Digital mortgage leaders streamline the title and closing process
DENVER; June 11, 2020 –EXOS Technologies, a division of ServiceLink, has completed its integration with Mortgage Cadence, an Accenture (NYSE: ACN) company. Mortgage Cadence now provides clients with direct access to ServiceLink’s title and settlement capabilities through the Mortgage Cadence Collaboration Center. The two firms signed an integration agreement in 2019.
Collaboration Center is an enterprise-grade communication and collaboration tool that meets the needs of mortgage lenders, title and settlement agents, real estate professionals, and others working in the mortgage lending industry. The system automates processes, manages documents and data, enables communication and real-time updates between parties — all while providing a complete audit trail within a secure environment.
“We’re very pleased to have ServiceLink connected to our lender clients via Collaboration Center,” said Matt Lichtner, New Market Development Manager for Mortgage Cadence and team lead for the integration effort. “EXOS is a leader in digital technology for the mortgage industry and through this integration, our clients will be able to streamline the ordering process and workflows through a secure platform –ultimately saving them time and money.”
Collaboration Center is tightly integrated with Mortgage Cadence’s Loan Origination System which provides a comprehensive digital experience for loan processors, underwriters and title agency personnel. It reinvents the way lending professionals work, eliminating manual processes such as document comparison and email search, which helps to increase efficiency and profitability, without requiring massive data entry to build and deploy into production processes.
EXOS’ platform provides industry-leading benefits, including immediate title clearance, an expected clear-to-close date, and real-time pricing. EXOS’ point-of-sale decisioning capability reduces title order turn-times, enabling loan officers to confidently set expectations with consumers upfront. Title orders flow into EXOS’ streamlined closing process, which includes real-time closing scheduling. Using EXOS, consumers and loan officers can schedule closing appointments for the exact date and time of their choice from within a lender-configured range, and receive instant confirmation, including information about their signing agent. Ultimately, EXOS provides lenders with tech-enabled services that deliver a more complete customer-centric digital mortgage experience and cut days from their cycle times.
About Mortgage Cadence
Since 1999, Mortgage Cadence has been providing the best people, processes, and technology for enterprise and mid-market lenders who desire to deliver an exceptional borrower experience. From point-of-sale through post-closing, Mortgage Cadence provides an end-to-end digital lending platform solution that has 86% of their clients outperforming MBA average Cost-to-Close.
EXOS, a division of ServiceLink, is the leader in providing cloud-based digital technologies to real estate lenders and servicers. EXOS Technologies transforms consumers’ digital expectations around the mortgage experience through mobile apps, voice interaction, APIs, Predictive Analytics, and AI. EXOS products include Title, Valuations, and Closing– extending and enhancing critical consumer digital touchpoints across the mortgage lending life cycle. EXOS reduces cycle times, improves quality, and enhances a lender’s relationship with their consumer. To learn more about EXOS, please visit www.exostechnology.com.