2017 HW Tech100 Winner: Accenture
Mortgage and Compliance as a Service provides warranty framework for compliance
Accenture’s Mortgage & Compliance as-a-Service (MCaaS) is an end-to-end, product-rich mortgage manufacturing solution offered through LoanSequence, the company’s proprietary loan origination platform.
MCaaS addresses the most significant concerns of today’s lenders and is the industry’s first solution that provides a robust warranty framework for regulatory compliance, vendor and investor guidelines management, as well as data integrity. MCaaS provides lenders with a premium service that works in tandem with the company’s compliance infrastructure to produce loans which stand up to regulatory scrutiny and investor guidelines, while delivering superior customer satisfaction.
With the MCaaS model, lenders reduce overall cycle times for mortgage and home equity, improve regulatory compliance and reduce repurchase risk potential, all at an agreed cost.