Accenture Mortgage Cadence Says Loan Fulfillment Center Now TRID-Ready

Posted by Patrick Barnard on July 20, 2015 No Comments
Categories : Residential Mortgage

Accenture Mortgage Cadence reports that its loan origination platform, Loan Fulfillment Center, now has the features and capabilities mortgage lenders need in order to comply with the Consumer Financial Protection Bureau's new TILA-RESPA Integrated Disclosures (TRID) rules, currently scheduled to take effect Oct. 3, pending final approval by the CFPB.

Version 15.0 of Loan Fulfillment Center not only supports the new disclosure documents and automatically maps the data fields, it also delivers the required calculations and facilitates the timing and delivery requirements, the company says in a release.

‘Accenture's portfolio of mortgage lending solutions can help lenders with their compliance obligations under the TRID rule ahead of the effective date,’ says Paul Wetzel, senior product line lead, Accenture Mortgage Cadence. ‘Accenture Mortgage Cadence has a reputation of upgrading our technology well in advance of lender compliance deadlines, and the Loan Fulfillment Center 15.0 release is another example of our commitment. This success is a direct result of dedicated teamwork, talented staff, and customer engagement.’

Accenture recently released Enterprise Lending Center version 8.0, which also sports the features and tools lenders need to comply with TRID.

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