ICE Mortgage Technology posts strongest quarter since 2022

Transaction revenue was $141 million, up 20% year over year. Gardiner said growth was driven by the Encompass loan origination platform, where customers are increasingly exceeding minimum usage levels amid an improving origination environment, along with double-digit growth in Electronic registration systems for mortgages (MERS) usage supported by strong refinancing activity. Recurring revenue totaled $391 […]