Urban Settlement Services tapped Mortgage Cadence to replace their primary analytic and document solution. The partnership will allow Urban Settlement to bulk import upwards of 50,000 loans at a time, validate data, and deliver the required loan modification documents for servicer approval and fulfillment, according to a corporate release. Urban Settlement, based in Pittsburgh, Penn., aids families at risk for foreclosure through their Home Retention work, processing more than 600,000 loan renegotiations in 2008. Mortgage Cadence provides a processing software package, Orchestrator, which automates workflow for the financial services industry. Write to Jon Prior.
Most Popular Articles
Latest Articles
HUD, USDA reach accord on energy-efficiency standard for new construction
The new initiatives aim to lower energy costs on a wide array of newly-constructed homes, according to HUD, USDA and FHA.
-
U.S. mortgage delinquency rates remain near historic lows: CoreLogic
-
HomeServices settles commission lawsuits for $250M
-
Kristen Sieffert leads the reverse mortgage presence at The Gathering
-
Industry vet launches new mortgage CE company, MLO Force
-
GAO highlights reverse mortgage counseling in new report