Mortgage Cadence Launches New Version of Its Enterprise Lending Center, with Extensibility, Compliance & Integration Enhancem...
March 21 2017 - 7:57AM
Business Wire
Mortgage Cadence, an Accenture (NYSE:ACN) company, announces it
will launch a new version of its Enterprise Lending Center (ELC)
platform, with major enhancements designed to offer lenders greater
extensibility, enhanced service ordering, additional regulatory
support, and the framework for the third-generation Borrower
Center.
Paul Wetzel, Mortgage Cadence’s executive vice president of
Product Management, said, “The latest ELC features go beyond
compliance-related and general system updates, bringing to the
table key enhancements that position our clients for continued
success while giving us the framework on which to stay ahead of
trends as the pace of technology evolution accelerates.”
Specific enhancements to the ELC Platform include:
- Brand-New API Functionality. The latest
version of the ELC includes a new application program interface
(API) layer designed with scalability and data integrity in mind,
which maximizes configuration and enables extensibility through the
software development kit (SDK). As a result, SDK users will have
the ability to seamlessly integrate ELC functionality across their
operations, from consumer mobile apps through servicing and
secondary management, all while using the latest in design
standards.
- Third-Party Integrations. Mortgage
Cadence continually expands its ELC interface list to include
access to best-of-breed third-party service providers, giving
lenders ever-increasing flexibility to choose their preferred
providers. Most recently, the company integrated MGIC as an
additional mortgage insurance provider option to its ELC
platform.
- HMDA and UCD Compliance. Mortgage
Cadence’s commitment to help clients stay compliant with the latest
regulations continues with this latest release of ELC, which lays
the framework for client HMDA requirements, including all new data
points across all origination channels. The release also includes
the new data points for collection of government monitoring
information; provides the ability to collect via a URLA addendum;
and adds the data points necessary to generate the UCD File.
- Borrower Center for ELC Framework. Next
week, Mortgage Cadence will debut the third generation of its
Borrower Center, building on the company’s proprietary technology
that elevated the online mortgage lending experience more than 15
years ago. This release will expand ELC’s borrower self-service
capabilities, providing borrowers with a superior experience and
lenders with a more-efficient, cost-effective process.
“This latest ELC release reinforces the highly regarded
technical team we have put in place, showcasing our commitment to
providing our clients with forward-looking functionality,” said
Damir Matic, Mortgage Cadence’s executive vice president of
Technology Architecture and Engineering. “Since joining Accenture
nearly three years ago, Mortgage Cadence has more than doubled in
size by focusing on hiring the industry’s best talent.”
About Mortgage Cadence
Mortgage Cadence has been working with lenders since 1999,
offering a one-stop shop mortgage technology solution designed for
point-of-sale through post-closing. In a time when efficiency,
speed and the customer experience are paramount to the success of
lenders, Mortgage Cadence offers reliable software and dedicated
people, supporting lenders every step of the way. Visit
www.mortgagecadence.com for more information.
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Mortgage Cadence, an Accenture CompanySarah Volling, +1
303-906-4136sarah.a.volling@mortgagecadence.com
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