Vantage Point Title Integrates With the Mortgage Cadence Collaboration Center to Streamline and Improve the Closing Proce...
September 05 2019 - 9:59AM
Business Wire
Mortgage Cadence’s Collaboration Center
provides secure document and data exchange while unifying the
closing process for the real estate finance industry
Vantage Point Title (Vantage Point) has
integrated the Collaboration Center solution from Mortgage Cadence,
an Accenture (NYSE: ACN) company, to automate the exchange of
information throughout the real-estate closing process for all
Mortgage Cadence clients.
The Mortgage Cadence Collaboration Center helps to solve two
critical issues within the closing process: the pervasive
disconnect between lenders and title/settlement companies, and an
industry-wide need for increased automation.
Connecting all parties in the transaction — mortgage lenders,
title and settlement agents, real estate professionals and others —
the platform automates processes, facilitates the exchange of
documents and data, and provides real-time messaging, all within a
secure environment that all parties can trust. And by reducing the
number of touch points required for each loan, the platform helps
to shorten the time-to-close and drive down the cost-to-close —
which has become increasingly important for lenders, borrowers and
third-party providers.
It also functions within Vantage Point’s native title production
system via API integration, eliminating the need for Vantage Point
to go off platform.
“Collaboration Center is a competitive differentiator for us and
for Mortgage Cadence clients,” said Robert Jackson, CEO at Vantage
Point. “By putting all the necessary information in a title
transaction in one place and automatically identifying version
changes, it greatly reduces the amount of manual work required from
our team, increases document accuracy, and helps us get the
borrower to the closing table more quickly.”
Bryan Ireton, managing director for Mortgage Cadence, Accenture,
said, “The industry has long needed a solution that securely
connects, automates and simplifies the closing process. We’re
pleased that Vantage Point recognized this need and chose to invest
in our comprehensive solution.”
About Vantage Point Title
Vantage Point Title is a national title, escrow and default
services provider with customer service being our driving force. To
ensure that our customers’ needs are met and surpassed, we use
cutting-edge technology, consistency in process, price and a
unique, centralized services approach. We are not just your title
partner, we are your business partner.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20190905005147/en/
Pamela Herrmann Mortgage Cadence +1 720 480 7655
pamela.a.herrmann@mortgagecadence.com
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