Magazine article Mortgage Banking

Texas Bankers Group Expands Endorsement of Wolters Kluwer Solutions

Magazine article Mortgage Banking

Texas Bankers Group Expands Endorsement of Wolters Kluwer Solutions

Article excerpt

The Texas Bankers Association (TBA), Austin, Texas, announced in February it has expanded its endorsement of Minneapolis-based Wolters Kluwer Financial Services' regulatory compliance and risk-management solutions to include several of the company's mortgage-compliance documentation solutions.

"The combination of low interest rates and new or enhanced government lending programs presents banks with a number of new business opportunities and better ways to serve their customers," said Lenelle Freeman, TBA executive vice president. "At the same time, state and federal lending regulations are likely to become even stricter. It makes perfect sense for banks to partner with a trusted compliance provider like Wolters Kluwer Financial Services to manage regulatory risk more efficiently while growing their business."

The TBA endorsed the following Wolters Kluwer Financial Services mortgage-compliance documentation solutions:

* Document Services Platform [R], a robust mortgage document preparation and secure delivery platform that can interface to most loan origination systems;

* Print Forms, featuring Troy, Michigan-based VMP Mortgage Solutions' compliance content that lenders have relied upon for decades to meet regulatory requirements in all 51 U.S. jurisdictions, as well as investor guidelines;

* Secure Document Exchange (SDX), a secure electronic communications tool that allows lenders to deliver documents to borrowers for eSignature or eConsent, and provides the option of completely and securely outsourcing the printing and mailing of paper documents when needed via a Statement on Auditing Standards (SAS) No. …

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