MortgageFlex LOS Adds Service To Flag Data-Quality Issues

Posted by Orb Staff on June 11, 2010 No Comments
Categories : Residential Mortgage

geFlex Systems, a provider of lending and servicing solutions, is integrating the Q-Close solution from Aklero Process Solutions Inc. of Radnor, Pa. The solution automates the pre- and post-closing analyses of loan documentation. The live integration into the MortgageFlex LOS workflow will provide a safety net to catch loan-file quality problems, thus mitigating loan buybacks, MortgageFlex says. The Q-Close solution validates that the appropriate documents are present in a loan file and that they have been properly executed. The system automates a majority of both pre-and post-closing audit tasks that includes automated validation for the new Real Estate Settlement Procedures Act requirements, Aklero and MortgageFlex say. SOURCE: [link=http://www.mortgageflex.com]MortgageFlex

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