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Quandis Launches New Vendor Module to Connect Clients and Vendors

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   Banking and Finance News

   PRESS        RELEASE:
   Quandis Launches New Vendor Module to Connect Clients and
   Vendors
   Thu, 05 Apr 2012, 06:58:27 EDT

   FOOTHILL RANCH, Calif., April, 5, 2012 (SEND2PRESS NEWSWIRE) --
   Quandis, Inc., a leading provider of default management mortgage technology
   solutions, announced it launched a solution that connects mortgage service
   companies with a nationwide network of real estate vendors. The module
   provides a centralized Web portal that creates a medium for vendors to list the
   services and expertise they provide, and for mortgage companies to locate
   vendors based on their business needs.

   Mortgage servicers, lenders, escrow firms, outsourcers and preservation
   companies have an ongoing need to hire vendors to help complete transactions
   such as valuations, short sales, inspections and others. Quandis' Vendor
   Module allows mortgage companies to gain access to vendors like real estate
   agents, real estate brokers, appraisers, property inspectors and notaries.

   The solution eliminates the laborious process whereby vendors are forced to
   visit multiple mortgage companies' Web sites to do business with them. Suitable vendors can be quickly located and once
   engaged with, vendors can return to the site to monitor the status of orders placed. Vendors are able to list their specific
   services, expertise, track record, reputation, markets, zip codes served and more.

   "In order to efficiently complete real estate transactions associated with servicing processes such as valuations and short
   sales, mortgage companies must be able to quickly find the best vendors offering services they are looking for in a specific
   area," said Scott Stoddard, CEO of Quandis. "Our vendor module works by allowing individual vendors to list their services
   and specialties in our national database, and provides a medium for organizations to easily search for and engage with them.
   Often, this is a manual process for both parties, as vendors must add and re-key their information into dozens of different Web
   sites while organizations in turn must use several different methods by which to locate vendors. Our vendor module eliminates
   these cumbersome functions for both parties."

   Quandis' Vendor Module provides a win-win for both the mortgage companies and individual vendors using it. As vendors are
   able to showcase key information on the site, they are also able to use the service as a gateway to reach more companies to
   do business. At the same time, mortgage companies are able to make quick, informed decisions on vendors.

   Quandis says it continues to add to its network of mortgage service companies and vendors; and, the vendor module will soon
   be expanding the type of transactions that can be tracked and completed.

   About Quandis:

   Founded in 2003 and headquartered in Foothill Ranch, California, Quandis is a default management software provider
   specializing in Web-based solutions for the lending industry. Quandis' solutions include foreclosure process automation, short
   sale portals, skip tracing systems, a valuations hub, military search services, bankruptcy status searches, collection solutions,
   as well custom application development. The company's clients range from lenders to banks, servicers, foreclosure attorneys,
   outsourced service providers, and agents and brokers. For more information, please visit http://www.quandis.com or call (949)
   525-9000.

   MEDIA CONTACT:
   Joe Bowerbank
   Profundity Communications, Inc.




http://send2press.com/newswire/print/news_2012-04-0405-003.shtml                                                              4/5/2012
PRESS RELEASE: Quandis Launches New Vendor Module to Connect Clients and Vend... Page 2 of 2




   949.378.9685
   jbowerbank@profunditymarketing.com.


   NEWS SOURCE: Quandis, Inc.

   Send2Press® is the originating wire service for this story.



   PRESS RELEASE PERMALINK: http://www.send2press.com/newswire/2012-04-0405-003.shtml



   For more information about this news release, contact Quandis, Inc. directly through their Web site found in the above press release, and NOT

   Send2Press.



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http://send2press.com/newswire/print/news_2012-04-0405-003.shtml                                                                               4/5/2012

				
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Description: FOOTHILL RANCH, Calif., April, 5, 2012 (SEND2PRESS NEWSWIRE) -- Quandis, Inc., a leading provider of default management mortgage technology solutions, announced it launched a solution that connects mortgage service companies with a nationwide network of real estate vendors. The module provides a centralized Web portal that creates a medium for vendors to list the services and expertise they provide, and for mortgage companies to locate vendors based on their business needs.