Compliance Solutions

PCLender's InHouse Mortgage is designed to help lenders, especially financial institutions such as banks and credit unions, meet compliance requirements. Our fully hosted design enhances data protection, and a host of compliance features and functionalities make our company the leading mortgage lending technology partner for midsized institutions.

InHouse Mortgage compliance features include:

  • Removal of customer data from all workstations and laptops

  • Integrated loan program guidelines and data, ensuring that loan programs are properly identified and disclosed

  • Print form disclosure library that supports loan product, mortgage insurance, FHA, VA, state, and federal disclosure requirements

  • Off-site backup for disaster recovery and business resumption

  • Advanced password management for third-party vendor systems

  • HMDA data tracking and final reporting

  • ECOA tracking and issue identification

  • High-cost lending validation through vendor tools

  • Data checks that can be placed to ensure proper data gathering before key activities are completed

  • State licensing tracking for lender, brokers, appraisers, and other vendors

  • Configurable-user security rights based on user's role and loan status

SAS 70 Type II infrastructure and support certification:

PCLender.com, Inc. maintains SAS70 Type II Certification. This certification demonstrates that our operational processes and controls meet superior standards of security, reliability and availability—an assurance that our clients can pass on to their own customers.

SAS 70 Type II Auditing Standards

SAS70 Type II certification is one of the most stringent auditing standards for service companies. PCLender's SAS70 Type II certification verifies that we deliver fully secure, reliable, effective operating environments with the proper controls for conducting high availability IT and Internet operations. Third party auditors conduct annually the SAS70 Type II audit, which requires meticulous reviews and tests of PCLender operational procedures and controls.

The SAS 70 Type II audit included comprehensive reviews and tests of PCLender's infrastructure, including power, physical and electronic security measures, backup and recovery procedures, customer setup, network security, maintenance procedures, infrastructure change management, environmental safeguards, communications, customer service, management and user controls.

SAS70 was developed by the American Institute of Certified Public Accountants (AICPA) for service providers that wish to demonstrate a high level of control effectiveness to independent auditors. It has become one of the most widely recognized auditing standards for service companies.

 
 
 
 

 

 

 

 



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