Fair Lending Magic™ definitely provides cutting-edge capabilities when it comes to fair lending data analysis.
McLean, VA (PRWEB) March 27, 2015
ComplianceTech, a leading provider of web-based fair lending analytical software for the financial services industry, announced it has been selected to present during the inaugural “Technology Showcase” at the Mortgage Bankers Association’s (MBA’s) National Technology in Mortgage Banking Conference & Expo 2015 in Orlando. Scheduled at the Second General Session on Monday, March 30 from 10:30-11:45 a.m., ComplianceTech is one of eight vendors selected by the MBA to showcase technology solutions. According to the MBA’s Residential Technology Committee, it selected the “most innovative products designed specifically to enhance the efficiency of the mortgage banking industry.”
ComplianceTech will present its Fair Lending Magic™ product, a cloud-based system that isolates pricing, underwriting, processing and customer service issues to determine whether differential treatment occurred on a prohibited basis, i.e., by race, ethnicity, age or gender.
“We are looking forward to presenting Fair Lending Magic™ at the MBA Tech Showcase”, said Maurice Jourdain-Earl, Managing Director of ComplianceTech. “We recognize that participants attend the MBA’s Tech Conference to see cutting edge products and services. Fair Lending Magic™ definitely provides cutting-edge capabilities when it comes to fair lending data analysis.”
Fair Lending Magic™ automates compliance and fair lending risk analysis for mortgage, auto and consumer lending data. It helps fair lending compliance managers quickly and efficiently conduct self-evaluations that lead to effective risk management of lending policies and practices. It was designed by lending experts with many years of field experience performing loan due diligence, underwriting, compliance exam readiness consulting, quality assurance, and risk analysis.
This year’s MBA Tech Conference is being held at the Hyatt Regency Orlando on March 29 – April 1, featuring over 700 attendees from mortgage lending firms across the country. Keynote speakers for this year’s conference include former Secretary of Homeland Security and current CEO of Ridge Global Solutions Tom Ridge and Host of NOVA Science Now and Yahoo! Tech Columnist David Pogue. For more information about the event or to register, visit the conference website: http://events.mortgagebankers.org/Tech2015/default.html.
ComplianceTech, based in McLean, VA provides specialized lending intelligence services and innovative software solutions to lending institutions, community organizations and government agencies. The company’s software products include LendingPatterns™, Fair Lending Magic™, the Racestimator™, The Premium Pricing Analyzer, and LMI and Minority Zip Code Opportunity Maps™.
For more information contact Dana Ginsburg at danaginsburg(at)compliancetech(dot)com.