Items Tagged with 'John Vong'

ARTICLES

  • ComplianceEase names Michael Jackman CEO

    John Vong to become company’s executive chairman of the board
    Compliance solutions provider ComplianceEase announced Tuesday that Michael Jackman has taken the reins of the company as its new CEO. Jackman will be replacing CEO and Co-founder Anita Kwan, who is retiring. This isn't the only move in the company's staff shuffle. ComplianceEase announced its other co-founder, John Vong, will become its executive chairman of the board.
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  • ComplianceEase anticipates growth in home equity lending

    Announces platform updates to ease compliance concerns for HELOC lenders
    ComplianceEase is one of many companies betting on growth in the home equity market. The fintech company's ComplianceAnalyzer now has the ability to audit HELOCs for state licensing requirements and more. ComplianceEase President John Vong said the company is responding to growing interest from banks and nonbanks in home equity lending.
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  • From HW Magazine

    What's next in mortgage compliance?

    It's not just fintech - it's regtech
    The goal over the past few years has been to move compliance from a manual to an automated process, and more specifically moving from the post-close sampling process to the point of origination process. But, as we’ve discussed, the level of automation has been relatively basic, and more focused on preventing errors than taking friction and delays out of the underwriting and review processes.
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  • From HW Magazine

    ComplianceEase handles multiple disclosures to manage fee tolerance issues

    Produces independent audit report
    To stay in compliance, many companies are updating their software and processes. However, reviewing only a limited set of disclosures can also result in over-refunding fees in an attempt to address suspected tolerance errors. With historically thin margins in the mortgage industry, small errors can have a large impact on profits and competitiveness.
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  • From HW Magazine

    2015 HW Vanguard Award winners

    HousingWire recognizes 27 executives leading the housing economy
    All of the sectors of the housing economy now — real estate, lending, servicing and investing — are navigating unchartered territory. The challenges are new and the processes scrutinized as never before. Against that backdrop, we at HousingWire thought it was appropriate to recognize the tremendous leadership within the mortgage space with our first annual HW Vanguard Awards. Companies in our business couldn’t have survived the crisis, or formed in this brave new world, without serious leadership.
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  • From HW Magazine

    Company Spotlight: ComplianceEase

    John Vong explains why "the devil is in the details"
    When lenders have to justify and document every decision, it really raises the bar for compliance. Those that are still trying to handle compliance manually or by using multiple, disparate systems as a work-around are going to find it difficult to meet new requirements. The CFPB’s new TILA-RESPA Integrated Disclosure (TRID) rule will only exacerbate this situation, according to Vong.
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