Intercontinental Exchange Announces Wells Fargo Renews Its Agreement To Use MSP, ICE’s Mortgage Loan Servicing System

Intercontinental Exchange, Inc. (NYSE: ICE) announced that Wells Fargo (NYSE: WFC) has renewed its long-term agreement to utilize ICE’s Mortgage Servicing Platform (MSP). This renewal will see Wells Fargo transition its entire home loan servicing portfolio to MSP, enhancing a partnership that has lasted over 35 years. Additionally, Wells Fargo will use ICE Business Intelligence for automating default servicing workflows and has started electronically registering mortgage loans on the MERS eRegistry.