ICE Mortgage Technology
92 Case Studies
A ICE Mortgage Technology Case Study
The Federal Savings Bank, a $280M Chicago-based lender that handles roughly 10,000 loan applications a year and originates in all 50 states, faced a time-consuming challenge: automating the process of filtering hundreds of eligible investors and mortgage products to quickly identify the best, compliant options for each borrower.
By implementing Ellie Mae’s Market Clarity, bankers can enter a borrower scenario and instantly find eligible investors and products, compare investors side-by-side, and rely on automatically updated, state-specific investor guidelines. The tool delivered faster, more accurate loan origination with fewer surprises, improved efficiency and loan quality, and very short training time (about 20 minutes) for staff.
Bill Mrowczynski
National Director of Training