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ComplianceEase Launches FloodAnalyzer™

- New Compliance Solution Retrieves Accurate Flood Status Information -

Burlingame, Calif. - May 3, 2016 - ComplianceEase®, the nation's leading provider of automated compliance solutions to the financial services industry, announced today that it has launched FloodAnalyzera new solution that helps mitigate risk by providing flood zone determination services.

FloodAnalyzer independently identifies a property's flood-zone status and performs comprehensive analysis using the most current Federal Emergency Management Agency's (FEMA) Flood Insurance Rate Maps and Flood Hazard Boundary Maps. Two levels of certification are offered, including Basic Flood Certification and Life of Loan Flood Certification. Basic Flood Certification provides a single, fixed-in-time status of a property's flood zone with findings that are based on continuously updated data outlining the risk of flood-zone exposure. Life of Loan Certification includes all of the findings in Basic Flood Certification along with an alert of flood zone status changes for a property, flood zone status tracking based on the changes to the Flood Insurance Rate Map (FIRM) for the life of the loan and monitoring of FEMA flood map revisions and National Flood Insurance Program (NFIP) community participation status changes.

"Missing flood certs continue to be a common pain point for clients especially when the defects create loan suspensions and even make the loan unsalable," said John Vong, president of ComplianceEase. "FloodAnalyzer addresses this need directly by being able to retrieve flood status information with the speed and accuracy needed to close loans in today's post-TRID environment."

This service is fulfilled through CoreLogic®, a leading global property information, analytics and data-enabled services provider.

About ComplianceEase®

Headquartered in the Silicon Valley, ComplianceEase, a division of LogicEase Solutions Inc., is a leading provider of risk management solutions to the financial services industry. ComplianceEase's patented platform includes ComplianceAnalyzer®, the mortgage industry's most adopted automated compliance solution with the most comprehensive TRID auditing. ComplianceEase combines regulatory expertise with innovative technology to power end-to-end risk management solutions that help financial institutions improve compliance controls and increase profitability. The company's growing client base includes financial institutions, service providers, law firms, GSEs, and three of the top five mortgage lenders in the U.S. ComplianceEase's automated compliance solutions have also been adopted as e-Exam tools by federal and state banking and mortgage regulators. For more information, visit ComplianceEase.com or call 1.866.212.Ease(3273).

Press Contact

Bill Campbell
Campbell Lewis Communications
212.995.8057
bill@campbelllewis.com

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