Mortgage Cadence announced it received an investment from Monitor Clipper Partners to expand its product and service offerings on Tuesday.  The company said it will help to expand its product and service offerings through strategic acquisitions and internal initiatives.

Mortgage Cadence announced it has added John Levonick to its compliance team as Chief Legal and Compliance Officer.  Levonick brings over 10 years of Legal and Regulatory Compliance experience to the enterprise reverse mortgage lending system and the company’s client base.
"I am very excited to welcome John Levonick to the Mortgage Cadence family [...]

Mortgage Cadence announced significant enhancements to its compliance support services, specifically adding one-of-a-kind “Compliance Modeling” to the Mortgage Cadence Orchestrator platform.
This compliance approach provides reverse mortgage lenders with the expertise and compliance automation tools needed to address constantly changing state and federal rules and regulations.

Mortgage Technology editor Anthony Garritano writes that survey results found that 76% of respondents said there isn’t enough technology out there to automate reverse mortgages.  To be fair, the survey had a whole 17 people respond but it got me thinking, what are people looking for?
There are origination systems catering to larger lenders [...]

Mortgage Cadence, Inc., a leading provider of Enterprise Lending Solutions (ELS) announced record forward and reverse loan volumes in addition to the completion of infrastructure improvements to its Mortgage Cadence Finale document preparation and product line.  Mortgage Cadence Finale is averaging 11% growth per month and has increased loan volumes by over 300% since [...]

Mortgage Cadence announced the seamless integration between DataVerify’s DRIVE platform and its Mortgage Cadence Orchestrator platform.  The combined solutions provide its customers with superior tools to stay ahead of the rapidly changing market conditions  while combating fraud, streamlining verification processes and reducing potential loan losses.
“Mortgage Cadence leads the market in providing compliance and regulatory [...]

Mortgage Cadence announced that it has adapted and enhanced its technology platform to assists reverse mortgage lenders in dealing with rapidly changing market conditions.  Specifically, the new updates to its Orchestrator platform will help lenders manage new mandatory live pricing requirements for reverse mortgages recently introduced by Fannie Mae.
“With private investor purchasing and proprietary [...]