"December 2024" Archives

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Why ICE’s move away from SDKs in 2025 is a win for the mortgage industry

The new year will hold special significance for the many users of ICE Mortgage Technology’s  iconic Encompass loan origination system (LOS): The company will begin sunsetting its long-standing software development kit (SDK) in 2025, prodding the majority of the mortgage industry to transition to the more efficient and accurate Encompass Partner Connect (EPC) ecosystem that…

Fix-and-flip profits fell in Q3 2024. Are investors leaving the market?

Fix-and-flip investors took a hit in the third quarter of 2024 as flipped properties accounted for a smaller share of U.S. home sales compared to the previous quarter. Short-term real estate investors saw a 28.7% return on investment (ROI), down from 31.2% in Q2 2024, according to an Attom report released this week. The Q3…