MIAC Analytics Partners with ComplianceEase On Mortgage Asset Due Diligence Platform

MIAC Analytics Partners with ComplianceEase On Mortgage Asset Due Diligence Platform

August 19, 2020
Compliance Ease logo
Mortgage Industry Advisory Corporation, a provider of financial analytics solutions, announced its partnership with ComplianceEase, a provider of automated compliance solutions to the financial services industry, to offer ComplianceAnalyzer in MIAC's VeriFi 4.3 mortgage asset due diligence software platform.
 
MIAC's VeriFi is a residential mortgage asset class due diligence platform. It provides comprehensive product coverage across retail, wholesale, correspondent, and consumer lenders. MIAC is integrated with a network of vendors and can be quickly scaled up to match business volume with a customizable solution. Integrating VeriFi with the industry-leading compliance and risk solution, ComplianceEase, will strengthen VeriFi's position as a complete due diligence platform in the market.
 
ComplianceEase's flagship platform, ComplianceAnalyzer, performs real-time, loan-level audits on loan pools for aggregators, investors, and residential mortgage-backed securities issuers. The platform tests for all federal, state, and municipal regulations, including TRID and QM, as well as federal and state high-cost and anti-predatory lending violations. The solution also audits for compliance guidelines set by the secondary market and government-sponsored enterprises.
 
"We are excited about our relationship with ComplianceEase and the integration of their market-leading compliance engine. The ComplianceEase integration further reinforces that VeriFi is [a] leading due diligence software in the industry," said Joseph A. Furlong, managing director of the due diligence group at MIAC.
 
"This partnership signifies ComplianceEase's commitment to the secondary market by reducing due diligence costs, reducing risk, and improving execution efficiency for lenders and investors," said Michael Jackman, CEO of ComplianceEase.
 
Compliance

Subscribe to the nmp Daily

Subscribe to the nmp Daily