ComplianceEase has announced that its ComplianceAnalyzer is now integrated with LendingPad, a cloud-based loan origination system (LOS) from WEI Technology LLC. LendingPad users will now be able to perform real-time audits for regulatory compliance violations without leaving their LOS.
"We designed LendingPad with the needs of today’s lender in mind," said Wes Yuan, managing director of WEI Technology. "By integrating with the most comprehensive auditing solution in the market, we’re helping our lender customers not only ensure regulatory compliance, but also become more efficient."
Sanjay Tibrewal, senior vice president of product management for ComplianceEase, said, “With origination volume down and costs to close up, lenders are looking to technology for a competitive edge. Our integration with LendingPad helps more lenders streamline compliance processes to help accelerate closing, deliver a better borrower experience, and ultimately grow their businesses.”