June 25, 2022


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First Tech Federal Credit score Union Selects ICE Mortgage Expertise’s Embody Product and Pricing Service to Streamline Automation and Scale

PLEASANTON, Calif.- “ICE Mortgage Expertise’s Embody Product and Pricing Service permits First Tech Federal Credit score Union to leverage pricing and eligibility capabilities in a local setting inside Embody,” mentioned Joe Tyrrell, President of ICE Mortgage Expertise. “Because of this not solely can they streamline their processes, entry up to date options and customise areas which can be important to their particular person success, however they will do all of that in a single system with knowledge accuracy and consistency.”

EPPS, a sturdy product pricing engine built-in into the ICE Mortgage Expertise Platform, permits customers to precisely choose and worth eligible mortgage merchandise, routinely monitor for mortgage adjustments, and guarantee dependable knowledge alternate all through the lifecycle of the mortgage, which decreases threat throughout the lending course of.

“Relentless operational effectivity is the imaginative and prescient for First Tech’s Residential Mortgage Lending Division,” mentioned Bruce Dickinson, Senior Vice President, Residential Mortgage Lending of First Tech Federal Credit score Union. “The market and our membership will proceed to demand a chic front-end car to use for a mortgage, obtain transparency and accuracy within the course of, and finalize actual property transactions sooner. The Embody Product and Pricing Service helps First Tech Federal Credit score Union to be higher positioned for these challenges and calls for for future success.”

Along with EPPS already being built-in into Embody and the worth of a decreased threat of integration knowledge points, different key differentiators for First Tech choosing ICE Mortgage Expertise Embody Product and Pricing Service embody that it totally helps house fairness line of credit score (HELOC) merchandise, permits for customizable configurations managed by the First Tech Embody Admin Group, and is customizable to First Tech insurance policies with enterprise guidelines and mortgage templates.

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For extra info concerning the Embody Product and Pricing Service, go to www.icemortgagetechnology.com/epps.

ICE Mortgage Expertise combines know-how, knowledge and experience to assist automate the mortgage course of, from client engagement via mortgage registration, and each step and activity in between. ICE Mortgage Expertise is the main cloud-based mortgage origination platform supplier for the mortgage trade, with options that allow lenders to originate extra loans, decrease origination prices, and cut back the time to shut, all whereas making certain excessive ranges of compliance, high quality and effectivity. Go to icemortgagetechnology.com or name (877) 355-4362 to be taught extra.

About First Tech Federal Credit score Union

First Tech Federal Credit score Union is a $14+ billion establishment headquartered in San Jose, California. It’s the nation’s premier credit score union serving the world’s main technology-oriented firms and their staff, together with HP Inc., Hewlett Packard Enterprise, Microsoft, Agilent, Intel, Cisco, Amazon, Nike, Intuit, Google, and extra. First Tech is acknowledged because the trade catalyst for delivering easy banking experiences to greater than 720,000 members via its 32 department places, greater than 5,600 CO-OP Shared Department places, 30,000 CO-OP Community ATMs, and on-line platforms. First Tech presents a full vary of economic providers, together with conventional banking, on-line banking, mortgages, monetary planning, varied client loans, and insurance coverage providers. Federally insured by NCUA. Equal Housing Lender. For extra info, go to www.firsttechfed.com.

About Intercontinental Change

Intercontinental Change, Inc. (NYSE: ICE) is a Fortune 500 firm that designs, builds and operates digital networks to attach individuals to alternative. We offer monetary know-how and knowledge providers throughout main asset courses that provide our prospects entry to mission-critical workflow instruments that improve transparency and operational efficiencies. We function exchanges, together with the New York Inventory Change, and clearing homes that assist individuals make investments, increase capital and handle threat throughout a number of asset courses. Our complete fastened revenue knowledge providers and execution capabilities present info, analytics and platforms that assist our prospects capitalize on alternatives and function extra effectively. At ICE Mortgage Expertise, we’re remodeling and digitizing the U.S. residential mortgage course of, from client engagement via mortgage registration. Collectively, we rework, streamline and automate industries to attach our prospects to alternative.

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Emblems of ICE and/or its associates embody Intercontinental Change, ICE, ICE block design, NYSE and New York Inventory Change. Info concerning further logos and mental property rights of Intercontinental Change, Inc. and/or its associates is situated right here. Key Info Paperwork for sure merchandise coated by the EU Packaged Retail and Insurance coverage-based Funding Merchandise Regulation might be accessed on the related alternate web site underneath the heading “Key Info Paperwork (KIDS).”

Secure Harbor Assertion underneath the Non-public Securities Litigation Reform Act of 1995 — Statements on this press launch concerning ICE’s enterprise that aren’t historic details are “forward-looking statements” that contain dangers and uncertainties. For a dialogue of further dangers and uncertainties, which might trigger precise outcomes to vary from these contained within the forward-looking statements, see ICE’s Securities and Change Fee (SEC) filings, together with, however not restricted to, the danger components in ICE’s Annual Report on Kind 10-Okay for the 12 months ended December 31, 2020, as filed with the SEC on February 4, 2021.