Mortgage originators will soon gain access to Mortgage Cadence software through the launch of a new mobile application. For use with smart phones and tablets, the web-based app, Orchestrator Mobile, will allow originators to view their leads, pipeline, statuses, and tasks, lock loans, and offer tools like financial calculators all via Internet-enabled phone or tablet. The [...]

In an effort to cater to the Spanish-speaking borrower demographic, reverse mortgage originators are now able to access Spanish language loan documents through a new service offered by Mortgage Cadence. Finale Document Services now includes reverse mortgage document packages in Spanish in addition to English, to align with the needs of a growing Spanish-speaking borrower [...]

One reverse mortgage appraisal management system is making way to “the cloud,” via a Salesforce.com-based (NYSE:CRM) platform officially rolled out this week. The new system, “Cloud Control,” was launched by Rockville, Maryland-based Coester Appraisal Group and will be available free of charge to Coester customers and non-customers. It allows users to customize management of the appraisal [...]

Generation Mortgage has announced that it’s moving away from its proprietary lending system to the use of Mortgage Cadence’s enterprise lending platform, Orchestrator, Finale Document Services, and the Mortgage Cadence Opus imaging solution. “Making the transition from our own technology to working with Mortgage Cadence will allow us to focus on our business processes and [...]

Reverse mortgage software developer Mortgage Cadence, LLC has made moves to keep up with industry changes by adding advanced rules-based configuration to its underwriting system. The advanced rules engine is equipped to “easily manage NRMLA guidelines, lender guidelines and any future HUD guidelines by offering lenders a dashboard to continually modify programs as changes are [...]

Following the announcement this week by the National Reverse Mortgage Lenders Association that the industry has developed guidance on limited underwriting for lenders to use in an effort to prevent reverse mortgage tax and insurance defaults, one software provider has adapted its platform to help implement the changes. The limited underwriting is based in part [...]