PartnerOne to acquire Mortgage Cadence
Briefly

PartnerOne to acquire Mortgage Cadence
"PartnerOne's investment philosophy and operational excellence will enable us to evolve our platform, deepen our customer relationships, and continue delivering exceptional solutions across the mortgage lifecycle. Mortgage Cadence's platform, which includes its Enterprise and Essentials products, is designed to streamline loan originations and lower operational costs. The company said that joining PartnerOne will support the development of new capabilities, integrations and automation tools for financial institutions, credit unions and independent mortgage banks."
"This agreement represents a powerful alignment of values and vision, said Pedro Garcia, CEO of Mortgage Cadence. PartnerOne looks forward to bringing Mortgage Cadence into our portfolio, said Suzanne Fortman, vice president at PartnerOne. We believe in building enduring software companies that prioritize people and customers. Mortgage Cadence exemplifies this ethos, and we're excited to invest in its future, expand its employees' skillsets, and accelerate innovation in mortgage technology."
PartnerOne is investing in Mortgage Cadence to evolve the lender platform and accelerate innovation across the mortgage lifecycle. Mortgage Cadence offers Enterprise and Essentials products designed to streamline loan originations and reduce operational costs. The investment will support development of new capabilities, integrations, and automation tools for financial institutions, credit unions, and independent mortgage banks. The deal emphasizes building enduring software companies that prioritize employees and customers while expanding employee skillsets. Completion of the acquisition remains subject to customary closing conditions, and the terms of the transaction were not disclosed.
Read at www.housingwire.com
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