[September 20, 2011]

Security Service Federal Credit Union Selects Mortgage Cadence to Replace Disparate Technology

Mortgage Cadence, LLC, a leading provider of Enterprise Lending Solutions (ELS), Default Servicing Technology and Document Services for the financial services industry, has been selected by Security Service Federal Credit Union (SSFCU) to replace their document and loan origination solutions with Mortgage Cadence Orchestrator and Finale Document Services. These two products, combined with ongoing compliance enforcement provided by Mortgage Cadence, allow SSFCU to expand their business by employing the most advanced mortgage technology on the market.

"SSFCU has successfully managed mortgage complexity while maintaining company loan volume targets over the years," said David Brown (News - Alert), vice president of Mortgage Services for SSFCU. "When we decided to increase our operational capacity, we knew that mushrooming regulatory oversight and our paper-dominated, manual processes were obstacles we had to overcome. We needed proven workflow efficiencies and process controls to manage our growth and maintain quality," Brown added. "Mortgage Cadence Orchestrator provides dynamic workflow and automation capabilities, along with business policy and compliance enforcement gains - all significant factors in our decision to partner with Mortgage Cadence."

Mortgage Cadence continues to lead the way and set the industry standard of Enterprise Lending technology solutions and services. By not only providing rules-based workflow automation but also compliance support, Lenders are able to focus on their business and allow the technology to do the heavy lifting. In addition, Finale Document Services couples with Orchestator to enable dynamic form creation allowing Credit Unions like SSFCU to remove manual paper processes, accelerate the lending process, and increase customer satisfaction. Adapting to change is more important now than ever, and offering a solution capable of growing with business processes by effectively scaling to fit all future needs separates Mortgage Cadence from any other mortgage technology provider currently in the industry.

"Lenders need to up their industry standards for mortgage technology in order to thrive in today's lending environment," Michael Detwiler, chief executive officer of Mortgage Cadence said. "Continuing to stay complacent with failing systems and manual processes will only lead to self-destruction. Security Service understood that in order to continue to grow, it was necessary to consolidate manual and disparate systems for one, complete end-to-end technology solution. This new partnership demonstrates a trend in our industry where Lenders are beginning to opt for advanced technology solutions in place of attempting to build a team around disparate and incomplete offerings. Mortgage Cadence will continue to forge the way and be the go-to end-to-end Enterprise Lending and Document and Compliance Services provider."

About Security Service Federal Credit Union

Security Service Federal Credit Union offers competitive, affordable financial products and services designed to meet the needs of its members. Security Service is an industry-leading financial institution with more than $6.5 billion in assets and more than 850,000 members in Texas, Colorado, Utah and around the world. Headquartered in San Antonio, the credit union is among the top 10 credit unions in the nation and the largest in Texas and San Antonio.

Security Service strives to be America's best credit union and provides the true benefits of credit union membership with financial services of the highest quality and value. Learn more at www.ssfcu.org or call 1-800-415-7878.

About Mortgage Cadence, LLC

Mortgage Cadence is the leading provider of Enterprise Lending Solutions ("ELS") which employ an extensive financial services data model wrapped with a native rules engine to deliver data-driven workflow automation tools to mortgage banks, lenders, service providers and servicers. Mortgage Cadence has developed enterprise solutions that integrate all functions and data elements required to optimize, manage and score lending performance. The mortgage industry is always shifting to meet demands and minimize risks. Mortgage Cadence's flexible solutions continue to evolve to meet those needs. To learn more, please visit http://www.mortgagecadence.com.

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