The mortgage lending platform prime+, a product from PrimeAlliance Solutions, Inc. of Edina, Minn., is now called Symphony asa result of Denver-based mortgage technology company MortgageCadence LLC's June acquisition of Prime Alliance, Mortgage Cadence announced.
|Symphony joins Orchestrator, Finale, Opus and Reprise as a newmember of Mortgage Cadence's family of mortgage lending solutions,the company said.
|At the time of its acquisition, Prime Alliance operated as a CUSO and served around 600 creditunions. Mortgage Cadence specializes in providing enterpriselending solutions, document services, compliance and defaultservicing technology to financial services industry clients,including credit unions.
|“Symphony, known to credit unions nationwide as prime+, producesproven efficiencies and yields real cost savings,” said Dan Green,executive vice president of marketing for Mortgage Cadence. “Itstrack record of constant innovation over the past decade fitsperfectly with Mortgage Cadence's history and philosophy ofperpetual invention.”
|Launched by Prime Alliance in 2001, prime+ started out as anonline origination portal and grew over the years to includecomplete loan processing capabilities, loan documents, secondarymarketing capabilities and imaging. In December, Symphony willdebut a new consumer portal, according to Mortgage Cadence.
|“Prime+ was an important element in our Prime Allianceacquisition, adding strong capabilities to our already robust suiteof products,” added Mike Detwiler, CEO for Mortgage Cadence.“Having it join our line-up of industry leading technologiesaffirms our commitment to the platform as well as the customers itserves.”
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Natasha Chilingerian
Natasha Chilingerian has been immersed in the credit union industry for over a decade. She first joined CU Times in 2011 as a freelance writer, and following a two-year hiatus from 2013-2015, during which time she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union), she re-joined the CU Times team full-time as managing editor. She was promoted to executive editor in 2019. In the earlier days of her career, Chilingerian focused on news and lifestyle journalism, serving as a writer and editor for numerous regional publications in Oregon, Louisiana, South Carolina and the San Francisco Bay Area. In addition, she holds experience in marketing copywriting for companies in the finance and technology space. At CU Times, she covers People and Community news, cybersecurity, fintech partnerships, marketing, workplace culture, leadership, DEI, branch strategies, digital banking and more. She currently works remotely and splits her time between Southern California and Portland, Ore.
