Business, Free News Articles, Software

Quandis Adds Automated Monitoring Feature to its Military Search Service for SCRA Compliance

RANCHO SANTA MARGARITA, Calif. -- Quandis, Inc., a leading default management mortgage technology provider, announced that it incorporated functionality into its Military Search service that empowers clients with the ability to easily customize real-time monitoring data analysis that is more explicit and inclusive in nature, returning the most granular searches in the industry for active military personnel along with detailed reporting.

Quandis Military Search (QMS) is an all-in-one solution that verifies up-to-the-second information on active duty military status to help organizations comply with the Servicemembers Civil Relief Act (SCRA) of 2003, which has stringent rules and processes that must be followed before starting mortgage foreclosure proceedings on borrowers that hold active duty status in the United States military. Stiff fines, penalties and lawsuits can result from active military personnel that are improperly pursued in the default process.

The new functionality works by providing organizations with the ability to define "monitoring cycles" for their data, which automatically runs SCRA searches using both client defined criteria and schedules. The continual search cycles allow for comparison of key SCRA data points over time thus identifying any changes in SCRA eligibility. The expanded functionality reports on specific data points as defined by unique client needs.

"Our development of QMS monitoring takes SCRA compliance adherence a step further by putting users in full control of their data and preferences as to how, when and to what degree of finality they would like to execute searches," explained Greg Kent, vice president of data services at Quandis. "Our clients no longer require IT resources to compare and detect SCRA status changes."

QMS delivers a highly accurate, cost effective, easy method for combing the Department of Defense (DoD) database to identify all possible name variations and aliases, complete with name permutations to reduce the risk of missing a borrower that has active duty status. An official military status report and certificate is returned from the DoD within 24 hours demonstrating proof of compliance.

QMS automates bulk as well as individual searches and can be used as a standalone solution or as integrated with leading attorney case management systems (CMS), servicing platforms and legacy applications to return and populate search certificates along with relevant data. The solution is being successfully leveraged by foreclosure attorneys, servicers, lenders, banks and third party outsourcing providers.

Quandis is a HousingWire Tech 100 company, has been named a Top 50 Service Provider by Mortgage Technology magazine multiple years in a row, and QMS also received a mortgage technology product-based award commendation from SourceMedia.

About Quandis:
Founded in 2003 and headquartered in Rancho Santa Margarita, California, Quandis is a leading default management software provider specializing in web-based solutions for the mortgage industry. Quandis' solutions include foreclosure process automation, short sale portals, skip tracing systems, a valuations hub, military search services, bankruptcy status searches, collection solutions, vendor solutions, as well custom application development.

The company's clients range from servicers, to foreclosure attorneys, lenders, banks, GSEs outsourced service providers, and agents and brokers. For more information, please visit https://www.quandis.com/ or call (949) 525-9000.

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Awards and Honors, Business, Free News Articles

National Mortgage Professional Magazine Designates Quandis a 2018 Top Mortgage Employer

RANCHO SANTA MARGARITA, Calif. -- Quandis, Inc., a leading default management mortgage technology provider, announced that it was named to National Mortgage Professional magazine's (NMP) Top Mortgage Employers list for 2018. Quandis was one of only ten companies to be included in the publication's 'Services Providers' award category.

NMP arrived at the winners by polling its readers about their employers based on the following criteria: corporate culture; compensation; day-to-day management; internal communications; marketing; training; resources; long-term strategy; ingenuity; speed; technology; reputation; and industry participation.

"We are honored to be recognized as a top mortgage employer by National Mortgage Professional magazine," said Scott Stoddard, CEO at Quandis. "Our incredibly dedicated and talented staff is the backbone of our ongoing company success. Being acknowledged by NMP with this award is the direct result of and a testament to the hard work and determination of Quandis employees."

NMP magazine is one of the mortgage industry's leading go-to sources for extensive news coverage for mortgages, origination, compliance, secondary marketing, servicing, settlement, technology, trending, and more.

About Quandis:
Founded in 2003 and headquartered in Rancho Santa Margarita, California, Quandis is a leading default management software provider specializing in web-based solutions for the mortgage industry. Quandis' solutions include foreclosure process automation, short sale portals, skip tracing systems, a valuations hub, military search services, bankruptcy status searches, collection solutions, vendor solutions, as well custom application development. The company's clients range from servicers, to foreclosure attorneys, lenders, banks, GSEs outsourced service providers, and agents and brokers.

