ComplianceEase, San Francisco, and Dorado Corp., San Mateo, Calif., have announced the formation of a strategic partnership that they say will accelerate the delivery of automated compliance systems, especially in predatory lending compliance.Under the terms of the partnership, ComplianceEase's flagship product, PredatorAnalyzer, will be integrated with Dorado ChannelMaster as a .MOR Web service. The combination will enable lenders to integrate PredatorAnalyzer with legacy systems simply and cost effectively, the companies said. "The predatory lending audit is a great example of the power and flexibility of the Web services-based approach to origination workflow," said Joseph W. Jennings, president of Dorado. The companies can be found online at http://www.complianceease.com and http://www.dorado.com.
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The partnership was designed to support the growth of Redwood's Sequoia platform and give Castlelake purchasing power for fully documented loans.
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