2017 HW Tech100 Winner: Cogent QC Systems
Quality control system improves risk management to reduce the number of audits
Cogent QC Systems
Cogent QC Systems provide lenders and servicers with a complete quality control solution, including robust data management, highly efficient statistical and non-statistical sampling, easy-to-use auditing workflow, extensive reporting and a secure online QC feedback portal (for streamlined resolution of findings).
The company's award-winning software is continually updated and highly customizable to client needs. Deployed by more than 100 clients, including some of the top lenders and servicers in the United States, Cogent QC Systems have guided the loan quality control of millions of servicing records.
The company’s software uses an industry-pioneering statistical sampling methodology that meets agency and investor requirements. This technology reduces the number of loans audited by emphasizing risk-based sampling to improve risk management.