Better Business Practices Achieved by Discarding Homegrown Technologies

DENVER, Jan 10, 2012 (BUSINESS WIRE) –
Mortgage Cadence, LLC, a leading provider of Enterprise Lending
Solutions (ELS), Default Servicing Technology and Document Services for
the financial services industry, has been selected by Generation
Mortgage Company to replace its homegrown lending system with Mortgage
Cadence’s enterprise lending platform, Orchestrator(R), Finale
Document Services and the Mortgage Cadence Opus imaging solution. This
completely configurable end-to-end product suite will support their need
for greater efficiency and scalability in multiple business channels
under the umbrella of a single solution.

Generation Mortgage, the highest-ranked privately owned reverse mortgage
lender in the nation, looked to Mortgage Cadence for a complete and
comprehensive system integration. Upgrading from an in-house lending
system to a fully scalable platform provided unlimited configuration
capabilities in one centralized location and facilitated the competitive
advantages sought by Generation Mortgage. “Making the transition from
our own technology to working with Mortgage Cadence will allow us to
focus on our business processes and strategies,” commented Chief
Operating Officer from Generation Mortgage Mark Sohl. “The ability to
leverage Mortgage Cadence will enable us to focus our time and energy on
continuing to provide the superior customer service in which we pride
ourselves.”

Sustaining a competitive presence in a lending environment with
increased Federal and State requirements is a large feat for lenders
attempting to be their own product development company on top of being a
mortgage company. “When Generation Mortgage came to us, it was apparent
that we could provide a system that exceeds their needs,” stated Michael
Detwiler, chief executive officer for Mortgage Cadence. “Once we were
able to demonstrate our unmatched technology and the true power behind
it, Generation Mortgage had no doubt Mortgage Cadence was the right
solution for them.” Mortgage Cadence affords lenders like Generation
Mortgage with an enterprise-wide solution designed to help streamline
processes and re-focus their attention on growing their business and
increasing their overall profitability.

About Generation Mortgage

Generation Mortgage is the highest-ranked privately owned reverse
mortgage lender in the nation providing competitive reverse mortgage
products that reflect the rapidly changing economy. Founded by a
national team of professionals with extensive expertise in all areas of
the reverse mortgage industry, Generation Mortgage has helped thousands
of homeowners remain in their homes through their retirement years. A
dedicated focus on reverse mortgages is driven by the embedded mission
of delivering exceptional service that their customers expect and
deserve. Learn more at
http://www.generationmortgage.com .

About Mortgage Cadence, LLC

Mortgage Cadence is the leading provider of Enterprise Lending Solutions
(“ELS”), which employ an extensive financial services data model wrapped
with a native rules engine to deliver data-driven workflow automation
tools to mortgage banks, lenders, service providers and servicers.
Mortgage Cadence has developed enterprise solutions that integrate all
functions and data elements required to optimize, manage and score
lending performance. The mortgage industry is always shifting to meet
demands and minimize risks. Mortgage Cadence’s flexible solutions
continue to evolve to meet those needs. To learn more, please visit
http://www.mortgagecadence.com .

SOURCE: Mortgage Cadence, LLC

Mortgage Cadence, LLC
Trevor Gauthier, 303-991-8337
EVP, Sales and Marketing

Copyright Business Wire 2012