MortgageFlex products support all lending channels including Retail, Wholesale, Conduit, Correspondent, and Consumer.The functionality contained within LoanQuest addresses the critical business issues facing today’s industry.
- Regulatory compliant 2014 Compliance Updates
- Agile - ability to adapt quickly to market changes
- Sophisticated yet user-friendly
- Advanced customization tools that do not require programming
- Imaging center
- Extensive reporting capabilities
LoanQuest has been developed in the latest Microsoft™ technology that gives lenders significant advantages over previous generations.
To many lenders, the Consumer Financial Protection Bureau’s requirements are overwhelming.
HOEPA, ATM/QM, Loan Officer Compensation changes - qualified mortgage rules that mandate a limit on points and fees of 3% of the total loan amount and a maximum 43% debt-to-income ratio.
MortgageFlex has been working with clients to determine what enhancements were necessary and the optimum way to accomplish them. See 2014 Compliance Updates!
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