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Integrated Compliance and Documents
LendingSpace's Loan Origination System makes drawing compliant documents
a simple process with its integrated document engine. You can use
whatever process you are currently using, or you can go directly to
the LendingSpace engine and be assured of impeccable compliance, every
time.
Essential tests are included, such as high cost, pre-payment and net
tangible benefits tests:
- Evaluate adherence to net tangible benefit test and fair lending
laws
- Home Ownership and Equity Protection Act (HOEPA) - Section
32
- State and municipal high-cost / anti-predatory laws and pre-payment
tests
- Truth In Lending Act (TILA)
- State consumer lending laws and fees
- State licensing regulations
- Integrated with LOS and Deal Structuring for real-time threshold
calculations
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