Associated Bank Picks Mortgage Cadence Products

Posted by Orb Staff on December 01, 2009 No Comments
Categories : Residential Mortgage

Green Bay, Wis.-based Associated Bank has gone live with Mortgage Cadence's Orchestrator, Harmony and Finale technology solutions.

The bank, which is focused on purchasing conforming, government and jumbo first-mortgage loans from correspondent lenders in the upper Midwest, will use the Mortgage Cadence products for loan origination, processing, underwriting and closing.

‘By streamlining point-of-sale processes throughout our loan officer network, Mortgage Cadence Orchestrator helps to increase our customer service levels while workflow tools speed the lending process,’ says Scott Fecteau, senior vice president and director of mortgage and consumer finance at the bank. "Couple that with Mortgage Cadence Finale's ability to dynamically create initial disclosures and closing packages and deliver them securely to the borrower and settlement agent, and we are fully realizing the benefits of these solutions."

Churck Kimball, executive vice president of consulting services at Mortgage Cadence, adds that Associated Bank will use the Harmony solution for its correspondent Web portal.

"The portal enables Associated Bank's aggregators with direct integration from their origination channel to their trading desk while leveraging advanced pricing, eligibility and underwriting technology to increase efficiencies throughout the channel," Kimball says.

SOURCE: Mortgage Cadence

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