John J Harland (NYSE:JH)
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QuestSoft, a provider of Home Mortgage Disclosure Act
(HMDA) and Community Reinvestment Act (CRA) compliance solutions and
geocoding services, announced the integration of HMDA RELIEF, the
company's flagship Windows(R)-based HMDA compliance software, with
INTERLINQ(R) E3(R), a loan production platform from Harland Financial
Solutions, Inc., a wholly owned subsidiary of John H. Harland Company
(NYSE: JH).
The interface continues to build on and strengthen the alliance
between Harland Financial Solutions and QuestSoft by seamlessly
integrating more than 70 key HMDA and Fair Lending fields from
INTERLINQ E3 to HMDA RELIEF, including new fields QuestSoft added to
help lenders combat false fair-lending accusations. This integration
enables lenders to originate loans with INTERLINQ E3, while
automatically using HMDA RELIEF to ensure compliance with the latest
HMDA regulations and monitor Fair Lending practices. This combined
solution reduces errors, improves internal efficiencies and speeds up
the reporting process for banks, credit unions and other mortgage
lenders, regardless of size.
The new interface also allows INTERLINQ E3 users to track and
verify customer addresses with QuestSoft's Instant Geocoder software,
check for and correct dozens of common HMDA reporting errors
automatically and instantly produce more than 30 graphically detailed
analysis reports on HMDA and Fair Lending data. The platform relies on
the latest HMDA specifications including rate-spread calculations,
ethnicity codes and pre-approval statuses.
"The interface helps INTERLINQ E3 customers reduce the likelihood
or errors during HMDA reporting, while decreasing the time and
resources required to ensure HMDA compliance," said Joe Filoseta, vice
president of Business Development for Harland Financial Solutions'
Mortgage Solutions Group. "The features of E3 make this and other
supply-chain business-partner integrations a key driver of increased
productivity and improved production pull-through."
"The HMDA RELIEF interface for E3 is a joint effort to provide E3
customers with comprehensive HMDA compliance options that further
boost the accuracy of HMDA submissions," said Leonard Ryan, president
of QuestSoft. "The difference is deeper integration than is typical
and meticulous efforts in field mapping by Harland Financial
Solutions."
About Harland Financial Solutions
Harland Financial Solutions (www.harlandfinancialsolutions.com)
supplies software and services to thousands of financial institutions
of all sizes, offering its solutions in both an in-house and service
bureau environment. Harland Financial Solutions is a leader in core
systems, item processing, payment processing, electronic document
management, financial accounting systems, electronic documents,
deposit & loan origination, customer relationship management,
compliance training, branch automation, check & MICR printing,
mortgage lending, and solution consulting.
About Harland
Atlanta-based John H. Harland Company (NYSE: JH) (www.harland.net)
is listed on the New York Stock Exchange under the symbol "JH."
Harland is a leading provider of software and printed products to the
financial institution market. Harland's software solutions include
deposit & loan origination, platform, teller, call-center, mortgage,
business intelligence, core systems and customer relationship
management systems. Harland's printed products offerings include
checks, direct marketing and financial forms. Scantron Corporation
(www.scantron.com), a wholly owned subsidiary, is a leading provider
of software services and systems for the collection, management and
interpretation of data to the financial, commercial and educational
markets.
About QuestSoft
Laguna Hills, Calif.-based QuestSoft is a compliance software
development firm specializing in the Home Mortgage Disclosure Act
(HMDA), Community Reinvestment Act (CRA), and automated compliance
services to more than 1,500 banks, credit unions and mortgage
companies nationwide. In addition, the company has received
recognition for its many technological accomplishments.
For more information about QuestSoft and its products, visit the
company's Web site at www.questsoft.com.