Press release

QuestSoft® Launches Fair Lending RELIEF™ to Compliance RELIEF™ Platform

Sponsored by Businesswire

QuestSoft Corporation, the nation’s leading provider of automated
mortgage compliance software
, has launched a fair lending module
inside Compliance RELIEF, the company’s regulatory reporting and
analysis platform. The new Fair Lending RELIEF module enables lenders to
actively monitor HMDA lending performance to identify areas of higher

Fair Lending RELIEF provides an integrated fair lending performance
analysis and monitoring tool to assist in identifying potential matched
pairs, underwriting and pricing disparities, as well as levels of
assistance, steering, and redlining risks. Performance analysis includes
the ability to interactively review the individual loan records behind
the result.

“Fair lending risk management obviously isn’t a new concept,” said
Loretta Kirkwood, vice president of compliance at QuestSoft. “Lenders
need help identifying, managing, and limiting performance risk. We
created Fair Lending RELIEF to use the lender’s existing HMDA data to
simplify that process.”

Leonard Ryan, founder and President of QuestSoft added: “What lenders
need is insight into how regulators will view their performance – before
their next examination. Fair Lending RELIEF provides the tools needed to
self-identify and correct potential fair lending risk.”

In addition to fair lending, Compliance RELIEF provides lenders with
Home Mortgage Disclosure Act (HMDA), Community Reinvestment Act (CRA),
and NMLS Mortgage Call report modules that include geocoding mapping,
analysis tools, and peer data for a complete mortgage compliance

About QuestSoft®

Laguna Hills, Calif.-based QuestSoft is a leading provider of
comprehensive compliance software and services for the mortgage, bank
and credit union industries. QuestSoft combines 20+ years of mortgage
regulatory, CRA and Fair Lending compliance analytics, data management
and software design expertise with best-in-class customer service to
consistently improve client compliance accuracy and facilitate smoother
regulatory audits. QuestSoft products, interfaced with over 40 software
providers, enable more than 2,700 banks, credit unions and mortgage
companies to simplify and speed the collection, analysis, compilation
and reporting of key lending regulatory report data. The company’s
software helped lenders submit over eight million error-free
transactions to regulators in 2018. For more information, call
800-575-4632, ext. 1, or visit