Security Service Federal Credit Union Renews Contract With Mortgage Cadence For Loan Origination Solution
21 Noviembre 2019 - 12:15PM
Business Wire
Largest credit union in Texas uses dynamic
suite of products to provide an enhanced user experience
Security Service Federal Credit Union (Security Service) has
renewed its contract with Mortgage Cadence, an Accenture (NYSE:
ACN) company, to continue to use its flagship loan-origination
solution.
One of the top 10 credit unions in the United States, Security
Service began using Mortgage Cadence origination technologies in
2007. Under the contract renewal, the credit union will continue
using the Mortgage Cadence software, including Enterprise Lending
Center, Borrower Center and document functionality, through at
least 2024.
“Ensuring that our members, realtors and builders have the best
experience possible is always our goal,” said Charles Goss,
Security Service Federal Credit Union’s executive vice president
and chief lending officer. “The Mortgage Cadence software provides
us with advanced capabilities in a robust platform to ensure a
smooth process from the time of application to the time of
funding.”
With more than 183 NLMS-registered mortgage loan originators
across Texas, Colorado and Utah, Security Service taps into the
power of Borrower Center to equip each branch with the tools to
take applications anywhere and at any time. The streamlined
technology helps employees increase production, resulting in the
credit union’s Productivity measure coming in 40% higher than the
Mortgage Cadence client average, according to the 2019 Lending
Performance Benchmarking Study. Security Service’s Cost-to-Close is
also 55% lower than the client average and 72% below the Mortgage
Bankers Association average, making the credit union a top
performer in the industry.
Bryan Ireton, CEO and managing director of Mortgage Cadence,
Accenture, said, “Enterprise Lending Center’s dynamic and
innovative platform gives larger lenders like Security Service a
comprehensive and agile loan origination system that can be
personalized depending on their needs, enabling them to lend
confidently in today’s diverse, competitive and rapidly changing
market.”
About Mortgage Cadence
Since 1999, Mortgage Cadence has been providing the best people,
process, and technology for enterprise and mid-market lenders who
desire to deliver an exceptional borrower experience. From
point-of-sale through post-closing, Mortgage Cadence offers
reliable software and dedicated people, supporting lenders every
step of the way.
About Security Service Federal Credit Union
Security Service Federal Credit Union offers competitive,
affordable financial products and services designed to meet the
needs of its members. Security Service is an industry-leading
financial institution with locations in Texas, Colorado and Utah.
The credit union is among the top credit unions in the nation.
Security Service strives to be America’s best credit union by
enriching the lives of its members with beneficial financial
solutions and a lifetime of service excellence. Learn more at
www.ssfcu.org or call 1-800-52-SSFCU.
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version on businesswire.com: https://www.businesswire.com/news/home/20191121005838/en/
Pamela Herrmann Mortgage Cadence +1 720 480 7655
pamela.a.herrmann@mortgagecadence.com
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