RxOffice® Products
 RxOffice® Compliance

RxOffice® Compliance is a full re-underwriting platform which can be used by lenders for pre-funding and post-funding quality control, aggregators to perform due diligence on loans being purchased from their correspondent networks, by investors to mitigate portfolio credit losses, and by mortgage insurers to manage the claims process.

Key Features
  • Create underwriting rules library for different investors, insurers and/or issuers
  • Create multiple review projects by selecting specific loans from client’s asset portfolio
  • Assign specific underwriting rules library to a specific review project
  • Integrates loan data and supporting documentation into the system for efficient and complete review of projects
  • Allow underwriters and/or quality control analyst within the client organization to use system as a decision support tool, using the correct underwriting rules library, to review each loan in a consistent and compliant manner
  • Allow multiple parties – underwriting, quality control, third party due diligence firm, regulator, insurer and investor to collaborate on determining compliance and conformance to reps and warrants
  • Tracks the interaction of multiple parties in structured workflows as defined by the review process with full history of dialog and commentary
  • Provide robust reporting capabilities to track progress and both interim and final results for review projects
Key Benefits
  • Improve control and quality of re-underwriting processes
  • Lower cost of multiple stakeholder reviews
  • Reduce cost of compliance and/or credit losses
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