Carnegie Mortgage Selects Mortgage Cadence Technology Suite

ie Mortgage LLC, a wholly owned subsidiary of Hamilton, N.J.-based Grand Bank NA, has selected Mortgage Cadence Inc. to provide its next mortgage lending and document management technology platform. Carnegie Mortgage originates approximately $200 million in mortgages per month via its retail and wholesale channels, Ovation Home Loans and Icon Residential Lenders. Mortgage Cadence says its system will allow Carnegie Mortgage to leverage automation that will drive down the cost per loan, increase loan quality and compliance, and meet complex data security and privacy requirements. SOURCE: [link=http://www.mortgagecadence.com ]Mortgage Cadence Inc.

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