Mortgage technology operating expenses were $512 million in Q2, with operating income at $45 million and an operating margin of 8%. Most of the company’s revenues came from servicing software ($226 million) in the quarter, followed by origination technology ($197 million), data and analytics ($69 million), and closing solutions ($65 million). He added that ICE has also “hired an external auditor to go through and look at how we use AI.” During the second quarter, consolidated net income attributable to ICE was $958 million, up from $865 million during the same period last year. “ICE was built on the conviction that opacity and inefficiency in markets are not permanent conditions,” he said.