Tapping new integration between Mortgage Cadence's Finale document system and Ibis Software's Reverse Mortgage Originator, lenders can accelerate the lending process, get faster turnaround of custom documentation and maintain compliance, according to the companies.

Mortgage Cadence's mortgage document technology now integrates with Ibis Software's Reverse Mortgage Originator (RMO) product offering

Mortgage Cadence Finale supports multiple top-10 reverse lenders, as well as market newcomers.

Through the integration, Ibis RMO customers can access the document preparation and delivery platform to accelerate the lending process, get faster turnaround of custom documentation and maintain compliance, the companies stated.

Michael Detwiler, CEO of Mortgage Cadence, described Ibis Software as "the standard of the reverse mortgage industry."

The Finale system will provide Ibis RMO customers with full data transfer into required documents. It should also nearly eliminate the need to complete missing files manually.

Mortgage Cadence Finale has native data links within RMO, which lets lenders create and return initial disclosures and closing packages in under 10 seconds and deliver them to the borrower or settlement agent over the Web. In addition, all of the necessary calculations take place locally within Ibis RMO (the system of record), preventing disparate data on multiple platforms, according to Mortgage Cadence.