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.
Jon Prior was a reporter with HousingWire through late 2012.see full bio
Most Popular Articles
Latest Articles
HousingWire Mortgage Rankings have arrived, bringing data-driven benchmark to originator performance
HousingWire on Tuesday announced the launch of the HousingWire Mortgage Rankings, a new performance intelligence product designed to provide a clear, data-driven view of mortgage origination activity across the U.S. The rankings benchmark mortgage originators based on observed production, offering a standardized view of performance across geographies, loan types and channels. Historically, the mortgage industry has lacked […]
Jon Prior was a reporter with HousingWire through late 2012.see full bio