Honolulu-based PCLender.com, a fully hosted Web-based software and services solutions provider to midsized mortgage bankers and financial institutions, has successfully completed a service auditor's review, commonly known as a SAS 70 Type II audit, of its InHouse Mortgage and PCApproved applications.
Included in the scope of the audit were PCLender.com customer service control activities, as well as the general controls that support these activities.
In order to complete the audit, company management developed control objectives for the significant areas of internal control that support the InHouse Mortgage enterprise lending platform and PCApproved online applications, the company says. The control objectives in the 2008 report addressed computer operations, information security, application development and maintenance activities, data communications and customer service.