Economy

Cogent Economics Announces Alliance with Wolters Kluwer to Provide Quality Control Monitoring Service

mm — September 27, 2017 comments off

“This solution both streamlines the process of updating audit checklists and takes some burden off our clients’ in-house compliance resources,” said Hakki C. Etem, CEO of Cogent Economics. “We are very pleased to ally with a quality organization like Wolters Kluwer to help our clients keep up with a rapidly changing regulatory environment.”

Wolters Kluwer provides a single repository containing Quality Control guidelines for Government Sponsored Enterprises (GSEs) coupled with Wolters Kluwer’s State-Specific Documentation requirements, to assist with updates to a mortgage originator’s compliance audit and quality control programs.

“Not only can originators improve loan quality using the service, but they can also reduce the probability of GSE buybacks, eliminate effort and cost associated with monitoring regulatory guidance themselves, and promote compliance best practices across the organization,” said Art Tyszka, Vice President, for Wolters Kluwer’s Compliance Solutions business. “We’re pleased to expand those benefits to a larger group of mortgage originators through our alliance with Cogent.”

About Cogent Economics

Founded in 1991, Cogent is a 3-time winner of the Housing Wire Tech100 (2015-17), winner of Mortgage Technology’s “Lasting Impact” Awards, and a Top 25 Mortgage Technology Vendor. Cogent has installed systems at over 100 of the top lenders and servicers in the country. Today, Cogent QC Systems guide the loan reviews of trillions of dollars in mortgage originations and millions of servicing records. Visit us at www.cogentqc.com.

MEDIA CONTACT:
Kaan Etem
415-495-3660 x204
[email protected]

About Wolters Kluwer Governance, Risk & Compliance

Wolters Kluwer Governance, Risk & Compliance (GRC) is a division of Wolters Kluwer which provides legal, finance, risk and compliance professionals and small business owners with a broad spectrum of solutions, services and expertise needed to help manage myriad governance, risk and compliance needs in dynamic markets and regulatory environments.

Wolters Kluwer N.V. (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2016 annual revenues of €4.3 billion.

SOURCE Cogent Economics, Inc.

Related Links

http://www.cogentqc.com

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About the Author: Bob Cooper

Bob Cooper is Canadian Business Tribune''s senior editor. He is also a nationally syndicated newspaper columnist and a bestselling author. He lives in London Ontario and covers the intersection of money, politics and finance. He appears periodically on national television shows and has been published in (among others) The National Post, Politico, The Atlantic, Harper’s, Wired.com, Vice and Salon.com. He also has served as a journalist and consultant on documentaries for CBC and Global News . In 2014, he was the winner of the Society of American Business Editors and Writers' investigative journalism award, and the winner of the Izzy Award for Journalism from Ithaca College's Park Center for Independent Media. He was also a finalist for UCLA's Gerald R. Loeb Award and Syracuse University's Mirror Award. Before becoming a journalist in 2006, Sirota worked in Washington for, among others, U.S. Rep. Bernie Sanders, the U.S. House Appropriations Committee Minority Staff and the Center for American Progress.