In The NewsLOS Trends

Lender Turns To New LOS To Deliver Borrowers A More Modernized Experience

Vanderbilt Mortgage & Finance, Inc. (Vanderbilt Mortgage), a national home lender, has chosen the Mortgage Cadence Platform (MCP) by Mortgage Cadence, a subsidiary of Accenture (NYSE: ACN), as its Loan Origination System (LOS) to deliver a more modernized experience for its customers.

Vanderbilt Mortgage helps make homeownership more attainable by financing new and used off-site built homes, servicing those loans, and providing financing for home upgrade projects. With the help of MCP, Vanderbilt Mortgage will be able to improve its customer experience in innovative ways.

“MCP stood out because of its flexibility and ability to provide not only a seamless and modern experience for team members, but helps us adapt to changing market conditions and borrower needs. We can do everything we need on one platform, which helps us work more efficiently, helping more individuals and families achieve the dream of homeownership,” said Jeff Russell, President of Vanderbilt Mortgage.

MCP’s open architecture will allow Vanderbilt Mortgage to customize its platform and select the tools that work best for its business while providing one single system of record for all its products and services.

“The goal of MCP is to work for any type of lender, and Vanderbilt Mortgage is a great example of that. MCP helps seamlessly manage all activities from one single platform that is able to scale with them and adapt to the changing needs of their borrowers,” said Pedro Garcia, CEO of Mortgage Cadence. “Vanderbilt Mortgage does important work to make homeownership more attainable for all, and we are proud to be a part of that.”