ComplianceAnalyzer evaluates each loan and ensures that lenders are in compliance with current federal and state consumer lending and anti-predatory lending laws and regulations. The solution provides the lender with a detailed report on the status of each loan including loan summary reports, compliance certifications and exportable management reports.
PowerLender’s integrated loan framework combines flexibility and comprehensive features such as remote document delivery and workflow management, said Tim Liston, president of ASC.
The PowerLender system helps customers through the loan process from origination to close and now has an added compliance solution, which enhances the way many lenders do business.