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FirstClose Provides Licensed Software Technology to Mortgage Cadence

New agreement to enable faster integrations with Mortgage Cadence vendors

FirstClose, a provider of end-to-end technology solutions for refinance and home equity lenders nationwide, today announced that Mortgage Cadence, an Accenture (NYSE: ACN) Company, has purchased a licensed copy of its proprietary software, providing a lights-out integration between the two companies and enabling Mortgage Cadence to complete faster integrations with large national vendors.

Overall, the agreement between Mortgage Cadence and FirstClose will, in phases, provide Mortgage Cadence customers and vendors a better, faster and more cost effective means by which to connect with one another to order and deliver any mortgage settlement service. In addition, Mortgage Cadence and FirstClose are exploring additional areas of collaboration to allow Mortgage Cadence customers to access unique FirstClose offerings including faster access to small to medium sized appraisers and local title companies, as well as the FirstClose Report, the first comprehensive refinance and home equity loan solution with capabilities to deliver title, flood, valuation and other important data elements in one report.

“We are happy to provide our software to Mortgage Cadence and assist in the creation of its third-party integration hub,” said Tedd Smith, co-founder and chief executive officer of FirstClose. “This new agreement will expedite vendor management integrations to an extreme level of efficiency using the most current and state-of-the-art technology available in industry.”

Customer | "FirstClose has been a great partner for our appraisal, flood and title orders. Going from three separate vendors and three separate orders to one point of contact has been a huge time saver. When we’ve had a problem or question regarding an order, the response has been quick, concise and informative. The account managers have always been very positive and responsive to our needs and have done a great job with their level of communication. Any changes we’ve needed to make regarding the services we use have been processed and implemented without experiencing any delays. We highly recommend the services FirstClose has to offer!"

Steve Morrow, Manager of Direct Loan Processing/Parchment at Advia Credit Union