First Federal Bank of Florida Chooses Orchestrator from Mortgage Cadence

March 21, 2013 – Mortgage Cadence LLC, a leading provider of Enterprise Lending Solutions (ELS), Document Services, and Compliance for the financial services industry, announced today that First Federal Bank of Florida with corporate offices in Lake City and residential lending operations headquartered in Jacksonville, will be using its Orchestrator platform to support its retail, wholesale and correspondent mortgage program. Orchestrator is one of two comprehensive Enterprise Lending Systems offered by Mortgage Cadence and is known for both the enhanced experience it offers borrowers as well as the efficiencies it offers mortgage lenders.

“First Federal Bank of Florida chose Mortgage Cadence as its partner because it is the only solutions provider with a truly comprehensive solution, including an enterprise lending system with a brand new consumer POS, documents and imaging,” said David Butler, Systems Manager, First Federal Bank of Florida. Mortgage Cadence’s Orchestrator platform works seamlessly with all of the company’s solutions including Prelude, the latest in POS technologies, Finale Document Services, the industry’s only data- and rules-driven document offering and Opus, the only document management solution that wraps workflow and imaging into one platform.

First Federal Bank of Florida’s nationwide lending program is expanding rapidly through its Florida and Wisconsin operations. “Mortgage Cadence’s ACE Rules Engine is one of their solutions’ greatest features. No other system offers such expansive configuration flexibility and automation ability. With it we can establish workflow and rules specific to our business channels so that each of our originators, brokers and correspondents has exactly the tools they need to create quality loans quickly while providing borrowers the best in service. It also allows us to lock down business policies which greatly improves compliance,” concluded Butler.

“We are pleased to welcome First Federal Bank of Florida to the Mortgage Cadence and Orchestrator family,” said CEO of Mortgage Cadence Michael Detwiler. “Orchestrator, Prelude, Finale and Opus combine to create a truly powerful solution, one that delivers the best in financing experiences, the most efficient in processes and the most stringent in compliance,” he stated.