Published on May 19, 2022
Written by The Servion Group
Ellie Mae, which originally developed AIQ, was subsequently purchased by Inter-Continental Exchange, along with several other mortgage software solutions and brought together under the umbrella of a new company called ICE Mortgage Technology (ICE). ICE’s goal is to create a single digital ecosystem to handle the mortgage process from origination to final settlement. ICE provides the Encompass LOS used by Servion Mortgage.
In March of this year, Servion Mortgage’s Encompass360 team attended the ICE event in Las Vegas. This was an opportunity to further our knowledge and use of AIQ and related tech, and we are excited to bring our added knowledge and capabilities to you, our partners.
Specifically, Servion Mortgage has now integrated AIQ doc recognition, credit analyzer and income analyzer into our process, utilizing automation to shorten the overall mortgage process. The goal is to automate manual workflows, increase efficiency and productivity and reduce risk.
We look forward to implementing e-closings and additional automation throughout 2022, keeping Servion Mortgage on the forefront of mortgage automation, efficiency and service to our partners.
You can always contact your Servion account executive to learn more about our investments in technology and how it will be used to better meet your needs.