Standard Pacific Mortgage Goes Live with Mortgage Cadence to Handle Significant Increase in Government Lending Redefines Mortgage Process to Meet Borrowers Needs

by 03 Dec 2008
DENVER, December 2, 2008 ? Mortgage Cadence, Inc., a leading provider of Enterprise Lending Solutions (ELS) for the financial services industry, announces the roll-out of Mortgage Cadence Orchestrator? with Standard Pacific Mortgage. Standard Pacific Mortgage is a wholly owned subsidiary of Standard Pacific Corp., one of the nation?s largest homebuilders. The Mortgage Cadence solution delivers lending expertise, data-driven workflow, and scalability to meet the changing needs of the marketplace while also providing a document preparation and delivery solution. ?We choose Mortgage Cadence to be our technology partner due to their robust ELS with automation capabilities and the ability at which Mortgage Cadence Orchestrator could be modified based on our specific needs,? stated Richard Ambrose, President of Standard Pacific Mortgage Inc. Mortgage Cadence is the leading provider of loan origination solutions, providing a suite of products and services that can increase productivity, serve customers, and reduce costs. The built in workflows automate lending without significant additional training. Mortgage Cadence Orchestrator also offers sophisticated data driven workflow automation (powered by the ACE? Rules Engine) including FHA specific fields, product definitions with FHA Case number, section of Act, CAVIRs number, and configurable risk based MIP calculations to streamline the origination process. "Mortgage Cadence is committed to assisting our clients in adapting to the changing market conditions within the industry," said Michael Detwiler, CEO of Mortgage Cadence. "We are pleased to provide our comprehensive enterprise lending solution with lending workflows and document preparation to one of the nation?s largest homebuilder mortgage subsidiary, Standard Pacific Mortgage." About Standard Pacific Mortgage

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