Cloudvirga, a provider of digital point-of-sale platforms for mortgage lenders, has announced a new integration between its Horizon POS platform and the ICE PPE from Intercontinental Exchange.
Built on ICE’s latest API framework for mortgage technology, the integration allows loan officers to request loan pricing, validate product eligibility and request rate locks from ICE PPE directly within Horizon’s Loan Center.
Horizon is a retail and consumer-direct digital mortgage platform designed to simplify the loan process for borrowers and loan officers alike. Its feature-rich Loan Center gives loan officers the tools to work more efficiently and streamline borrower communication.
The ICE PPE is the only product and pricing engine natively embedded into the Encompass loan origination system (LOS) from ICE Mortgage Technology. It allows lenders to efficiently search products and pricing across hundreds of programs, deliver instant rate quotes to borrowers and submit lock requests – all while maintaining data consistency within Encompass.
“Lenders need fast, reliable pricing and eligibility data to stay competitive – and they need it at their fingertips,” says Maria Moskver, CEO of Cloudvirga, in a release. “This integration gives loan officers more control and confidence throughout the origination process by combining Horizon’s flexibility with the trusted pricing power of ICE PPE.”