Compliance Ease completes automated compliance auditing and provides users with statistical reports showing results for multiple compliance testing including but not limited to RESPA, TILA, and State and Federal regulatory testing.
Tip: Order Compliance Ease can be accessed and ordered at any point of the loan process.
The Order Compliance Ease screen will display the Loan Number, Borrower’s Name as well as the Request Type. The Request Type drop-down list will display submission types available for users to select from. If the loan file has not closed, then the only Request Type to appear is Pre-Close. If the loan file has closed, then the Request Types available will be Pre-Close and Post-Close.
Once a Request Type is selected, click the submit button to continue with the submission to Compliance Ease. Click cancel to be redirected to the Loan Dashboard.
If any required fields are missing within the LOS for a Compliance Ease Report to generate, the system will prompt users to complete the necessary fields.
Note: Each missing field will be in the form of a link. The link will redirect the LOS to the screen where the missing field is located.
To view the Compliance Ease Report click the view icon next to Services > Order Compliance Ease.
The Compliance Ease Report Results will display a Mortgage Compliance Analysis Report for users to review and address. It will display a Risk Indicator along with the break down, results and detailed information for all compliance audits/tests completed such as HOEPA/HPML/HCL, TILA, RESPA, State & Local Predatory, State Regulations, and any exceptions and Policies/Customs.