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 [...]

Technology is becoming increasingly important as companies seek to streamline programs and promote convenience and ease, and Reverse Fortunes is putting technological advances to use in the reverse mortgage services it offers. The company recently rolled out several new features which have been in the pipeline for some time. The most recent is “push” technology [...]

The number of adults using social media sites increased to 65% according to a new survey from the Pew Research Center’s Internet & American Life Project. It’s the first time more than 50% of all adults said they’re sites like Facebook, LinkedIn or MySpace, and a dramatic increase from the first survey in 2005, which [...]

Reverse mortgage subservicer Celink announced Sunday that it has implemented a new, single-point-of-contact module for clients’ borrowers who are in default status on their loans. When a borrower fails to pay his or her taxes and insurance, that person will be placed into default status, at which point Celink’s servicing platform, ReverServ, auto-assigns a company [...]