IndiSoft Launches RxOffice Compliance

""IndiSoft"":https://www.indisoft.us/ introduced a quality management platform for mortgage loan originators and servicers.

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""RxOffice Compliance"":https://www.indisoft.us/compliance works to help originators lower operational and compliance costs while reducing the risk of credit losses.

Through RxOffice Compliance, quality control, auditing, and underwriting personnel can maintain a secure, centralized rules library in a common spreadsheet format.

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As review projects are created, the controlling rule set, loan data, and supporting documentation are brought together in one desktop, allowing employees to complete reviews mandated by pre- and post-funding compliance processes.

Additionally, RxOffice Compliance allows multiple parties to collaborate through an automated workflow engine, which routes tasks to appropriate users.

""Regulatory compliance now makes all processes, in particular auditing and quality control tasks, extremely time sensitive, requiring mortgage bankers to work quickly while maintaining detailed records of all activities,"" said Sanjeev Dahiwadkar, president and CEO of IndiSoft. ""Our technology has been extremely effective in helping the industry's loss mitigation and servicer auditing efforts, and we saw a great need as originators encounter increasing demands for enhanced quality management processing that do not interfere with the origination process.

Columbia, Maryland-based IndiSoft is a technology development firm that focuses on systems for the financial services industry,