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November 30, 2007
Vendor Offers POS Reverse Automation
Origination vendor Mortgage Cadence Inc., Denver, has launched Mortgage Cadence Prelude, a point-of-sale tool designed for use by lenders moving into the growing reverse mortgage lending channel. With four of the top five reverse lenders in the country already using its Mortgage Cadence Orchestrator application, the company says there is a desperate need for reverse lending POS software that is easy to use and interfaces well with origination platforms at the nation's largest reverse mortgage lending firms.
Posted by S. Germain at November 30, 2007 09:38 AM