FOR IMMEDIATE RELEASE
South Bend, Ind. (January 29, 2016) – Carleton Inc., a leading provider of compliant loan calculation and document generation software solutions, has announced the next generation suite of software, Carleton Lending Solutions, including CarletonCalcs, CarletonDocs, CarletonAccess and CarletonAudit.
Carleton Lending Solutions incorporates the latest upgrades to the firm’s LoanSmart Solutions that have been adopted by major lending software providers for over 20 years. These lending solutions represent Carleton’s commitment to delivering software that meets Consumer Financial Protection Bureau (CFPB) third-party vendor compliance recommendations and consumer privacy and security requirements.
In 1996, Carleton introduced LoanSmart Lending Solutions that included web applications and software modules that easily integrated with loan origination systems to perform compliant loan calculations and the seamless generation of lending documents. Twenty years later, Carleton’s LoanSmart solutions are used by over 125 lending software providers to meet the compliance requirements of their clients.
“Carleton’s ability to adapt our software and support to the ongoing changes in technology, lending and compliance has made us the preferred partner of loan origination software providers who recognize the importance of having long-term compliance support for their lenders,” commented Pat Ruszkowski, president and CEO of Carleton. “We renamed our next generation lending solutions using the Carleton name to reflect our company’s 45+ year compliance leadership in the lending industry. Our compliance support and active dialogue with the federal and state regulators to assist our clients in this complex and highly regulated lending environment is built in to all our lending solutions.” Carleton Lending Solutions suite of software supports all types of lending activities including mortgage, consumer, auto lending and leasing, payday lending and business lending.
Carleton is the leading provider of compliant and easy-to-use lending and leasing calculation software and document preparation software serving the lending and auto industry. Founded on compliance expertise at a federal and state level in 1969, the company’s client list has grown to include most of the major lenders, credit insurance companies and loan origination software providers in the United States. For more information, visit www.carletoninc.com.