Virtual Programs

Using Custom Program Management

Virtual programs enable you to reference an existing Investor program and create a replica program offering both your virtual program and the Investor’s program.

• Virtual programs are created in your environment.
• Virtual programs are historically versioned in the same manner as the underlying investor programs.
• Virtual programs refer to existing investor programs.
• ICE Mortgage Technology continues to maintain all eligibility criteria and pricing adjustments for all programs.
• You do not have to maintain eligibility criteria or pricing adjustments in ICE PPE when an investor updates its eligibility criteria or pricing adjustments.
• You can choose programs from those investors with which you have a previously existing relationship.
• You can use your own custom pricing or the investor’s pricing, which can be adjusted using the Rule Manager.
• If you use your own base pricing, ICE PPE Technical Operations (TechOps) must set it up within ICE PPE.

Refer to the Using the Rule Manager guide for information on adjusting pricing.

You can create virtual programs and insert those versions between existing virtual programs. The Rule Manager has definitive effective and expiration dates. We highly recommend you carefully coordinate effective and expiration dates when creating virtual programs and rules in the Rule Manager.