Quandis, Inc.FOOTHILL RANCH, Calif. /California Newswire/ — Headquartered in Foothill Ranch, California, Quandis, Inc., a leading provider of default management technology solutions, today announced its tenth anniversary in the mortgage industry. Quandis was founded in June of 2003 with the mission of engineering innovative software applications for a variety of organizations in the default servicing space.

"Quandis was established because we saw an opportunity to deliver leading-edge software solutions that help companies automate complex, problematic business processes in default servicing," said Scott Stoddard, CEO of Quandis.

He added, "So many of the technology applications that are commercially available in the mortgage industry today are either antiquated or fall short of resolving pain points. At the end of the day, our success is predicated on the commitment and drive of our employees coupled with advanced, contemporary technology."

Quandis caters to servicers, default attorneys, lenders, banks, GSEs, outsourced service providers, agents, and other members of the default supply chain. The company provides a wide-ranging breadth of Web-based, configurable solutions.

Quandis' management team is comprised of business people and technologists who possess deep experience in the default servicing sector of the mortgage industry. Learn more at: .

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, vendor solutions, as well custom application development.

The company's clients range from lenders to banks, servicers, foreclosure attorneys, GSEs outsourced service providers, and agents and brokers. With over 20 years of experience in developing solutions, Quandis understands the unique requirements necessary to deliver enhanced workflows and business-to-business communications.

Quandis was named a Mortgage Technology Top 50 Servicer Provider three years in a row. For more information, please visit .

Quandis, Inc., 27442 Portola Parkway, Suite 350, Foothill Ranch, CA 92610; 949.252.9000.

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