DENVER (6/21/12)--Mortgage Cadence LLC, a provider of enterprise lending solutions, document services, compliance and default servicing technology, has acquired Prime Alliance Solutions Inc., a provider of mortgage technology.
Currently, Prime+, Prime Alliance's lending solution has been positioned within the credit union and regional lending space. With the acquisition, Mortgage Cadence will be able to leverage Prime+, while also offering Prime Alliance's customer base a migration pathway to Orchestrator's enterprise lending suite.
Eliminating disparate systems in favor of one solution is viewed as a way for Prime Alliance's clients to improve member service and drive down costs, while ensuring compliance, the company said. Prime Alliance will retain its focus and its leadership while building on, and integrating, the two organizations' technologies.