CoreLogic announced the availability of its LoanSafe suite of risk mitigation solutions on seven loan origination systems (LOS) through integration with QuestSoft’s Compliance EAGLE, a mortgage compliance review system. The LoanSafe Suite is now available through the Blueberry Relay, Calyx Point, Ellie Mae DataTrac, Harland E3, ISGN MORvision, LPS Empower and OpenClose systems.
The CoreLogic LoanSafe suite is designed to help lenders minimize collateral risk and maximize fraud detection. Integrating the LoanSafe suite directly into QuestSoft’s Compliance EAGLE brings these services to originators faster by significantly collapsing LOS integration timelines, which can take as long as two years.
“CoreLogic is actively broadening the channels through which loan originators can use our risk mitigation solutions, helping them improve loan quality and assist with best practice data validation in their loan origination process,” said Dave Ard, senior vice president, Business Development for CoreLogic. “QuestSoft Compliance EAGLE will provide our clients with a simplified, streamlined experience, helping create a more efficient and productive loan cycle.”
“The results of this partnership will provide immediate benefits to QuestSoft, CoreLogic and our respective customers,” said Leonard Ryan, president of QuestSoft. “For QuestSoft customers, they now have access to industry-leading fraud analytics present in LoanSafe. At the same time, CoreLogic is able to immediately expand its product offering across seven Compliance EAGLE-integrated loan origination systems, with three more Compliance EAGLE integrations of the LoanSafe Suite expected to be available by the end of summer.”