Mavent, QuestSoft Enhance Alliance

Posted by Orb Staff on April 21, 2009 No Comments
Categories : Residential Mortgage

oft, a provider of compliance software and services for lenders, has enhanced its partnership with Mavent Inc., a provider of automated compliance solutions for the financial services industry, to address regulatory changes in the lending process, specifically those impacting the secondary market. The partnership, which was first announced in 2004, will continue to pair QuestSoft's Compliance EAGLE with Mavent's rules-based enterprise application as part of a comprehensive end-to-end compliance solution that identifies regulatory exceptions throughout the origination life cycle for improved loan quality, the companies state. Increased focus by secondary market investors on compliance have led to integration improvements, so correspondent sellers can access compliance reviews from QuestSoft and Mavent on one platform. As a result of the enhanced partnership, Mavent and QuestSoft say their customers can be confident that their compliance reviews meet the same standards as industry investors without the need for a compliance staff or use of multiple compliance systems. SOURCES: QuestSoft,

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