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.
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