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Banking and Finance News


P R E S S R E L E A S E :
Scott Law Firm Automates Name Permutation
Searches for Military Personnel to Comply with SCRA,
Quandis Technology Enables
Wed, 30 Jul 2014, 07:00:20 EDT
FOOTHILL RANCH, Calif., July 30, 2014 (SEND2PRESS
NEWSWIRE) -- Quandis, Inc., a leading provider of mortgage
servicing software, announced that Scott Law Firm, which serves
the default servicing industry, is actively utilizing its new military
search name permutation functionality. Scott Law Firm can now
more easily and efficiently identify active duty military borrowers
in the Department of Defense (DoD) database to comply with the
Servicemembers Civil Relief Act (SCRA).
"Checking the military status of borrowers holding mortgages is a
responsibility that we at the law firm take very seriously," stated
Reginald P. Corley, managing attorney of Scott Law Firm, P.A.
"It is critical that our team perform accurate searches in the DoD
database each and every time. Given the rapid scalability of
Scott Law Firm systems, Quandis custom-configured searches
for all name variations to be performed at every client-specific mandated milestone, ensuring compliance and quality service
for our client base."
The addition of Quandis' name permutation searches creates a comprehensive, advanced compliance solution that helps
adhere to the SCRA by fully automating all aspects of DoD searches. Benefits of the automation include better, quicker and
more accurate searches; increased employee productivity; and risk mitigation.
"We are pleased to announce that Scott Law Firm is the first law firm in the nation that Quandis helped to automate the
running of DoD search permutations of all alias last names," commented Scott Stoddard, CEO of Quandis. "They have been
an outstanding group to work with on this exciting and innovative project."
Quandis customized name permutation searches to meet Scott Law's specific client needs. The solution also integrates with
Scott Law's case management system (CMS), CaseAware, seamlessly returning search findings back into the system along
with the DoD's official military status report. As a result, significant time is saved and the potential for data re-entry errors is
eliminated.
In conjunction with CMS integrations, Quandis offers the most powerful and extensive searches in the mortgage banking
industry.
About Quandis:
Founded in 2003 and headquartered in Foothill Ranch, California, Quandis is a mortgage servicing software company
specializing in Web-based solutions for the mortgage banking industry. Quandis' solutions include foreclosure process
automation, valuation software, military search services, bankruptcy searches, short sale portals, skip tracing systems,
collection solutions, vendor solutions, as well custom application development. The company's clients range from servicers to
foreclosure attorneys, lenders, banks, GSEs, outsourced service providers, and agents and brokers. For more information,
please visit http://www.quandis.com/ or call (949) 525-9000.
About The Scott Law Firm:
The Scott Law Firm P.A. offers statewide representation in South Carolina to lenders and lender representatives and all legal
services are rendered in compliance with FHA/VA/FNMA/FHLMC guidelines and reimbursement schedules where applicable.
The Scott Law Firm appears in the Martindale-Hubbell Bar Register of Preeminent Lawyers(R) in the following disciplines and
areas of practice: Bankruptcy Law, Creditors Rights, Legislative Practice and Real Estate. The Firm is only 1 out of 15 law
firms across the country to be selected for a Tier 1 Metropolitan Rating in mortgage banking foreclosure law by U.S. News &
World Report. Visit the firm's website for more information http://www.scottlaw.com/ .
CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com
NEWS SOURCE: Quandis, Inc.
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