QuestSoft Bolsters Compliance Software

QuestSoft, based in Laguna Hills, Calif., has announced an upgrade to its Compliance EAGLE module, which lenders can use to test loan files for compliance with federal, state and investor regulations and guidelines.

The enhanced module includes Licensee Examination File (LEF) validation features that review loan files by batch prior to submission to state examiners. QuestSoft reports that it has also introduced its new ACE State Exam Services – Accurate Compliance Evaluation product, which assists lenders with the LEF process by formatting data to regulators' specifications, filtering the data per examiners' requests, and providing streamlined submissions.

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