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Overview
The Subprime mortgage meltdown and subsequent housing and credit crisis have required many law firms to gain a deeper understanding of the
complex world of residential mortgage compliance, loss mitigation and loan modification in order to serve their foreclosure and bankruptcy clients.
ComplianceAnalyzer® Choice™ expedites investigative and forensic examinations of mortgages by automatically testing loans against a wide range
of important federal, state, and municipal laws and regulations such as anti-predatory lending / high-cost legislation, Truth-In-Lending Act (TILA)
APR and finance charge disclosures, and state consumer credit laws. Law firms and sole practitioners alike rely on ComplianceAnalyzer Choice
to quickly identify potential regulatory violations, empowering them with the information they need to advise their clients.
Automating Forensic Mortgage Compliance Audits
Each ComplianceAnalyzer Choice audit is powered by ComplianceEase's® innovative CriticalDecisionSM platform, which takes only seconds to to
audit a residential mortgage loan and prepare a detailed multi-jurisdictional compliance audit report covering:
- Home Ownership and Equity Protection Act (HOEPA) - Section 32
- State and municipal high-cost / anti-predatory laws and regulations
- Truth In Lending Act (TILA) APR and Finance Charge disclosure tolerances
- Identification of specific regulatory violations that can trigger a borrower's right to rescind
- Allowable foreclosure disclosure tolerances
- Real Estate Settlement Procedure Act (RESPA) timing of disclosure
- State consumer lending laws
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Custom Audit Reports Branded for Your Firm
Audit reports that ComplianceAnalyzer Choice generates are branded with your firm's name and logo so
they're ready to present to your clients. In a fraction of the time it would take to perform audits by hand,
you and your firm can:
- View detailed analysis of a loan and precisely identify regulatory compliance violations
- Present loan-level summary audit results that include citations to relevant laws and regulations
- Conduct a more comprehensive investigative and forensic compliance audit
- Strengthen your firm's relationship with clients by branding audit reports with your name and logo
- Offer audit reports as a service and distribute them directly to your clients
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Modernize Your Mortgage Compliance Practice
- Rapidly and efficiently uncover potential mortgage compliance violations for clients
- Improve negotiation power with creditors
- Conduct audits online at any time using only a web browser
- Audit large quantities of loans with an easy to use batch file interface
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Learn how ComplianceAnalyzer Choice improves your competitive edge.
Contact a ComplianceEase Client Manager toll-free at 1.866.212.EASE (3273) or send us an e-mail at
Contact CE.
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