For more information, please visit http://www.quandis.com/ or call (949) 525-9000.

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Free News Articles, Software

Quandis Adds New Imaging Functionality to its Military Search Service for SCRA Compliance

RANCHO SANTA MARGARITA, Calif. -- Quandis, Inc., a leading default management mortgage technology provider, announced that it has added new functionality that allows servicers and default attorneys to more easily manage images of official certificates from the Department of Defense (DoD) to demonstrate proof of compliance for adherence to the Servicemembers Civil Relief Act (SCRA).

The SCRA requires that organizations take various measures before beginning default and foreclosure proceedings on active duty military personnel. Non-compliance with the SCRA can result in steep fines, lawsuits and the potential to rescind foreclosures.

Quandis' Military Search Service streamlines searches on delinquent loans by automatically combing the DoD's database to identify borrowers that have active duty status, who are protected under the SCRA. The searches are very thorough, complete with name permutations, which catches slight variations of different names. Searches return a detailed, documented certificate from the DoD demonstrating proof of compliance.

Quandis has now added imaging functionality to meet all internal and external compliance requirements. The new functionality delivers a number of newfound efficiencies.

"One of the ongoing problems that organizations are faced with when it comes to SCRA compliance is not only verifying that a delinquent borrower is on active duty, but also in how they process, organize, or redact certificates provided from the DoD," stated Greg Kent, vice president of data services at Quandis. "By adding imaging capability, clients now have the flexibility to take DoD certificates, centralize them, and store them internally for future reference and proof of compliance. This saves huge amounts of time spent by FTEs to manually perform the same task."

The typical process for default servicing entities starts with collecting a superset of all DoD SCRA certificates. Multiple copies are then created and adjusted for the content within them to be compliant. Law firms have to prove to servicers and courts that they interface with all SCRA information and documentation, and they all have their own internal requirements and procedures on how to handle SCRA certificates.

This manual process becomes hard to manage, significantly increases the element of human error, is laborious, time consuming and heightens the risk of non-compliance. Quandis' new imaging functionality remedies this and provides detailed, well-organized proof of SCRA compliance in the event of an audit.

"Quandis' SCRA image packages has allowed us to ensure compliance with searches for active military personnel across the board for all of our cases," stated Matt Barr, director of information technology at BWW Law Group, LLC. "The simplification of the overall process gives us more time to focus resources in other areas, which produces a significant ROI for us."

The Quandis Military Search Service for SCRA compliance can be used as a standalone solution or as integrated with leading law firm case management systems (CMS) and servicing platforms.

Quandis' Military Search technology also addresses compliance for the Military Lending Act (MLA) rule. The MLA helps protect U.S. servicemembers in other areas of consumer lending outside of mortgage such as payday loans, vehicle title loans, refund anticipation loans, deposit advance loans, installment loans and credit cards. Under the MLA, servicemembers have additional protections that must be complied with. Quandis expanded its footprint into protection of servicemembers involving high-cost loans and predatory lending when new changes were implemented to the MLA in 2015 and again in 2016.

About Quandis:
Founded in 2003 and headquartered in Rancho Santa Margarita, California, Quandis is a leading default management software provider specializing in web-based solutions for the mortgage industry. Quandis' solutions include foreclosure process automation, short sale portals, skip tracing systems, a valuations hub, military search services, bankruptcy status searches, collection solutions, vendor solutions, as well custom application development. The company's clients range from servicers, to foreclosure attorneys, lenders, banks, GSEs outsourced service providers, and agents and brokers.

For more information, please visit http://www.quandis.com/ or call (949) 525-9000.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

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Awards and Honors, Business, Free News Articles

Scott Stoddard of Quandis Designated One of the Mortgage Industry’s ‘Top 50 Most Connected Mortgage Professionals’ in 2017 by NMP Magazine

RANCHO SANTA MARGARITA, Calif. -- Quandis, Inc., a leading default management mortgage technology provider, announced that Scott Stoddard, the company's chief executive officer, has been named to National Mortgage Professional (NMP) magazine's 2017 "Top 50 Most Connected Mortgage Professionals" list.

NMP cites that individuals who earn a spot on the list as being very successful, well-connected, recognized, and powerful networkers and influencers in the mortgage industry. They are esteemed by their peers as authorities in their respective areas of focus who consistently serve as trusted sources of information, guidance and leadership.

