Through the collaboration, ICE will empower its customers to quickly access LodeStar services and data via APIs exposed by ICE. Lenders will be able to generate cost estimates and documents required by the TILA-RESPA Integrated Disclosure Rule (TRID) such as the LE, from pre-application to the final Closing Disclosure (CD), nearly instantaneously and with guaranteed accuracy.
“The ICE-LodeStar partnership continues to grow, paving the way for an even faster, smoother and more customer friendly mortgage loan process,” said LodeStar CEO and Co-Founder Jim Paolino, in a statement. “APIs are the future of automated mortgage workflow for lenders, and we’re already seeing the most tech-savvy using them to amplify the benefits of their own, proprietary workflow technologies as well.”