CU*Answers and Accenture Mortgage Cadence Growth

West Michigan-based core processor, CU*Answers, announced a 23% growth in the number of mortgage application and processing sites through Accenture/Mortgage Cadence’ Loan Fulfilment Center.

Since 2006, CU*Answers has been a value added reseller of the first cloud-based, inclusive mortgage lending solution to the credit union industry offered by Accenture/Mortgage Cadence, formerly Prime Alliance Solutions, Inc.

Over the fiscal year 2014 to date, the number of individual sites built and supported by CU*Answers’ Lender*RE team increased from 53 to 65, representing a 23% increase. These sites generated 6369 mortgage applications and 2890 mortgage closings, with a combined volume of $375 million for both individual clients and CUSO’s. CU*Answers is dedicated to assisting client CU’s with their lending strategies by enhancing their portfolio lending efforts and providing access to  Secondary Market Lending via a custom LOS at a competitive price point.