Online Documents, ComplianceEase Partner to Streamline Mortgage Compliance
|August 4, 2005|
CONCORD, Calif.--(BUSINESS WIRE)-- Online Documents, Inc. (Online, a division of LogicEase Solutions, Inc. (ComplianceEase®), has formed a strategic alliance to integrate ComplianceEase's popular automated mortgage compliance system, ComplianceAnalyzer(TM) into Online's mortgage document solutions.
Clients using any of Online's standard or custom document solutions will be able to submit loans to ComplianceAnalyzer for a comprehensive mortgage compliance audit, prior to delivering loan documents to the closing agent.
"Helping our customers ensure mortgage compliance is something Online takes seriously," said Joan Ingham, president of Online. "Direct access across Online's connection to ComplianceAnalyzer will be of immediate value to our lending partners, simplifying an industry which already deals with so many federal, state and municipal anti-predatory and state licensing laws."
"Online Documents and ComplianceEase are both well known for dedication to using web-based services and technology solutions to effectively deliver compliant documents to the mortgage industry," said Dave Girling, executive vice president of ComplianceEase. "We are very pleased to have teamed with Online Documents to improve access to our intelligent mortgage compliance solutions."
Supported by a sophisticated and comprehensive legal rules library, ComplianceAnalyzer is tirelessly maintained by seasoned legal experts. The solution organizes results of mortgage compliance reviews with threshold and variance analysis, individual itemizations of points and fees tests, reasoning, calculations and citations of relevant legislation in one easy-to-read report.
Source: Online Documents, Inc.