News Releases

BRENTWOOD, Tenn., April 15, 2021: Ncontracts, the leading provider of integrated risk management and lending compliance solutions for the financial services industry, announced that the company’s QuestSoft lending solutions team has collaborated with Discover Financial Services on a new automated prequalification review. This solution will help streamline loan originations while ensuring compliance with all applicable Federal, State, and local rate limits.

QuestSoft Corporation announced today that the company has been awarded an Innovations Award from PROGRESS in Lending in its eleventh annual competition. The company was recognized for LeadER, a new digital compliance tool it added to its Compliance EAGLE platform to deliver critical compliance at a justified price point during the loan prequalification process.

Ncontracts, the leading provider of integrated risk management solutions for the financial services industry, announced that it has acquired QuestSoft Corporation, a leading provider of compliance software and services for the mortgage, bank and credit union industries.

New automated service verifies APR and payment streams, while also applying compliance rules to reduce or alleviate regulatory errors during the prequalification process.

QuestSoft's latest enhancement to Fair Lending RELIEF is a new module that allows lenders to analyze non-HMDA consumer lending activity.