Mortgage

2018 HW Tech100 Winner: Vendorly

SaaS-based oversight platform is designed to help financial institutions manage their vendors

Tech100 Logo

Vendorly

Servicing

Vendorly, which launched in the spring of 2016, provides financial institutions with tech-based vendor management processes. The company offers an external-facing, SaaS-based oversight platform that is designed to help financial institutions manage their vendors and meet regulators’ dynamic vendor oversight guidelines. The company’s platform helps manage vendor risk by streamlining vendor due diligence, document maintenance, and ongoing monitoring across all vendor types involved in mortgage origination and servicing processes.

Vendorly offers managed vendor oversight services, including due diligence, document management, annual assessments, information security assessments, financial condition reviews and on-site audits. In addition to the software platform and operational support, Vendorly also offers integrations with third-parties to give its clients access to an array of due diligence resources.

vendorly.com

Most Popular Articles

Here are the mortgage lenders that borrowers like the most

J.D. Power’s 2019 U.S. Primary Mortgage Origination Satisfaction Study, released Thursday morning, showed that there are some lenders that customers seem to love working with more than others. Here are the ones that borrowers are partial to.

Nov 14, 2019 By

Latest Articles

Congressional vote on “de facto QM Patch” postponed

The House Financial Services Committee postponed a vote on H.R. 2445 on Wednesday, a bill that would fix the so-called QM Patch that’s set to expire in early 2021.

Nov 15, 2019 By