Mission Federal Credit Union Extends Contract for Mortgage Cadence’s Loan Origination Platform
September 12 2019 - 10:35AM
Business Wire
Credit union also adds Mortgage Cadence’s new
Borrower Center to its product suite to create a seamless borrower
experience
Mortgage Cadence, an Accenture (NYSE: ACN) company, today
announced that Mission Federal Credit Union (Mission Fed) has
extended its contract for the Mortgage Cadence loan-origination
platform for an additional six years, through 2025.
Mission Fed, based in San Diego, has been a Mortgage Cadence
client for 16 years, using the Mortgage Cadence platform, complete
with document, imaging and servicing functionality. As a part of
the contract renewal, the credit union added the latest version of
Mortgage Cadence’s Borrower Center to its product suite, the first
credit union to do so. The new Borrower Center provides borrower
mobility across all devices and enhanced branding capabilities for
the lender.
“We continue to benefit from Mortgage Cadence’s robust
technology and collaboration,” said Vince Nowicki, First Vice
President Real Estate at Mission Fed. “They continue to prove that
ongoing, sustained evolution is possible, and essential, in this
constantly changing market.”
In addition to upgrading the borrower experience from
application to close, the Mortgage Cadence Borrower Center also
creates efficiencies for the Mission Fed lending team. Borrower
Center is a native component of the Mortgage Cadence Platform,
giving lenders one system of record throughout the origination
process — eliminating the need to rekey data and ultimately
increasing data integrity and reducing risk.
“Our product development efforts are driven by client feedback,
so when the product is released, we know it will benefit our
lenders’ businesses,” said Bryan Ireton, managing director of
Mortgage Cadence, Accenture. “Our new Borrower Center is no
exception and clearly demonstrates the progress we’re making on the
Mortgage Cadence Platform. We’re pleased to see Mission Fed
realizing continued growth and success as a result.”
About Mortgage Cadence
Since 1999, Mortgage Cadence, champions of the lending process,
have 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. Visit
www.mortgagecadence.com for more information.
About Mission Federal Credit Union
Mission Fed Credit Union is San Diego’s largest member-owned,
not-for-profit, full-service financial institution exclusively
serving San Diego County. Mission Fed has over $3.7 billion in
assets, over 248,000 customers, 32 convenient branches, and 30,000
CO-OP ATMs nationwide.
Mission Fed enhances the lives of its customers through
financial education and financial services such as Checking,
Savings, Loans, Credit Cards and Insurance. In addition, Mission
Fed puts money back into the communities of San Diego and helps
hundreds of non-profits. Banking at Mission Fed means doing good
for San Diego. Federally insured by NCUA and Equal Housing Lender.
To learn more, visit www.MissionFed.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190912005628/en/
Pamela Herrmann Mortgage Cadence +1 720.480.7655
pamela.a.herrmann@mortgagecadence.com
Accenture (NYSE:ACN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Accenture (NYSE:ACN)
Historical Stock Chart
From Apr 2023 to Apr 2024