Press Release

Aklero Risk Analytics Inc., a provider of mortgage loan quality technology and services delivered through automated data and document validity assurance for the mortgage industry, has signed deals with 60 new clients over the past 45 days.

“These clients recognized that Aklero offers a dynamic combination of technology and mortgage services that leverages our enterprise Loan Quality Management Platform, Q-Close, to augment the quality assurance and control audit process,” said Brian K. Fitzpatrick, chief executive officer of Aklero Risk Analytics Inc.

These financial organizations sought a complete loan audit solution that included automated document and data validity checks and dynamic loan research as opposed to inadequate static PDF or Excel-based reports. In addition, Aklero provides integrated business intelligence, the ability to compare hundreds of points of data to original documents electronically, secure access to indexed documents, and automated rebuttal submission and tracking as well as a segregated and secure audit archive.

“Our approach truly changes the way that audit loan reviews are conducted and analyzed,” said Fitzpatrick. “That’s because the extraordinary granularity of our audits through the use of hundreds of extracted data elements from mortgage loan documents combined with codified alert findings, enables Aklero to provide a quality control audit solution that is unrivaled in the mortgage industry.”

Aklero’s enterprise Loan Quality Management Platform ensures improved loan quality, helps to avoid secondary market funding delays, minimizes repurchase risk, and provides better accountability and deficiency detection throughout the origination and secondary marketing lifecycle. As a result, most clients are able to significantly increase their profits and reduce losses from repurchases.

“The past 45 days demonstrate to our new clients, and the market at large, a point that existing clients have long known: Aklero’s Q-Close Loan Quality Management Platform and expert audit personnel deliver comprehensive quality control audits, accurate forensic loan examinations, and swift due-diligence investigations,” said Fitzpatrick.