Mr. Stoddard is a renowned figure in the mortgage industry, specifically in enterprise-level servicing technology. His expertise in providing technology solutions to the mortgage banking industry spans more than 25 years. He was the co-founder of LenStar, where in 1995 he completed the successful sell of the company to London Bridge, and then served as group executive to complete a smooth transition of ownership. Now owned by ISGN, LenStar is still a widely used network that that enables servicers and default attorneys to efficiently communicate, exchange data and streamline workflows.

In 2003, he co-founded Quandis and has since grown the company into one of the leading default management software firms in the mortgage industry. Other positions previously held by Mr. Stoddard include chief technology officer for The LOGS Group, vice president of systems for Mortgage Default Servicing, and five years of experience in the aerospace industry working with NASA, Rockwell International and Hughes Aircraft.

Mr. Stoddard has a long-standing reputation for being an innovator in mortgage servicing technology. He led Quandis in making significant advances in 2017 with its enterprise-class, modular-based default management platform, launching several new products and services that were quickly adopted by new clients. As a result of his leadership, Quandis continues to enjoy a solid footprint in the servicing side of SaaS and Cloud-based mortgage servicing software.

About Quandis:

Founded in 2003 and headquartered in Rancho Santa Margarita, California, Quandis is a leading default management software provider specializing in web-based solutions for the mortgage industry. Quandis' solutions include foreclosure process automation, short sale portals, skip tracing systems, a valuations hub, military search services, bankruptcy status searches, collection solutions, vendor solutions, as well custom application development. The company's clients range from servicers, to foreclosure attorneys, lenders, banks, GSEs outsourced service providers, and agents and brokers.

For more information, please visit http://www.quandis.com/ or call (949) 525-9000.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

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Awards and Honors, Business, Free News Articles

HousingWire Designates Quandis a 2017 HW TECH100 Mortgage Technology Vendor

RANCHO SANTA MARGARITA, Calif. -- Quandis, Inc., a leading default management mortgage technology provider, announced that it has been named a top 100 mortgage technology provider by HousingWire for 2017. The annual HW TECH100(TM) list honors the most innovative and progressive technology firms in the U.S. housing economy.

"The companies that make up the 2017 HW TECH100 are the cream of the crop of the entire housing industry, from real estate to mortgage lending, servicing, and investment," said HousingWire Senior Financial Reporter Ben Lane. "These companies aren't just taking part in the housing industry's technological revolution; they're leading it."

Quandis accomplished a number of different software advances that were instrumental in it earning a spot on the list. The company launched Quandis Court Connect (QCC), a sophisticated data service that effectively automates the much needed monitoring of state courts for business-critical case activity. In addition, Quandis developed a new solution to help organizations comply with new changes to the Military Lending Act (MLA).

Further, the company also made advances with its core workflow product, Quandis Business Objects (QBO), which is a highly configurable business rules and business process-driven solution. QBO arms organizations with industry-leading workflow technology that contains an integrated suite of web services for effectively managing enterprise-wide operations.

QBO is used by companies ranging from large-scale to small and mid-tier organizations. Users on the business side can easily author, configure and implement a myriad of different rules that automate numerous complex processes and workflows -- without the costly and time consuming assistance of IT.

"We are pleased to be lauded by HousingWire as an industry-leading vendor that is laser-focused on making the default servicing space in the mortgage industry more efficient," said Scott Stoddard, CEO of Quandis. "The enterprise-class solutions that we develop have and continue to solve so many different pain points for organizations. Our entire company is honored to be named to HousingWire's prestigious TECH100 list."

"The companies in the 2017 HW Tech100 cover the entire mortgage finance spectrum. There's hardly a corner of our industry that hasn't been transformed in some way, either by fintech startups focusing on a specific software need or legacy companies evolving to compete in the new environment," said HousingWire Magazine Editor Sarah Wheeler. "Now more than ever, these companies are delivering the innovation this industry needs to do its most important job: supporting the American Dream."

Quandis' solutions are utilized by servicers, to foreclosure attorneys, lenders, banks, GSEs outsourced service providers and agents and brokers, and other third party vendors.

