MortgageRx is a compliance platform which can be used by servicers, third-party due diligence firms, investors, insurers and regulators to perform servicing audits focused on compliance with emerging national servicing standards, investor and/or insurer requirements, and federal and state laws and regulations.

• Ability to create specific rules libraries to house investor/insurer guidelines, internal best practices, and state and federal laws and regulations that serve as a central repository for audit and compliance reviews
• Ability to combine rules into multiple audits to achieve a targeted business review objective : loans boarded for reviews can have audit components dynamically included/excluded where applicable, for example based on specific investor and/or state
• Integrates loan data and supporting documentation into the system that is presented in a “console” format for efficient completion of specific audits
• Allow internal auditors and/or quality control analyst within the client organization to use system as a decision support tool, using the correct rules library, to review each loan in a consistent and compliant manner
• Allow multiple parties – internal auditor, internal quality control, third party due diligence firm, regulator, insurer and investor to collaborate on determining compliance and conformance to pooling and servicing agreements, internal best practices, and/or federal and state laws and regulations
• Ability for multiple parties to record observations and commentary on specific loan-level review points while the system tracks all associated dialogue through completion of audit
• Dynamically creates and tracks multiple audit reviews based on an analysis of Borrower Complaint reasons
• Provide robust reporting capabilities to track progress and both interim and final results for audit reviews

• Improve control and quality of audit processes
• Lower cost of multiple stakeholder reviews
• Reduce cost of compliance and/or penalties