ICE’s Nancy Alley on the launch of Encompass eClose

Today’s HousingWire Daily interview features an interview with Nancy Alley, the vice president of product strategy with ICE Mortgage Technology at Intercontinental Exchange. In this episode, Alley discusses the recent launch of the company’s Encompass eClose and what it means for the mortgage industry. 

Here is a small preview of the interview, which has been lightly edited for length and clarity:

Alcynna Lloyd: ICE Mortgage Technology’s Encompass eClose was released last week and claims to be the leading-edge solution that will transform the way mortgage loans are electronically closed in this country. Can you tell us more about this product?

Nancy Alley: I sure can. So, we are definitely excited about this launch. Last week’s launch was related to specifically hybrid eClose, meaning that Encompass lenders can now have their borrowers design the majority of the closing package. And given that the majority of lenders’ pipeline is also eligible for hybrid, this can really create a tremendous lift for our customers.

HousingWire Daily examines the most compelling articles reported from across HW Media newsrooms. Each afternoon, we provide our listeners with a deeper look into the stories coming across our news desk that are helping Move Markets Forward. Hosted by the HW team and produced by Alcynna Lloyd and Victoria Wickham.