eRESI Correspondent Platform Integrates with ICE Mortgage Technology’s Encompass Investor Connect to Accelerate Non-QM Loan Delivery

eRESI Capital, LLC (“eRESI”), an innovative mortgage funding platform that offers comprehensive private capital solutions to the residential mortgage market, today announced its integration with Intercontinental Exchange’s (NYSE: ICE) Encompass Investor Connect. This strategic move positions eRESI as the first major Non-QM investor on the platform, enhancing the Non-Agency loan delivery process for mortgage lenders.

With this integration, lenders can deliver closed loans directly to the eRESI system without leaving their Encompass® environment. This seamless system-to-system connection simplifies the delivery process, allowing lenders to send up to 1,500 loans at a time at no additional cost to Encompass customers. Documents and data are preformatted to meet eRESI’s requirements, resulting in more complete and purchase ready loan packages.

“Our integration with Encompass Investor Connect underscores eRESI’s commitment to leveraging technology to deliver greater transparency and reliable liquidity to our partners in the Non-Agency space,” said Tim Wang, President and COO of eRESI. “By streamlining the loan delivery process, we are also enabling our partners to operate more efficiently and effectively within their existing systems.”

Encompass Investor Connect is ICE Mortgage Technology’s preferred method for lenders to deliver loans to investors. Investor Connect has been shown to reduce conditions on delivered loans, leading to faster purchases. Lenders utilizing Investor Connect save an average of $48.85 and 39 minutes per loan, with a 40% improvement in loans delivered without conditions.

eRESI’s integration with Investor Connect is a testament to its ongoing efforts to provide innovative solutions in the mortgage industry. By making Non-QM lending more accessible and efficient, eRESI continues to support its partners in navigating the complexities of the mortgage landscape.

For more information about Encompass Investor Connect, visit: https://mortgagetech.ice.com/products/encompass-investor-connect

About eRESI

eRESI’s comprehensive private capital access and technology platform empowers mortgage companies with better liquidity and more efficiency. eRESI continues to expand its Non-Agency market share through enhanced transparency, innovative processes, and best-in-class client service. The ability to provide a fully integrated suite of solutions and expansive executions to origination partners and capital markets helps support and benefit the U.S. housing market. Based in Charlotte, NC, and Pasadena, CA, eRESI has completed billions in Non-Agency transactions serving a national network of clients.

This strategic move positions eRESI as the first major Non-QM investor on the platform, enhancing the Non-Agency loan delivery process for mortgage lenders.

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