NYSE:ICECapital Markets
ICE MERS eRegistry Milestone Deepens Role In Mortgage Digitization
Intercontinental Exchange (NYSE:ICE) reports that its MERS eRegistry has surpassed 3,000,000 eNotes.
The milestone reflects expanding use of electronic mortgage promissory notes across a wide range of lenders.
This threshold highlights growing adoption of ICE's digital infrastructure in the US mortgage market.
For you as an investor, this milestone sits at the core of what NYSE:ICE does in financial plumbing, beyond its better known exchange and data businesses. The MERS eRegistry is a key...