TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/172962
on the web Igniting Innovation In a spirit of collaboration, many of the industry's tech companies are joining forces to create new and exciting solutions for today's challenges. INSIDE THE INDUSTRY Carrington Mortgage Recognized for Innovation The California-based company is being honored for its efforts to increase e-learning in the marketplace. C arrington Mortgage Holdings, LLC, announced it has been recognized with a 2013 Innovation Award for Enhancing Learning Services by Skillsoft. Carrington was honored along with 12 other companies during 8 | The M Report a ceremony at the 2013 Global Skillsoft Perspectives user conference in mid-May. The companies were recognized for their efforts in e-learning, recognizing innovative ideas, and inspiring leaders who are helping to transform the learning landscape. "We're proud to recognize Carrington for their accomplishments in utilizing learning technology to drive results and engagement with their biggest asset: their employees," said John Ambrose, SVP of strategy, corporate development, and emerging business for Skillsoft. "We are happy to work with an organization that truly values the benefits of learning and strives to fully integrate it within its business model." The 2013 Skillsoft Innovation Awards were judged by a panel of industry experts, including Mike Prokopeak of Chief Learning Officer; Catherine Upton of Elearning! Magazine; B.J. Schone of eLearning Weekly; and others. "Winning a Skillsoft Innovation Award for the second consecutive year is truly an honor. This esteemed recognition validates our company's commitment to creating the dynamic learning culture we are so proud of today," said Lori Grigg, EVP of human resources for Carrington Mortgage Holdings. "Our mission is to provide our associates with the most progressive learning opportunities available in our industry." Accenture and Mortgage Cadence Unite The addition of Mortgage Cadence will enhance Accenture's BPO business services. I n New York, Accenture announced its acquisition of Mortgage Cadence, a provider of loan origination software and e-document management services. The acquisition adds a technology platform to strengthen Accenture's mortgage business-process outsourcing (BPO) services and enables the company to provide software to mortgage lenders looking for a way to increase efficiencies and reduce costs. According to Terry Moore, global managing director of Accenture Credit Services, the timing of the acquisition was important given the regulatory challenges facing the market and the end of the refinance boom— which he believes "masked