RMS Announces New Strategic Partnership for Fair Lending
Summary
At a flat fee cost, this partnership will be able to deliver an underwriting and pricing regression analysis to lenders, the results of which will be analyzed and interpreted by legal counsel at Offit Kurman and communicated in a manner subject to the attorney-client privilege.Now, lenders of all sizes can afford to include this essential service in their compliance infrastructure.” When asked about this package, Offit Kurman principal Ari Karen explained, “With the new HMDA rules to be implemented and the inevitable increase in fair lending cases that will result, the timing of this program is critical – it’s the right solution at the right time.” About RMS RMS, Incorporated provides web-based compliance software and consulting solutions to the banking and mortgage industries.Knoxville, TN, October 14, 2014 --( PR.com )-- Risk Management solutions, Inc. (RMS), Incorporated, a leading provider of compliance software and solutions for the banking/mortgage industries announced today a new strategic partnership that will help financial institutions conduct a fair lending analysis in a streamlined fashion.RMS is partnering with Strategic Compliance Partners (SCP) and Offit Kurman to assist in conducting a fair lending regression analysis unlike any other program available today.At a flat fee cost, this partnership will be able to deliver an underwriting and pricing regression analysis to lenders, the results of which will be analyzed and interpreted by legal counsel at Offit Kurman and communicated in a manner subject to the attorney-client privilege.Now, lenders of all sizes can afford to include this essential service in their compliance infrastructure.”When asked about this package, Offit Kurman principal Ari Karen explained, “With the new HMDA rules to be implemented and the inevitable increase in fair lending cases that will result, the timing of this program is critical – it’s the right solution at the right time.”About RMSRMS, Incorporated provides web-based compliance software and consulting solutions to the banking and mortgage industries.