Mortgage Cadence and QuestSoft have announced a new strategic alliance that will provide QuestSoft HMDA and Fair Lending data collection services for Mortgage Cadence platform users.

With the partnership, users of Mortgage Cadence Platform can now exchange data with QuestSoft during the mortgage manufacturing lifecycle.

“Many technology providers work together on what amounts to little more than a handshake for the benefit of their mutual clients, but this agreement is a much more formalized partnership deal,” said Mark Jones, new business development manager for Mortgage Cadence. “This new partnership is unique in that it didn’t spring from a request from a joint customer, but rather was custom-designed by our two teams for the benefit of the entire industry. Any alliance that was just designed to gather HMDA data will be eclipsed by this new partnership.” 

“We’ve been working hand-in-hand to satisfy our joint clients in partnership with Mortgage Cadence for many years,” said Leonard Ryan, founder and president of QuestSoft. “In the past, our work was to gather HMDA data and do some data integrity analysis for the protection of our joint clients, but this partnership allows us to do much more for lenders and credit unions.”