Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
QuestSoft Updates Compliance VERIFY Software
LAGUNA HILLS, CALIF. (11/21/13)--QuestSoft Corp., a provider of automated mortgage compliance software to financial institutions including credit unions, released enhancements to its Compliance VERIFY software to help lenders satisfy the Consumer Financial Protection Bureau's (CFPB) Ability-to-Repay (ATR) rule, which goes into effect in January 2014.
 
The update provides users with full Internal Revenue Service (IRS) 4506-T and Social Security Administration (SSA-89) verification services and electronic transcripts integrated into the Compliance EAGLE QM/ATR pre-funding solution.
 
Compliance VERIFY provides an interface for ordering, collecting and organizing income and Social Security Number (SSN) verifications. QuestSoft can also accept e-signed 4506-T submissions with seven e-sign companies including: Communication Intelligence Corp., DocMagic, DocuPrep, DocuSign, eSignSystems, IDS and Silanis.
 
A free software development kit is available for any loan origination software (LOS), document or pricing vendor to quickly integrate the services and automate ATR compliance.


RSS





print
News Now LiveWire
.@CFPB has concerns Re:electronic paymnts networks,particularly its effects on consumers,said bureau director Cordray http://t.co/mqi9bHL6Fb
16 minutes ago
#NewsNow CUNA Tech Council white paper looks at EMV http://t.co/2znk5N0Y4m
1 hours ago
.@CUNA 3 pm ET Twitter chat Tues about recent customer satisfaction results ranking #CUs much higher than banks. #CUServiceExcellence.
1 hours ago
AACUL honors @DianaRDykstra with Eagle Award; Wendell Lyon re-elected chair http://t.co/FacmfLiItH
2 hours ago
.@NCUFoundation's Hyland, #creditunion leaders grace small screen for Va. TV program #CUNANewsNow http://t.co/opmMXzD91e
2 hours ago