WASHINGTON, July 9, 2024 /PRNewswire/ -- Asurity Mortgage
Group, Inc. a subsidiary of Asurity Technologies, LLC (together
"Asurity"), an innovator in the design and development of mortgage
lending compliance software, is pleased to announce the integration
of its Propel™ and RegCheck® solutions with Wilqo™'s
ground-breaking Product Optimization Platform (POP), "Charlie." The
integration combines the industry's most modern technology
platforms to deliver a seamless, efficient and compliant mortgage
loan generation process.
Charlie, Wilqo's recently launched POP, is revolutionizing the
mortgage industry by providing a comprehensive solution for lenders
wanting to optimize throughput, ensure accuracy, and close more
loans, all while providing a transparent and simple process for
their borrowers, partners, and staff. Charlie features a unified
mortgage operating system (POS + LOS + task management + workflow +
more) with no record locking, a web-based design, smart automation,
non-linear workflow, actionable analytics, and much more.
As a Wilqo preferred provider, Asurity's Propel and RegCheck
offerings simplify the mortgage document generation process,
allowing users to create comprehensive document packages in a
matter of seconds; ensuring comprehensive compliance leveraging
Asurity's widely recognized regulatory expertise; and providing a
straightforward and cohesive integration experience utilizing
sophisticated APIs.
Lance Reese, CEO of Wilqo stated,
"Our collaboration with Asurity underscores our commitment to
identifying and delivering innovative solutions that streamline
mortgage lending operations for our clients. The integration with
Propel and RegCheck enhances Charlie's capabilities, offering users
a powerful toolset that will get loans done quickly, accurately,
and in full compliance."
Asurity's RegCheck is a best-in-class SaaS solution that enables
loan officers and compliance specialists to expedite loan closings
with greater confidence and accuracy. RegCheck features compliance
testing across HOEPA, Federal HPML, Initial APR, TRID, ECOA, as
well as other state, federal, and investor requirements; a detailed
calculation methodology to understand if a test has passed or
failed, as well as downloadable and readily understandable reports.
And, Propel provides lenders with an intuitive, flexible digital
mortgage document generation platform featuring low- to no-code
document creation, an easily configurable forms library containing
a full collection of compliant forms covering federal, state and
local regulations.
Julia Sweeney, Executive Vice
President of Software Products at Asurity, commented, "The
integration of Propel and RegCheck with Wilqo's Charlie platform is
a game-changer for our clients. By combining our advanced
compliance and document generation capabilities with Wilqo's robust
Production Optimization Platform, we are empowering lenders to
operate more efficiently and with greater confidence in their
compliance. This partnership represents our commitment to
leveraging cutting-edge technology to provide seamless, reliable
solutions that meet the dynamic needs of the mortgage industry. We
at Asurity are looking forward to working closely with Wilqo to
deliver an exceptional experience for its lender clients."
For more information on Propel and RegCheck
visit www.asurity.com. To demo the Charlie integration,
contact Franci Webster at
info@asurity.com or 202.765.2150.
About Asurity
Asurity Technologies, LLC delivers
compliance-focused services and solutions to the mortgage and
consumer lending industries. Asurity's ecosystem of service and
SaaS products includes: Propel™, a highly configurable solution for
the dynamic preparation of compliant mortgage document
packages; RegCheck®, a mortgage loan compliance solution which
runs comprehensive checks against loan-level data pulled from any
integrated LOS; RiskExec®, a state-of-the-art reporting and
analytics platform helps lenders meet demanding regulatory
requirements for fair lending and CRA; and Asurity Advisors™,
helping institutions mitigate regulatory, operational, and
compliance risks while enhancing efficiencies.
Asurity is owned by its principals and employees, and operates
without the constraints of a public company or private equity
ownership. For more information about Asurity and its suite of
regulatory compliance services and products,
visit asurity.com.
About Wilqo™
Wilqo delivers a modern solution for lenders wanting to optimize
throughput, ensure accuracy, and close more loans, all while
providing a transparent and simple process for their borrowers,
partners, and staff. Our cloud-native Production Optimization
Platform (POP) breaks the lending process down to discrete tasks at
the atomic level for each loan. We automate every step in the loan
manufacturing process, prioritize those activities that need human
intervention, and provide actionable insights into where lenders
are making (or losing) money across the entire enterprise. The
result: a better experience for everyone + a lower cost to produce
a closed loan.
Wilqo was founded by mortgage industry insiders who have worked
with the technical constraints faced by lenders for decades.
Media Contact:
Era Williams
Director of Marketing
(214) 257-1763
ewilliams@asurity.com
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SOURCE Asurity