Leonard Ryan, President, QuestSoft
Under Leonard Ryan’s leadership, QuestSoft has risen to become the market leader in mortgage compliance automation. The company has grown its market base to more than 2,500 unique lending institutions, which use its software to automate HMDA, CRA, fair lending and other mortgage compliance products and services. Under Ryan’s direction, QuestSoft became the only software solution provider to comply with the new CFPB HMDA rules a year in advance of the 2018 deadline. The new HMDA module has enabled customers to completely test their internal systems and LOS integrations well before the new rules go into effect. QuestSoft was also first in the market to incorporate CFPB-mandated edits and has helped more than 30 loan origination software products adjust their systems to the new rules before the deadline.
Ryan was also named to MPA’s Hot 100 in 2016 and has received 22 awards for his work at QuestSoft over the past five years. Beyond his duties at QuestSoft, Ryan plays an instrumental role as the industry’s independent tech representative on the Nationwide Mortgage Licensing System Mortgage Call Report Working Group, in association with the American Association of Residential Mortgage Regulators. He is also a member of the MBA’s HMDA/fair lending committee, and was recently invited as a panelist to discuss the future role of compliance on digital mortgages. In 2017, Ryan served as a session/primary speaker at more than 20 events, and he has participated in approximately 60 industry panels and presentations since 2013. In addition, he actively supports the MBA Opens Doors Foundation and the Orange County Second Harvest Food Bank.