By Heather Hill Cernoch | 06/08/2011
Mortgage Cadence, LLC, a provider of enterprise lending solutions (ELS), default servicing technology, and document services for the financial services industry, will spin off its compliance, content, and document preparation division, Mortgage Cadence Finale, into a separate entity. The new standalone service provider will go by the name Finale Document Services and allows lenders and servicers to create modification and short sale packages, as well as other financial documents.
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By Heather Hill Cernoch | 04/21/2011
Mortgage Cadence recently announced that its Mortgage Cadence Reprise system can assist servicers in meeting proposed requirements to mortgage servicing procedures. Mortgage Cadence Reprise is a Web-based solution that provides servicers with automation technology, and the company says it will allow servicers to effectively respond to mortgage reform in the servicing industry while providing the customer service expected by state attorneys general and federal regulators.
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By Heather Hill Cernoch | 11/19/2010
Mortgage Cadence, LLC announced it will support Fannie Mae's Loan Quality Initiative (LQI) with the direct integration of EarlyCheck. According to the company, the integration will validate critical data prior to delivering a loan to Fannie Mae and reduce funding and pooling delays after submission. EarlyCheck was developed by the GSE to ensure that delivered loans meet standard and negotiated terms with fewer delivery stops by providing identity checks, property and occupancy checks, and eligibility verification.
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By Heather Hill Cernoch | 08/17/2010
Mortgage Cadence, a provider of enterprise lending solutions, loss mitigation technology, and document services, has announced that private equity firm Monitor Clipper Partners has invested in the company. This alliance will provide capital to expand Mortgage Cadence's product and service offerings. The company says it expects the venture to enable continued growth and service to a wide range of market participants.
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