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""Mortgage Cadence, LLC"":http://www.mortgagecadence.com, a Colorado-based provider of enterprise lending solutions, default servicing technology, and document services for the financial services industry, recently announced that its Mortgage Cadence Reprise system can assist servicers in meeting proposed requirements to mortgage servicing procedures.
Mortgage Cadence Reprise is a Web-based solution that provides servicers with automation technology.
[IMAGE] [COLUMN_BREAK]""With mortgage reform clearly on the horizon for mortgage servicers, the need to embrace automation and provide consumer facing tools is more critical than ever,"" said Dan Goldman, Mortgage Cadence's EVP for Reprise.
""Reprise is the technology that will allow servicers to most effectively respond to mortgage reform in the servicing industry while providing the customer service expected by state attorneys general and federal regulators,"" Goldman said referring to the recent enforcement actions and ongoing negotiations resulting from robo-signing investigations.
Mortgage Cadence Reprise allows servicers to remove manual processes to stay competitive, according to a statement from the company. The technology speeds the loan modification and short sale process via advanced workflow automation, data validation and analytics, dynamic document generation, and consumer-direct communication tools.
In addition, the Reprise consumer direct portal allows borrowers to securely upload documents through their servicers' Web sites, where they are instantly catalogued upon receipt.
