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ComplianceEase And Zementis Partner On New Software

Tuesday, May 8, 2007 7:00:00 AM PDT | VentureDeal STaff

NEW ORLEANS, LA -- ComlianceEase and Zementis, Inc. announced a strategic partnership and also launched a new mortgage loan product offering.

Called DecisionEase, the new suite combines ComplianceEase's software knowhow with Zementis' statistical and analytical solutions to create a product that finds the right loan product for the right borrower.

John Vong, founder of ComplianceEase, said, "With growing concern over loan suitability and eligibility, driven in part by the present condition of subprime mortgage market, [DecisionEase] offers lenders the flexibility and control they need to cost-effectively deploy a next-generation loan origination process across the enterprise."

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