Mortgage Cadence®, a leading end-to-end mortgage lending platform provider, announces the release of its Document Imaging Module. The product is now available to Mortgage Cadence clients as an add-on module and enables Mortgage Cadence clients to manage document images and data that are pertinent in their everyday business operations in a more efficient and effective manner, thereby saving them time and money.

"Mortgage loan companies are inundated with paper documents leading to inefficient business practices, including lost and misplaced documents, cluttered offices, the need for off-site storage, poor data security and compliance issues," stated Michael Detwiler, chief executive officer of Mortgage Cadence. "The Mortgage Cadence Document Imaging Module solves these business issues with a high-performance, user-friendly document management solution that helps organizations save money, run intelligently and meet regulatory requirements. In addition, our imaging solution is extendible to other departments within a company; servicing, accounting, and so forth."

Mortgage Cadence views the development of the Document Imaging Module as a necessary step toward e-Mortgages, while also responding to the increased demand for this type of functionality throughout the industry. The integration of imaging allows the user to acclimate themselves to the utilization of electronic media and wean themselves from reliance on paper documents. The implementation of Document Imaging also allows Mortgage Cadence to extend its ACE™ business rules management engine enabling users to take further advantage of this technology by automating much of the process. ACE Actions can be created to automatically insert and track documents, add tasks to review documents, update loan status, and notify users of new documents when they arrive.

During the Mortgage Cadence Users Conference in April, Mortgage Cadence clients expressed an immediate need for imaging capabilities as they saw this as the most important industry trend impacting their business and technology needs.

According to Mortgage Cadence's Vice President of Product Management John Woody, Over the last eight months, Mortgage Cadence has received the largest number of requests from our clients and prospects regarding the creation of an integrated imaging solution. In addition to the feedback we received from the Users Conference in April, numerous clients have contacted Mortgage Cadence asking for help in finding a solution to their current document management needs. We feel that our new Document Imaging Module is an incredible value because it solves both of these issues and not only manages documents electronically, but allows users to index the items by barcodes, to capture documents from remote or centralized locations, to store the documents in a secured manner, to retrieve documents instantly, and to distribute the items automatically.


About Mortgage Cadence
Mortgage Cadence supplies mortgage lending platforms that enable companies to focus on profitability and superior service. Comprised of comprehensive end-to-end loan origination software at its core, a business rule management system (BRMS), workflow engine, product and pricing functionality, automated underwriting, 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.