ComplianceAnalyzer, an automated mortgage compliance solution from ComplianceEase, is now integrated with Enterprise Lending Center (ELC), a loan origination platform from Mortgage Cadence, an Accenture Company.
The integration enables ELC users to systematically audit loans for regulatory compliance without leaving the platform.
ELC facilitates lending for forward and reverse mortgages in retail, wholesale and correspondent lending channels and across a multitude of mortgage products, including home equity lines of credit.
The integration of ComplianceAnalyzer provides a comprehensive, real-time auditing and monitoring solution within the ELC.
“The cost to produce a loan has been on the rise, largely because of compliance demands that have given way to inefficiencies and slower speed to close for many lenders,” says Trevor Gauthier, president and chief operating officer for Mortgage Cadence, in a release. “MortgageCadence is committed to providing lenders with the tools to help solve for these increased compliance demands, and our integration with ComplianceAnalyzer will do just that.”
