Four Clients Set To Go Live with Mortgage Cadence
Real Estate Technology News
01.16.2008
The lending technology provider announces some highlights from last year and looks on to 2008.
Enterprise lending solution provider Mortgage Cadence Inc. says four clients are set to go live with its system in the first quarter of 2008.
The Colorado-based company did not identify the clients in a statement.
Six clients went live with the company's Orchestrator enterprise lending platform during the last half of 2007, according to the statement.
"We have had a truly remarkable year, and given the current state of the market it speaks volumes to the products and services we are providing our customers," said Michael Detwiler, the company's CEO. "Having 10 clients go live on our flagship product within a nine-month time frame is an incredible accomplishment."
The company introduced reverse mortgage capabilities into its platform and launched Mortgage Cadence Orchestrator 5.0, advancing the platform's technology and user interface. Also, Mortgage Cadence Prelude, a reverse mortgage point of sale solution, was released.
The company says it has established a large footprint spanning multiple business channels - including retail, wholesale, correspondent, reverse, and FHA - to allow for growth as the mortgage market adjusts.
"We have advanced our enterprise lending solution, provided reverse mortgage capabilities, as well as enhanced our enterprise content management and imaging technology and grown our document library to provide a full scale document preparation and delivery solution to our clients," said Gabe Minton, chief strategy officer, one of several new additions to the Mortgage Cadence team in 2007.