housingwire.com or www.solutions.housingwire.com To learn more.

© 2021 ICE Mortgage Technology, Inc. All rights reserved. Encompass® and the ICE Mortgage Technology logo are trademarks of ICE Mortgage Technology, Inc.

Source: Intercontinental Exchange.

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