Wipro Teams With ComplianceEase to Offer Per-Closed-Loan Pricing

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ComplianceEase, a provider of automated compliance solutions to the financial services industry, has expanded its partnership with Wipro Gallagher Solutions (WGS), a Wipro Limited company and provider of loan origination software solutions, to offer a complete digital mortgage bundled services package on a closed-loan basis.

With this new package, mortgage lenders that originate loans using Wipro’s NetOxygen LOS in tandem with ComplianceAnalyzer will be charged a single per-closed-loan fee for origination and compliance services, according to a release.

With this “pay as you grow” model of service delivery, mortgage lenders can focus on closing loans and leave the burden of technology to Wipro Gallagher Solutions.

Using ComplianceEase’s ComplianceAnalyzer solution, lenders can audit all liens based on license types, exemptions and preemptions, covering all levels of federal, state and municipal consumer lending laws and regulations in automated fashion.

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