DENVER--(BUSINESS WIRE)--Desert Schools Federal Credit Union (Desert Schools) has deployed the
Loan Fulfillment Center from Mortgage Cadence, an Accenture (NYSE:ACN)
company, to help support its goal of a fully digital loan origination
process.
With the deployment of the Mortgage Cadence product suite, Desert
Schools — the largest credit union in Arizona and a top 25
mortgage-producing credit union in the United States — is now creating
an unprecedented experience for its customer base of more than 300,000
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members.
“After considering various options, we found that Mortgage Cadence’s
technology offered the most streamlined functionality, enabling us to
quickly implement an end-to-end solution to support mortgage
originations from application to closing without ever leaving the
system,” said Gary Sneed, Desert Schools’ chief lending officer.
“Mortgage Cadence helps us further our commitment to our members by
providing a quick, easy-to-use borrower portal that allows for product
comparisons and ongoing member education. Thanks to the close
collaboration of our teams, we were able to go live on the system
swiftly and capitalize on the benefits this functionality brings to our
digital mortgage strategy.”
Mortgage Cadence’s Loan Fulfillment Center — in coordination with its
intuitive Borrower Center, Secondary Market Center, Document Center and
Imaging Center — provides the tools necessary for Desert Schools to
establish a transparent, compliant and efficient mortgage origination
process. The product suite walks prospective homebuyers through the
mortgage application process step-by-step and enables clients to provide
loan status and other information related to the borrower’s loan
application via tools within the platform.
With the Loan Fulfillment Center, each step of the process — from
processing, document imaging and package creation to underwriting,
post-closing and secondary marketing — continues on-platform and through
a single system.
“The future of the industry belongs to innovative lenders who are
dedicated to taking steps toward the all-digital mortgage, said Nizar
Hashlamon, Mortgage Cadence’s executive vice president of sales. “As an
industry-leading institution, Desert Schools Federal Credit Union
recognized this and positioned themselves to provide an unparalleled
experience for their members for years to come. We are proud to support
and help fuel their growth by providing Desert Schools with the type of
forward-thinking, intuitive member and lender tools that enable ongoing
success.”
About Mortgage Cadence
Mortgage Cadence has been working with lenders since 1999, offering a
one-stop shop mortgage technology solution designed for point-of-sale
through post-closing. In a time when efficiency, speed and the customer
experience are paramount to the success of lenders, Mortgage Cadence
offers reliable software and dedicated people, supporting lenders every
step of the way. Visit www.mortgagecadence.com
for more information.
About Desert Schools Federal Credit Union
Celebrating its 77th year in Arizona, Desert Schools is
Arizona’s largest credit union with $4 billion in assets, more than
300,000 members and branch locations across the Valley. As a
not-for-profit cooperative, Desert Schools prides itself on providing
stellar service to its member owners while actively engaging in its
mission of “Shared Prosperity” through dynamic leadership roles within
the community. Desert Schools works continuously to improve lives
through non-profit partnerships and financial literacy efforts in the
Valley and beyond. Learn more at www.desertschools.org.