Mortgage Cadence, an Accenture company, has launched MCP Essentials, the latest version of its Mortgage Cadence Platform (MCP).
This ready-to-use, pre-configured loan origination system (LOS) enables lenders to implement quickly to enable lending confidence, the company says in a release.
Designed around industry best practices, MCP Essentials delivers a prepackaged, self-service solution that is configurable and flexible, meeting the needs of industry lenders.
“As we witness the mortgage industry experiencing a shift and lenders adapting to new operational realities, we’ve seen a growing need for simpler, more accessible solutions,” says Seth Hooper, chief product officer at Mortgage Cadence. “We’ve listened to our community of lenders, many of whom are seeking efficient, cost-effective tools to compete in today’s market. MCP Essentials is our answer to their call—an intuitive, scalable platform that empowers them to thrive.”
As lenders navigate a highly competitive, low-margin market, MCP Essentials provides a tailored, cost-effective solution that helps businesses stand out—without the burden of excessive costs.
MCP Essentials brings the power of the next-generation MCP in an affordable, pre-configured package designed for self-serve configurability. It offers lenders the flexibility to tailor the solution to their unique business needs, delivering a personalized experience without the added costs and risks of a full customization.
“As excitement builds around MCP Essentials, it becomes clear that this platform signifies more than just a technological upgrade; it represents a paradigm shift in how the mortgage industry approaches operational efficiency, client support, and long-term resilience,” says Pedro Garcia, CEO for Mortgage Cadence, in a statement. “With many organizations contending with staffing constraints and the need to optimize resources, the platform’s simplified functionality and integrated best practices offer a compelling solution to drive operational excellence.”