Travis Credit Union Renews Contract for Mortgage Cadence’s Loan Fulfillment Center
October 03 2019 - 9:59AM
Business Wire
Travis Credit Union has renewed its contract with
Mortgage Cadence, an Accenture (NYSE: ACN) company, through 2021.
The credit union uses Mortgage Cadence’s Loan Fulfillment Center to
manage all parts of the loan-origination process.
Travis Credit Union started using Mortgage Cadence’s lending
solutions in 2004. Today, the credit union uses the full Mortgage
Cadence product suite, including Borrower Center and documents and
imaging functionality, to provide its members with a streamlined
digital experience.
“We renewed our commitment to Mortgage Cadence as a result of
the transparent support and comprehensive platform they provide,”
said Tanya Robinson, associate vice president of real estate
lending at Travis Credit Union. “Their ability to continually
deliver best-in-class service made the decision to continue our
relationship with them an easy one.”
The Mortgage Cadence product suite has provided Travis Credit
Union with technology that complements its people and process, as
the institution continues to be a high performer in the industry.
The credit union closes loans in 32.5 days, on average, making it
the top Velocity performer in the Mortgage Cadence Benchmarking
Study. Travis Credit Union’s Pull-Through measure is also one of
the highest in the study, with the credit union closing, on
average, 80% of loan applications taken, driving strong profit
margins.
“Travis Credit Union’s commitment and dedication to providing
borrowers the best experience in the industry is exactly why we
created our loan origination solution — to support our clients’
goals,” said Bryan Ireton, managing director of Mortgage Cadence,
Accenture. “Travis Credit Union has seen amazing growth over the
past 15 years, and we are pleased to extend our relationship and
support their continued success.”
About Mortgage Cadence
Since 1999, Mortgage Cadence has been providing the best people,
process, 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 offers
reliable software and dedicated people, supporting lenders every
step of the way.
About Travis Credit Union
Headquartered in Vacaville, California, Travis Credit Union is a
not-for-profit cooperative financial institution serving those who
live or work in Alameda, Colusa, Contra Costa, Merced Napa, Placer,
Sacramento, San Joaquin, Solano, Sonoma, Stanislaus, and Yolo
Counties. Currently, it is the 14th largest credit union in
California with more than 203,000 members and more than $3 billion
in assets. As one of the leading financial institutions in Solano,
Contra Costa, Napa, Yolo, and Merced Counties, Travis Credit
Union’s strength lies in its faithful commitment to its members and
the community, its solid, secure history, and its long-standing
track record of dedicated service. For more information call Travis
Credit Union 1-800-877-8328.
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version on businesswire.com: https://www.businesswire.com/news/home/20191003005030/en/
Pamela Herrmann Mortgage Cadence +1 720.480.7655
pamela.a.herrmann@mortgagecadence.com
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