General Qualified Mortgage Final Rule

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ICE Mortgage Technology Enhances Encompass For New QM Rule

ICE Mortgage Technology, a part of Intercontinental Exchange, Inc. (NYSE: ICE), a global provider of data, technology and market infrastructure, has released additional enhancements to the Encompass platform. The Encompass 21.2 release supports the recently updated General Qualified Mortgage (QM) final rule enabling lenders to seamlessly calculate eligibility for QM loans using the new price-based thresholds which government sponsored enterprises (GSE) will require in order to sell loans to the secondary market.

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