- Raymond James Bank (RJF), based in Florida, US, has partnered with ICE Mortgage Technology to enhance its mortgage lending operations for high-net-worth borrowers.
- RJF, an affiliate of Raymond James Financial, will utilize ICE Mortgage Technology’s Encompass digital software for mortgage origination.
- ICE Mortgage Technology, part of Intercontinental Exchange (ICE), provides technology solutions for the entire mortgage process, automating steps from customer engagement to loan registration.
- The Encompass solution will support the origination of mortgages for affluent borrowers through retail and delegated correspondent lending avenues.
- RJF already uses other ICE solutions, including Mortgage Electronic Registration System (MERS) and ICE Data Services, making the integration of Encompass a natural fit.
- Tim Bowler, president of ICE Mortgage Technology, emphasizes the fragmented nature of home finance and states that their investment in data and technology accelerates elements of the mortgage process.
- The partnership with RJF is seen as evidence that ICE Mortgage Technology’s mortgage technology ecosystem is resonating in the marketplace.
Raymond James Bank to deploy ICE Mortgage Technology’s lending solution Encompass
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