ICE · 10-Q · 2026Q3 · Full report

Mortgage Technology Revenue Growth

Intercontinental Exchange, Inc. · 2026-10-29 · Importance 31 · Surprise 32

Mortgage Technology revenue increased 5% for the nine months and 4% for the three months ended September 30, 2026, primarily from higher origination volumes, new client implementations, and renewal expansions. Closing solutions revenue grew 12% for the nine months and 4% for the quarter, driven by higher industry volume affecting MERS and Simplifile. Servicing software revenue increased 3% and 6%, respectively, with MSP implementations, contractual price increases, renewal expansions, and default-management activity partly offset by loan-count declines related to customer mergers and acquisitions. Data and analytics revenue rose 4% for the nine months and 6% for the quarter as customers adopted more data solutions and increased purchases.

Key facts

• Mortgage technology revenues increased 5% for the nine months and 4% for the three months ended September 30, 2026, compared with 2025. source
• Origination technology revenues increased 5% for the nine months and 1% for the three months ended September 30, 2026, compared with 2025. source
• Servicing software revenues increased 3% for the nine months and 6% for the three months ended September 30, 2026, compared with 2025. source
• Data and analytics revenues increased 4% for the nine months and 6% for the three months ended September 30, 2026, compared with 2025. source
• Higher mortgage interest rates over several years reduced consumer and investor mortgage demand and adversely affected transaction-based revenues in ICE’s Mortgage Technology segment; further rate increases or changes in mortgage lending practices may further affect segment revenues. source
• Servicing software revenue growth was partially offset by loan-count declines related to customer merger and acquisition activity. source
• Encompass origination technology revenue includes recurring SaaS subscription fees and additional transaction- or success-based pricing when lenders exceed the loans included in their monthly base subscription; Encompass network revenues are largely transaction-based. source