With the 2018 release of its cloud product, Cogent expands available options to include a software-as-a-service solution as well as on-premise deployment.

Now, lenders and servicers can standardize on a single platform to automate almost any kind of loan-level audit – including all types of mortgage and consumer loan audits. The Cogent platform automates the entire quality control workflow for most standard loan audits, including pre-funding, post-closing and EPD. Standard audits can be extensively configured to suit different workflows. But crucially, Cogent users can also add new features and custom functionality upon request, enabling them to automate non-standard workflows. Some of these workflows include repurchase management, mortgage insurance correspondence, and rules-based decisioning.