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REGISTER NOW ICE Mortgage Technology reported better than expected second quarter results due to new customer growth and increased adoption of digital workflow tools, executives of parent company Intercontinental Exchange said on a conference call. Mortgage technology revenues grew 17% year-over-year, second quarter transaction revenues increased by 8%, while recurring revenues were up 36%, and at $136 million exceeded the high end of our guidance, said Warren Gardiner, Intercontinental Exchange s chief financial officer In the first quarter, recurring revenue was $125 million, while for the second quarter last year, it was $100 million on a pro forma basis. On a GAAP basis, ICE Mortgage Technology s second quarter operating income was $95 million, compared with $106 million in the first quarter and $31 million in the second quarter of 2020.

Benjamin jacksonWarren gardinerJeffrey sprecherEllie maeMortgage technologyMortgage exchangeIntercontinental exchangeIce mortgage technologyIntercontinental exchange president benjaminRate feedIntercontinental exchange chairmanபெஞ்சமின் ஜாக்சன்வாரன் தோட்டக்காரர்அடமானம் தொழில்நுட்பம்அடமானம் பரிமாற்றம்கண்டம் பரிமாற்றம்