Flueid Announces Encompass Integration with ICE Mortgage Technology to Fuel Loan Originations with Critical Title Data and Insights

  • The integration embeds Flueid Decision into Encompass and makes key intelligence from the title process accessible at the start of the home equity and refinance loan origination processes
  • With Flueid Decision, lenders are empowered with critical data about a property and consumer at loan application to engineer the most efficient workflows and achieve the goal of a 5-day close for home equity and a 10-day close for refinance

(Graphic: Business Wire)

AUSTIN, Texas--()--Flueid, the leading technology company fueling real estate transactions from end-to-end with title data and intelligence, today announced the company’s patented Flueid Decision platform is now integrated and available through Encompass® by ICE Mortgage Technology®, part of ICE (NYSE: ICE), a global data, technology and market infrastructure company that designs, builds and operates digital networks to connect people to opportunity. The integration makes Flueid’s title data and insights available to lenders while reviewing their loan application to help save days in loan origination and processing, while simplifying the consumer experience.

Built on the latest Encompass Partner Connect™ API Platform, the Flueid Decision integration uses data to drive greater transparency and awareness on the condition of title from borrower engagement through closing. By simply ordering Flueid Decision, loan officers and loan underwriters can easily check title at loan application and review critical insights to understand what’s going on with a property and consumer. Plus, it provides a competitive advantage by helping lenders identify which transactions are cleared for an accelerated 5-day closing for home equity or 10-day closing for refinance, which are not and why.

This intelligence is provided in minutes via a simple, data-driven report within Encompass to fuel workflows. This, in turn, reduces cancelation ratios for title partners since lenders are ordering a title commitment or title report with confidence knowing which transactions are most likely to close, saving time and costs for all parties.

Key integration benefits include:

  • Shortened Cycle Times: Ask questions, verify details and gather information from consumers in one step to eliminate surprises or timeline changes stemming from items uncovered after title report or title commitment is delivered
  • Reduced Loan Fallout & Costs: Save resources equal to $1,500 by prioritizing files cleared of title issues and avoiding loan fallout later in the loan life cycle
  • Data & Decision Accuracy: Title insights are based on tried-and-true title underwriter-approved logic, best practices, industry experience and robust data sets – not to mention backed by 14 of the top 20 national underwriters
  • Integration Simplicity: Access Flueid Decision easily and securely without leaving the Encompass platform through their web portal or desktop application for a streamlined workflow and straightforward user experience

“Lenders are increasingly under pressure to close home equity loans in as little as five days; Flueid recognized that hitting this mark requires a way to easily uncover and prioritize the most seamless opportunities in the pipeline,” said Matt Regan, EVP of Transaction Management Systems at Flueid. “This is where our concept for a title check came to life within Encompass: rather than waiting until after title is ordered to understand if any issues exist, we deliver the insights from Flueid Decision to lenders while reviewing an application so they know immediately if a consumer and property are clear and can be fast tracked to closing. If not, they have a set of actionable title insights during this early stage to have conversations with their borrowers and make informed decisions.”

Once ordered in the Encompass platform, Flueid Decision helps lenders engineer the most efficient workflows by:

  • Delivering insights and an underwriter-backed title clearance decision on the property and consumer via a dynamic report
  • Summarizing key alerts across fields – such as additional properties, property liens and consumer judgments – for easy comparison against the loan application
  • Outlining Flueid ‘Pro Tips’ explaining the alert and what needs to be addressed with the borrower, curative items for title and next steps to reach closing

To further streamline the transaction, Flueid Decision offers a complementary and purpose-built product for title providers to digitize and automate title search best practices. This means when title is requested within Encompass, a Fueled by Flueid™ partner’s title commitment or title condition report – depending on the transaction type – will match the decision and insights a lender receives upfront at loan application for the most accurate and efficient process.

“Flueid’s committed to driving the greatest efficiency and effectiveness for mortgage lenders to make the loan life cycle simpler, faster and more secure – especially in the current home equity-dominated landscape,” adds Peter Richter, Co-Founder and President of Flueid. “The earlier title data and intelligence is accessible to lenders, the better for perfecting their pipelines and driving a more integrated lender-title workflow. In the future, we envision bringing this data even further forward into loan origination as an invaluable tool and data set at the point of sale to provide the greatest lift for lenders and their consumers.”

To schedule a meeting with Flueid, please click here. Encompass users can also learn more about the integration and Flueid in the Marketplace by ICE Mortgage Technology®.

For more information visit: Flueid.com.

About Flueid
Flueid brings title data and intelligence to the beginning of every real estate workflow to fuel transactions from start to finish. By revealing consumer and property insights upfront in every provider’s process, we compress transaction timelines, optimize workflows, avoid costly delays and ultimately, improve the consumer experience. A real estate transaction Fueled by Flueid™ allows lenders, title providers, servicers, platform providers, fintechs, proptechs and more to confidently integrate their workflows with a platform built on title underwriter-approved logic, rule sets, best practices, robust data sets and industry experience. That’s because we have a deep respect and commitment to the proven procedures and guidelines of the title process to help protect the consumer and their financial future. Yesterday’s technology will not solve tomorrow’s problems. For more information, please visit https://www.flueid.com/.

About ICE Mortgage Technology
ICE Mortgage Technology® is part of ICE (NYSE: ICE), a global data, technology and market infrastructure company that designs, builds and operates digital networks to connect people to opportunity. Backed by ICE’s global resources, we offer a truly differentiated digital platform that provides straight-through processing for a more comprehensive end-to-end workflow than any other provider in the market. We reach almost every mortgage in the U.S. by combining the native automation of Encompass® with the e-collaboration and e-recording capabilities of Simplifile®, along with the national electronic registry for nearly 90% of the U.S. mortgage market in MERS®. Ultimately, our technology enables people across the industry to focus on personal connections when they need it most, and support borrowers for a better journey of homeownership. Visit icemortgagetechnology.com to learn more. ICE Mortgage Technology combines technology, data and expertise to help automate the mortgage process, from consumer engagement through loan registration, and every step and task in between. ICE Mortgage Technology is the leading cloud-based loan origination platform provider for the mortgage industry, with solutions that enable lenders to originate more loans, lower origination costs, and reduce the time to close, all while ensuring high levels of compliance, quality and efficiency. Visit icemortgagetechnology.com or call (877) 355-4362 to learn more.

About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2022, as filed with the SEC on February 2, 2023.


Press Contacts
Liz Lilly, Vice President of Marketing
& Communications
(737) 703-3578


Press Contacts
Liz Lilly, Vice President of Marketing
& Communications
(737) 703-3578