About Quandis:
Founded in 2003 and headquartered in Rancho Santa Margarita, California, Quandis is a leading default management software provider specializing in web-based solutions for the mortgage industry. Quandis' solutions include foreclosure process automation, short sale portals, skip tracing systems, a valuations hub, military search services, bankruptcy status searches, collection solutions, vendor solutions, as well custom application development. The company's clients range from servicers, to foreclosure attorneys, lenders, banks, GSEs outsourced service providers, and agents and brokers. For more information, please visit www.quandis.com or call (949) 525-9000.

About HousingWire:
HousingWire is the nation's most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments, and real estate operations. The company's news, commentary, magazine content, industry directories, and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/Finance category, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. Learn more at www.housingwire.com.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

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Business, Free News Articles, Legal and Law

Quandis Integrates its Court Case Search Solution, QCC, with KMCIS’ CaseAware Case Management System

GRAPEVINE, Texas -- MBA National Mortgage Servicing Conference & Exposition -- Quandis, Inc., a leading default management mortgage technology provider, announced at the MBA's yearly servicing conference being held at the Gaylord Texas Hotel that it has seamlessly integrated its court case search solution, dubbed Quandis Court Connect (QCC), with KMC Information Systems, L.C.'s (KMCIS) CaseAware(R) case management system (CMS) for law firms.

QCC is a sophisticated data service that automates the monitoring of state courts for desired case activity and immediately notifies users when any activity occurs. Often, users at law firms manually visit court websites on a one by one basis in order to locate cases of interest, which is onerous, labor intensive, and prone to errors and missed cases.

The new integration allows CaseAware(R) users to easily initiate searches for any type of court case across the country directly from within CaseAware(R), which is a leading CMS that is widely utilized by law firms. Detailed case information is located and seamlessly populated back into CaseAware(R). This eliminates manual intervention, data re-entry, saves time, and delivers newfound efficiencies.

"There is a rampant problem whereby law firms regularly perform manual searches on court websites, which accompanies many issues, inefficiencies and risks," said Scott Stoddard, CEO of Quandis. "QCC completely eliminates this problem and now that our service is integrated with CaseAware(R), the processes and workflows are fully streamlined for law firms."

Key components of QCC include:
* Docket monitoring that quickly locates the desired type of case and feeds any docket changes back into CaseAware(R).

* Docket classifications that efficiently categorize dockets according to desired criteria and preferences, enabling users to focus only on items that matter.

* Party searches that check for party names and other case filings is also planned to be integrated with CaseAware(R). QCC performs very granular party searches for any name permutation, preventing users from either missing a case or locating one that does not pertain to the individual being searched.

With the simple click of a button, CaseAware(R) users can obtain any and all cases for parties on a state-wide basis in just minutes with an unmatched level of accuracy, complete with name permutations. The law firm's process remains the same, allowing CaseAware(R) users to sail effortlessly through their normal workflow. Detailed reporting is provided that can be accessed and a PDF copy of the court's website docket page is stored for audit purposes.

Quandis will be attending the MBA's Servicing Convention and Exposition from Feb. 14 - 17, 2017 in Grapeview, Texas at the Gaylord Texas Hotel. The company can be contact at 949-525-9005, via email at jbittick@quandis.com for a demo of QCC and the CaseAware(R) integration.

About Quandis:
Founded in 2003 and headquartered in Rancho Santa Margarita, California, Quandis is a leading default management software provider specializing in Web-based solutions for the mortgage industry. Quandis' solutions include foreclosure process automation, short sale portals, skip tracing systems, a valuations hub, military search services, bankruptcy status searches, collection solutions, vendor solutions, as well custom application development. The company's clients range from servicers, to foreclosure attorneys, lenders, banks, GSEs outsourced service providers, and agents and brokers. For more information, please visit http://www.quandis.com/ or call (949) 525-9000.

About KMCIS
KMC Information Systems, L.C. ("KMCIS") is a St. Louis Missouri-based partnership founded in 2004 and dedicated to implementing quality solutions for the Legal, Mortgage, and Title industries. The CaseAware(R) product suite offered by KMCIS is the leading case management software for the default servicing industry. CaseAware(R) Manage is a complete and extremely configurable legal case management system developed specifically for default services law practices and foreclosure trustee firms. The system includes a dynamic workflow engine, automated fees and costs, and an integrated document generation, storage and retrieval system. CaseAware(R) Integrate provides automated, two-way transmission of data between a trustee or law firm's case management/accounting systems and the prevalent default services industry systems. For more information, please visit http://www.caseaware.com/.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

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