PRESS RELEASE:

HousingWire Magazine Names Quandis to its Inaugural HW TECH100 List

Magazine honors the 100 most innovative technology firms in the U.S. housing economy

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FOOTHILL RANCH, Calif., March 7, 2014 (SEND2PRESS NEWSWIRE) -- Quandis, Inc., a leading provider of default management technology solutions, announced that it earned a spot on HousingWire magazine's new HWTECH 100™ list. Quandis is among 23 companies recognized in the servicing category of the list.

"With more than 400 firms under consideration this year, selecting 100 was incredibly difficult - and making the cut should be considered a distinct honor," said Jacob Gaffney, executive editor of HousingWire magazine. "What really stands out to me is this: for the firms included in the 2014 HW TECH100, the average reported customer growth rate year-over-year was a whopping 359 percent. This tells me that innovation is really taking off when it comes to the future of the housing economy."

An innovator in default servicing technology, Quandis offers a breadth of modular, completely workflow-driven solutions that are delivered on a software-as-a-service (SaaS) basis and reside in the Cloud. The company's solutions can also be installed onsite behind clients' firewalls for mega organizations that desire to host applications themselves.

Quandis' solutions are highly flexible, scalable and business rule configurable. They are in use by leading servicers, lenders, banks, foreclosure attorneys, the GSEs, and outsourced service providers, as well as individual agents and brokers.

"We are honored to be recognized by the publisher of HousingWire in the debut of its Top 100 list that focuses on leading vendors in paramount areas of the mortgage technology supply chain," said Scott Stoddard, CEO of Quandis. "Our making the list is a testament to the hard work of our dedicated employees and the robust, contemporary technology that we develop."

About the HW TECH100:

The HW TECH100™ looks to find the housing economy's 100 most innovative technology companies. The annual program is the first to look at the entire housing economy, spanning residential real estate to residential mortgage lending, servicing and investments. Collectively, the housing economy represents roughly one third of the U.S. economy, and more than 600 technology firms and dot-coms offer solutions that serve this market. Learn more at http://tech100.housingwire.com/.

About HousingWire:

HousingWire is the nation's most influential news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments and real estate operations. The company's news, commentary, magazine content, industry directories, and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Learn more at http://www.housingwire.com/.

About Quandis:

Founded in 2003 and headquartered in Foothill Ranch, Calif., 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, vendor solutions, as well custom application development. The company's clients range from servicers, to foreclosure attorneys, lenders, banks, GSEs outsourced service providers, and agents and brokers. With over 20 years of experience in developing mortgage technology solutions, Quandis understands the unique requirements necessary to deliver enhanced workflows and business-to-business communications. Quandis has been named a Top 50 Service Provider three years in a row.

For more information, please visit http://www.quandis.com/ or call (949) 525-9000.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

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