- 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.
