More than 2,500 financial institutions now rely on QuestSoft, the nation’s leading provider of automated mortgage compliance software, to simplify the collection, analysis, submission and compliance of regulatory loan data. As a result of their growth, QuestSoft facilitated 70 percent more Home Mortgage Act Disclosure (HMDA) submissions this year.
QuestSoft’s growth is driven by a focus on innovative technology that takes the complexity out of compliance, a customer-first service philosophy and a commitment to integrating with all of the leading loan origination software (LOS) providers.
“Our customers are our number one priority,” said Leonard Ryan, president of QuestSoft. “Our growth has come from lenders of all sizes, and we proudly serve banks, nonbank lenders and credit unions.” Ryan added that customers can expect the company to continue to offer new services, including audit and verification capabilities as a result of their recent acquisition of IMARC.
QuestSoft specializes in total mortgage and financial lending compliance, including HMDA, Community Reinvestment Act (CRA), fair lending, automated compliance rules and other settlement services. The company also develops, maintains and markets Instant Geocoder, a census-based geocoding product for address verification and identification of opportunities based on demographics. In addition, the company offers data analysis services to assist customers in determining the best markets for their products and services.
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