Two leaders in the digital mortgage industry are joining forces as part of an innovative new collaboration to streamline the title and closing process. Mortgage Cadence, an Accenture (NYSE: ACN) company, is teaming with EXOS Technologies, a subsidiary of ServiceLink, a Fidelity National Financial (NYSE: FNF) company, to provide clients with direct access to EXOS’ capabilities through the Mortgage Cadence Collaboration Center.
The Collaboration Center reinvents the way lending professionals and settlement-service firms interact ― automating processes, exchanging documents and data, and offering real-time messaging. It eliminates manual processes such as document comparison and email search, helping to increase efficiency and profitability, and does not require massive data entry to build and deploy into production processes. EXOS’ platform provides industry-leading benefits, including immediate title clearance, an expected clear-to-close date, and real-time pricing. EXOS’ point-of-sale decisioning capability reduces title order turn-times, enabling loan officers to set expectations with consumers upfront confidently. Ultimately, EXOS provides lenders with advanced tools to deliver a complete consumer digital mortgage experience.
“EXOS is committed to transforming mortgage by bringing a new level of transparency and efficiency to the title and settlement process,” said Kiran Vattem, EVP and chief digital and technology officer at EXOS Technologies. “We look forward to partnering with Mortgage Cadence to provide these benefits to our mutual clients.”
Bryan Ireton, Accenture’s managing director for Mortgage Cadence, said, “The growing Collaboration Center network signifies a major expansion in Mortgage Cadence’s services to the title industry. With the industry facing increased cybersecurity challenges and a rising cost-to-close, our teaming with EXOS as a synergistic partner will enable us to drive solutions that help clients address these critical issues.”
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.
EXOS, a subsidiary of ServiceLink, is the leader in providing cloud-based digital technologies to real estate lenders and servicers. EXOS Technologies transform consumers’ digital expectations around the mortgage experience through mobile apps, voice interaction, APIs, Predictive Analytics, and AI. EXOS products include Title, Valuations, Closing, and Servicing – extending and enhancing critical consumer digital touchpoints throughout the entire mortgage lending life cycle. EXOS reduces cycle times, improves quality, and enhances a lender’s relationship with their consumer. To learn more about EXOS, please visit www.exostechnology.com.