QuestSoft Updates Fair Lending RELIEF to Include Analysis of Consumer Lending

LAGUNA HILLS, Calif.–(BUSINESS WIRE)–QuestSoft’s latest enhancement to Fair Lending RELIEF is a new module that allows lenders to analyze non-HMDA consumer lending activity. The most significant challenge in analyzing consumer lending is the absence of applicant demographic data. Fair Lending RELIEF has been updated to include proxy assignments for race, ethnicity, gender, and Bayesian Improved Surname Geocoding (BISG) consistent with regulatory methodologies. “We are excited to offer fair le