ICE Mortgage Technology’s Louis daRosa Named HousingWire Rising Star


PLEASANTON, California - (BUSINESS WIRE) - ICE Mortgage TechnologyTM, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that Louis daRosa, vice president of engineering for ICE Mortgage Technology, has joined as one of the rising stars of the housing industry from HousingWire Magazine. Presented in the June 2021 edition of the publication, daRosa is one of the 50 leading companies under 40 on the list that shape the mortgage, real estate and fintech industries.

In the eighth year, the Rising Stars 2021 were selected by the HousingWire selection committee based on their professional performance in their organizations, their contribution to the overall housing industry, their public relations, their customer impact and their personal success.

Recognized for leading a team of more than 200 engineers delivering the next generation lending platform, daRosa is now supporting the largest correspondent lender in the industry. He and his team have developed a platform that enables digitization for secondary market activities and fundamentally changes the way in which correspondence loans are carried out. The company's cloud-based solutions are based on native automation, which leads to a robust infrastructure and ecosystem that enables originators and investors to accelerate digitization. daRosa is transforming traditional retail, wholesale and correspondent bank lending by allowing lenders to adopt the level of automation they are familiar with, from settlement to underwriting.

"Louis leadership has been instrumental in driving the mortgage industry and ICE Mortgage Technology forward," said Joe Tyrrell, president of ICE Mortgage Technology. “The pandemic and the unprecedented volume our industry has seen over the past year has forced many lenders to reevaluate their technology tools and rely more than ever on digital solutions to sustain growth and scalability. Louis was a driving force behind our fully web-based Encompass® correspondent solution that we launched last year that allows lenders to grow exponentially while being completely virtual, which is why we believe he is such a rising star . "

For more information on the HousingWire Rising Stars program, see the June 2021 edition of HousingWire or visit: www.housingwire.com.

ICE Mortgage Technology combines technology, data and expertise to automate the mortgage process, from consumer retention to loan registration, to every step and task in between. ICE Mortgage Technology is the leading provider of cloud-based lending platforms for the mortgage industry, offering solutions that enable lenders to extend more loans, reduce lending costs and reduce turnaround time while maintaining high levels of compliance, quality and efficiency. Visit icemortgagetechnology.com or call (877) 355-4362 to find out more.

About the intercontinental exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that develops, builds and operates digital networks to connect people with opportunity. We offer financial technology and data services for all major asset classes, giving our clients access to business-critical workflow tools that increase transparency and operational efficiency. 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 data services and execution functions for fixed income securities provide information, analysis and platforms that help our clients seize opportunities and work more efficiently. At ICE Mortgage Technology, we're transforming and digitizing the US residential mortgage process, from consumer retention to loan registration. Together we transform, streamline and automate industries to open up opportunities for our customers.

The brands of ICE and / or its affiliates include Intercontinental Exchange, ICE, ICE Block Design, NYSE, and New York Stock Exchange. Information on other trademarks and intellectual property rights of Intercontinental Exchange, Inc. and / or its affiliates can be found here. Basic information sheets for certain products that fall under the EU regulation on packaged retail investors and insurance investment products can be found on the respective stock exchange website under the heading "Basic information sheets (KIDS)".

Safe Harbor under the Private Securities Litigation Reform Act of 1995 - Statements in this press release regarding the business of ICE that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements, see the ICE filings with the Securities and Exchange Commission (SEC), including, but not limited to, the risk factors in the ICE Annual Issue Report on Form 10-K for the year ended December 31, 2020 as filed with the SEC on February 4, 2021.

Via HousingWire

HousingWire is the most influential source of news and information for the US mortgage and real estate markets. Based on independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers every day and over 1.0 million unique visitors every month. Our audience of mortgage, real estate and fintech experts rely on us to move the markets forward. Visit www.housingwire.com or www.solutions.housingwire.com to learn more.

© 2021 ICE Mortgage Technology, Inc. All rights reserved. Encompass® and the ICE Mortgage Technology logo are trademarks of ICE Mortgage Technology, Inc. companies.

Source: Intercontinental Exchange

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https://dailytechnonewsllc.com/ice-mortgage-technologys-louis-darosa-named-housingwire-rising-star/

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