Financial technology company Plaid announced Tuesday that it has integrated its Home Lending Report into the Encompass loan origination system from ICE Mortgage Technology — a move Plaid says will streamline digital asset verification for mortgage lenders.

The integration embeds Plaid’s verification tool directly into Encompass, allowing loan officers and underwriters to access borrower asset data within the system lenders already use to originate mortgages.

Mortgage origination costs have risen roughly 35% over the past three years while loan volumes remain pressured, pushing lenders to seek ways to improve operational efficiency, the company said. Plaid said many lenders still details ⇒

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