ICE PPE vs PMI Rate Pro
Pricing & Eligibility head-to-head · axis by axis, same rubric for both
ICE Mortgage Technology (Intercontinental Exchange, Inc.)
LoanPASS
| Axis | ICE PPE | PMI Rate Pro |
|---|---|---|
| Production impact | 3.3 | 2.3 |
| Functionality & depth | 3.1 | 1.9 |
| Integrations & ecosystem | 3.6 | 2.6 |
| Adoption & support | 3.3 | 2.8 |
| Return on spend | 3.3 | 2.6 |
| Overall | 3.3 | 2.3 |
ICE PPE wins 5 of 5 axes. Same rubric, same weights, no sponsorships.
What the rubric says
ICE PPE and PMI Rate Pro are both scored in Pricing & Eligibility. ICE PPE carries an overall of 3.3, PMI Rate Pro an overall of 2.3. The widest gap between them is Functionality and depth, at 1.2 of a point. That axis measures whether it handles the messy loans and not just the clean file. ICE PPE takes it, 3.1 to 1.9.
Where the five axes separate
On Functionality and depth the record favours ICE PPE, 3.1 against 1.9. On Production impact the record favours ICE PPE, 3.3 against 2.3. On Integrations and ecosystem the record favours ICE PPE, 3.6 against 2.6. On Return on spend the record favours ICE PPE, 3.3 against 2.6. On Adoption and support the record favours ICE PPE, 3.3 against 2.8.
Pricing posture
ICE PPE does not publish pricing. Its listed model is quote only. PMI Rate Pro does not publish pricing. Its listed model is quote only.
Deployment and who each one targets
Deployment for ICE PPE: Cloud, embedded in Encompass. Deployment for PMI Rate Pro: Cloud, JSON API or standalone browser platform. Segment focus for ICE PPE: Encompass lenders that want pricing inside the LOS rather than a separate engine. Segment focus for PMI Rate Pro: Lenders and mortgage technology vendors that need live MI quotes from all six national. The two entries name different buyers.
What each record credits
ICE PPE: Quote and loan file share one record inside Encompass, with no rekeying. ICE PPE: Same vendor as the LOS, shortening procurement and security review. ICE PPE: Sits beside Encompass Consumer Connect, Velocify and the rest of the line. PMI Rate Pro: Quotes all six national private mortgage insurers through one interface. PMI Rate Pro: Two delivery paths: JSON API, or a standalone web tool needing no integration. PMI Rate Pro: Sold to technology providers as well as lenders, so it embeds behind other products.
What each record holds against them
ICE PPE: No public product page exists, and no investor coverage detail either. ICE PPE: Value requires Encompass; nothing evidences use with a competing LOS. ICE PPE: No published pricing, and packaging against the Encompass contract is unclear. PMI Rate Pro: Mortgage insurance quoting only, with no product and pricing function. PMI Rate Pro: No published pricing for either the API or the standalone platform. PMI Rate Pro: No longer an independent purchase; it arrives through the LoanPASS relationship.
Which one fits which shop
Best fit for ICE PPE: An Encompass shop that values one vendor and one data model over a best-of-breed engine. Best fit for PMI Rate Pro: A team still quoting mortgage insurance by hand across six carriers.
What each entry concludes
ICE PPE: ICE PPE is the pricing engine inside Encompass, descended from the Encompass Product and Pricing Service. ICE PPE: ICE describes it as quick rate sheet access with loan data kept accurate as scenarios change, without leaving. PMI Rate Pro: PMI Rate Pro now belongs to LoanPASS, which lists it as an acquisition and sells it. PMI Rate Pro: It returns live quotes from all six national MI companies through a JSON API or a standalone.
The short answer
ICE PPE finishes ahead on the published rubric, 3.3 to 2.3. The margin comes mostly from Functionality and depth. Same rubric, same weights, no sponsorships.
Both tools are scored on the same weighted rubric, production impact carries the most weight. Comparisons are never sponsored. Disclosure →