Mortgage Cadence Touts Quick Implementation

Denver-based Mortgage Cadence implemented its end-to-end LOS at Global Home Loans in just six months, and now it has topped that by going through the same cycle at RateStar Inc. in just 60 days, according to Mortgage Cadence.Homeowners Loan Corp. launched Mortgage Cadence in early 2004 as a plan to increase its internal efficiencies and extend them throughout its entire enterprise, including its wholly owned subsidiary, RateStar. HLC chief technology officer Paul Sadler said it took "a lot of hard work" to get RateStar up and running in 60 days. "Part of the success of this implementation is because we're very familiar with the Mortgage Cadence product," Mr. Sadler said. "We've been using it on the back end since 2004 and are now rolling it out to the front end." Nonetheless, Mr. Sadler said that even someone completely unfamiliar with Mortgage Cadence should be able to do a successful implementation within 90 days.