SAN FRANCISCO, Jul 15, 2021 / PRNewswire / – Polly™ today announced the expansion of its partnership with Mortgage technologies ICE™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, by making the Polly loan exchange available through Encompass.®, the industry’s most renowned lending software. The result is a more streamlined workflow designed to effectively drive profitability and scale on a single platform.
By leveraging the capabilities of both companies, lenders can begin to move from manual processes to more automated solutions. With the Polly lending exchange available on Encompass, lenders can opt out of the manual bidding process by gaining access to solutions that allow them to view multiple bids at the same time and connect to capital market solutions including pricing and real-time trading. … The first phase of this new partnership allows lenders to stay in Encompass and easily access Polly from Encompass with future enhancements to integrate the system into a delivery system and ecosystem designed to reduce lender workflow with 93% of aggregators available through Encompass Investor Connect…
“Polly is delighted to expand our partnership with ICE Mortgage Technology to further integrate our capital markets solution into Encompass,” said Adam Carmel, Founder and CEO of Polly. “By adding our solution through Encompass, we are making it easier for lenders to gain more information and flexibility in the loan process to ensure faster and more profitable transactions for lenders, thereby benefiting the originator and ultimately the consumer.”
ICE Mortgage Technology and Polly have forged a close go-to-market partnership that enables their respective clients to benefit.
ICE Mortgage Technology brings together technology, data and expertise to help automate the mortgage process, from consumer interactions to loan registration, and all the milestones and tasks. 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.
Founded in 2019 by an experienced team of mortgage and technology experts, Polly is a fast-growing technology company that is transforming the mortgage capital market. Polly provides a revolutionary end-to-end capital markets ecosystem that lenders trust to optimize performance from rate fixing to selling and delivering loans. Polly increases sales revenue, automates workflows and empowers its customers with actionable data insights. Polly lives in San Francisco California… To find out more visit polly.io
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 ICEWe 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. Report on form 10-K for the year ended December 31, 2020as filed with the SEC on February 4, 2021…
SOURCE PollyEx, Inc