DENVER; March 12, 2025 – Mortgage Cadence, an Accenture (NYSE: ACN) company, announced today that the company has won the 2025 Innovation Award from the PROGRESS in Lending Association. The company was recognized for their Mortgage Cadence Platform (MCP) Essentials offering, a pre-configured Loan Origination System (LOS) that makes it easy for lenders to move into production quickly and lend confidently.
“This honor is the Gold Seal when it comes to recognizing true industry innovation,” wrote PROGRESS in Lending Founder and Chairman Tony Garritano when he announced the winners. “All applications were scored on a weighted scale. We looked for the innovation’s overall industry significance, the originality of the innovation, the positive change the innovation made possible, the intangible efficiencies gained as a result of the innovation, and the hard cost and time savings that the innovation enables industry participants to achieve.”
MCP Essentials combines the power of the next-generation MCP LOS in an affordable, pre-built LOS for credit unions, community banks, and other small-to mid-sized institutions. At its core, MCP Essentials enables an affordable, self-service administration in a simplified, flexible offering. This innovative approach not only enhances scalability, but also ensures that each client’s data remains secure and isolated, fostering trust and confidence in the solution.
The power, flexibility and self-serve administration Mortgage Cadence has built into the new offering allows any lender to get what they need from their LOS software without a large administrative team or extensive configuration.
MCP Essentials signifies more than just a technological upgrade;” said Seth Hooper, Chief Product Officer at Mortgage Cadence, “it represents a paradigm shift in how the mortgage industry approaches operational efficiency, client support, and long-term resilience.”
About Mortgage Cadence
Mortgage Cadence delivers the industry’s most complete, modern, cloud-based digital lending platform designed to provide an exceptional user experience throughout the entire mortgage lending life cycle, across all channels and products. With a leading borrower point-of-sale through closing collaboration tools, the end-to-end platform is both complete and configurable offering an open architecture designed to meet the needs of today’s lenders. The platform enables lenders to work more efficiently, leveraging automation and workflow tools that deliver an excellent borrower, sales, and operational user experience. For more information visit www.mortgagecadence.com.
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Contact:
Alison Flaig
Head of Marketing
Mortgage Cadence
alison.flaig@mortgagecadence.com
