Mortgage Cadence, Inc., a leading provider of enterprise lending solutions (ELS) for the financial services industry, announces the addition of John Stewart as vice president of enterprise sales. With nearly 20 years of sales and sales management experience in the mortgage information services industry, Stewart's appointment is essential as Mortgage Cadence continues its saturation into the mortgage banking industry and the continuous evolution of its progressive lending technology platform. Mortgage Cadence's enterprise lending solution, the Mortgage Cadence Orchestrator™ application, serves multiple lending channels such as wholesale, retail, correspondent and consumer direct, with a target market including mortgage banks, brokers and investors.

Stewart joins Mortgage Cadence from Richmond, Va.-based LandAmerica Financial Group, Inc. Serving as the senior vice president of sales for LandAmerica Financial Group's (NYSE: LFG) Lender Services Division, he managed new sales growth of credit, flood, AVM's, title and closing services for mortgage lenders nationally. During his tenure at LandAmerica, Stewart integrated the sales team, technology and client base of four credit reporting agencies acquisitions while managing 30-plus sales executives and support personnel.

In his new role as vice president of enterprise sales for Mortgage Cadence, Stewart is responsible for managing all aspects of the consultative sales process from the initial identification of leads through the signing of contracts for the purchase of the Mortgage Cadence Orchestrator lending platform. John Stewart, 'Stew', is a big win for our organization," stated Lisa Springer, executive vice president of sales for Mortgage Cadence. "He has a tremendous amount of industry knowledge and shares the same mantra as Mortgage Cadence — establish and maintain long term partner relationships with our customers. John has proven his ability to accomplish this throughout his career and I'm confident he will prove to be a great asset to our organization.

Prior to LandAmerica, Stewart held the position of national and regional sales manager for Norcross, Ga.-based INFO1 Holding Company. While employed at INFO1, Stewart was responsible for three acquisition integrations, development of many of the national B2B (technology initiatives) and wholesale lender trading-partner programs all of which accelerated growth for INFO1 to become one of the nations largest and most respected consumer reporting agency. Stewart also supervised, staffed and implemented national tradeshows, conventions, and public relation activities. He instituted standard sales process, reporting, measurements, compensation, and training programs through out the sales organization resulting in a strong, consistent and sustained growth. Stewart participated in the merger and acquisition process that ultimately resulted in the sale of the company in August 2003 to LandAmerica Financial Group.

"We are continually augmenting our talent pool by bringing the top mortgage professionals to Mortgage Cadence," said Michael Detwiler, CEO of Mortgage Cadence. "The addition of John Stewart to the Mortgage Cadence family is another step toward our goal of providing our clients, prospects and partners with thought leadership, market knowledge and the best level of service in the industry."


About Mortgage Cadence
Mortgage Cadence supplies lending platforms that enable companies to focus on profitability and superior service. Comprised of comprehensive end-to-end LOS functionality at its core, a business rule management system (BRMS), workflow engine, product and pricing functionality, imaging/electronic document management and document preparation services, the system gives companies the flexibility to readily adapt to industry changes and easily capitalize on new business opportunities. Built on an ever-evolving, SOA-based architecture, consisting of functionality to innovate the mortgage process, and an eye toward the eventual realization of e-Mortgages, Mortgage Cadence provides the last lending platform a company will ever need. To learn more, please visit us on the Web at http://www.mortgagecadence.com.